Blockchain is the technology behind the electronic currency Bitcoin, but is expected to be used for much more in the future. Therefore, it is crucial that Danish companies participate in the development of standards in this area.

Christian Visti Larsen, Co-Founder & CEO Meo spoke to Zoya Malik about the prospects for PSD2 to be kickstarted by Open Banking  and User Centric Encrypted ID to facilitate secure and trusted operations.

FinTech is not a mere buzzword anymore. It has evolved, elevated in many ways and has turned to be a major disruption with the unstoppable advancements of technology.
NewBanking was established in 2015 with the aim of providing a user identity platform that will allow end-users to verify their identity easily and securely while having control and ownership of data and identity online. The service solves the regulatory challenges faced by the financial institutions, especially the 4th and now 5th European Anti-Money Laundering (AML) directive and the General Data Protection Regulation (GDPR).

The Danish fintech company Meo will combat money laundering and prevent misuse of personal data with a new IT system, which can safely and easily validate, store, and share sensitive personal information. The company has already sold the system to several Danish companies.

The world’s most innovative RegTech companies that every financial institution needs to know about

Entrepreneurs targeting the legal market with anti-money laundering product. The Danish entrepreneurs behind Meo are targeting the legal industry with a product that manages data to comply with EU's anti-money laundering regulations.