Press
Watchdog opens experimental sandbox
Finanstilsynet has initiated a development collaboration with five fintech companies. FT Lab aims to make both companies and the supervisory authority more knowledgeable. Finanstilsynet has launched a new initiative called FT Lab.
ISO Blockchain 2nd meeting in Tokyo, Japan - Highlights and takeaways
Yesterday, we finished an intensive week of ISO standardization as part of the second meeting of TC 307 on blockchains and distributed ledger technologies (DLTs) in Tokyo, Japan. Below I provide some (factual) highlights and (subjective) takeaways from that meeting. (If you didn't read any of my short articles on the first meeting of TC 307 in April in Sydney, Australia)
Danish fintech startup wins award at Money 20/20
Several tried, but only one fintech company could leave the big stage at Bella Center with the prize for best startup pitch. The Danish winner has already been inundated with calls from several people interested in his business.
Blockchain ISO: call for experts
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.
Entrepreneurs aim to eliminate money laundering with new technology
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...
The next generation of banking process
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.