Six months have passed since Tryg opened the door to their entrepreneurial environment, and now Tryg is ready with the first partnerships. It is with the companies Anyware and Meo.

The young fintech company Meo with Christian Visti Larsen at the helm has received a million subsidy from the two wealthy individuals Fleming Grunnet and Carsten Lønfeldt.

Meo uses blockchain technology to create a combined payment and identification solution. This provides much greater security for both payer and receiver, and the startup has just landed a million investment.

Current processes for client onboarding of financial services institutions involve collecting documents and face-to-face checking or individually engaging with reference agencies to verify customer identity against independent data sources. Consumers must always repeat these same steps when they contract a new service. Over time, their personal information can be held by several organizations, so consumers do not really know who holds the data, threatening their security and privacy. By addressing these rising demand for technologies and services to handle international and national requirements for legal compliance within large organizations NewBanking introduced Identity tool. Using the NewBanking Identity, redundant identity compliance checks are eliminated, improving the consumers’ experience and they know who holds access to their data.

Technology will play a crucial role in banks' fight against money laundering, believe two Danish fintech companies, which have received millions for development. Last year, Danish banks submitted 13,377 notifications...

Now that the first meeting on Blockchain ISO (April 3-5 in Sydney, Australia) is completed, there is a Call for Experts to participate in the Study Groups that was agreed by the Technical Committee (TC 307) to start up initially.