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.

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...

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.

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.

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.

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)

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.

Blockchain is one of the most hyped technologies currently garnering global attention. Expectations are high, and the technology is being called a revolution as significant as the invention of the internet. The technology is still new and untested, and concrete experiences are limited. Therefore, it can be difficult to grasp the opportunities of the technology.

Fintech company Meo has developed a digital product that makes it easier for banks to comply with increasing regulation from authorities in areas such as money laundering and personal data handling...

Meo aims to conquer the market for handling personal data and combating money laundering. Nordea is a partner, and the next step is the USA. The Danish fintech company Meo wants to combat money laundering and misuse of...

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.

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.

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

IT startup has received a million investment to combat money laundering: "Suddenly you have a dad with deep pockets."

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.

Why is it that my local pizzeria has a smiley scheme, which should assure me as a consumer, while there is complete lack of transparency in how companies in the finance industry handle my deeply personal information?

As demand for compliance solutions is shooting through the roof, RegTech Analyst has revealed the 100 most innovative companies in the world on its fourth annual RegTech100 list.
The prestigious list recognises the world’s most innovative technology solution providers that address the challenges of ever-increasing regulatory pressures within financial services.

With a highly secure and market leading SaaS-solution to the problem, the Danish regtech scale-up, NewBanking Identity, which is supported by the prestigious PwC Legal Tech Scale-up Programme, is now entering the UK market.

UK digital compliance and Regtech welcomes a new incumbent as Copenhagen KYC data management and ‘secure information exchange’ platform NewBanking Identity launches its initial market services. The announcement sees NewBanking launch its compliance services outside of Scandinavian jurisdictions, where its flagship secure information exchange has been utilised by professional services institutions including law firms Plesner, Bech Brunn and Danish credit agency KommuneKredit.

Meo has been named as one of the top 100 most innovative companies in its field, regtech - technology within regulation - by Regtech100.

The company Meo has caught several big fish in the legal industry. Now, the firm, which creates solutions for combating money laundering, also wants to cast its line among smaller lawyers.

When banks, lawyers, companies, and you yourself need to get things done easily, formalities fall by the wayside - because everything can just be sorted via email, right? But lurking in the background are breaches of GDPR and anti-money laundering regulations – and possibly even worse: a multitude of MeToo-like whistleblowers hitting companies.