Tagged: norway

February 17, 2026 @ 10:53 am By JD Alois  |  

A wealth confiscation tax has never been widely successful anywhere it has ever been attempted. Yet, some policymakers and pundits continue to support the concept of taxing unrealized gains and wealth thresholds. As the Laffer Curve explained decades ago, excessive taxation will have the opposite… Read More

January 1, 2026 @ 10:19 pm By Omar Faridi  |  

VivoPower International PLC (NASDAQ: VVPR), a B Corp-certified global sustainable energy solutions group, is pleased to announce the execution of an exclusive heads of agreement to acquire an energized and operational 40MW+ data center infrastructure facility in Norway powered by “100% renewable hydroelectric energy.” With… Read More

August 19, 2025 @ 8:13 am By Omar Faridi  |  

Coop Norge SA has selected Knowit and Mambu to implement a new core banking system to manage member deposits. The new solution, powered by Mambu’s cloud-native core banking platform and “integrated into Coop’s infrastructure by Knowit, will modernise and streamline the management of millions of… Read More

August 18, 2025 @ 2:49 am By Omar Faridi  |  

Norway’s Government Pension Fund Global, managed by Norges Bank Investment Management (NBIM), has made a notable move in the cryptocurrency market, increasing its exposure to bitcoin-related assets by an impressive 83% during the second quarter of 2025. This development, reported by Standard Chartered’s global head… Read More

June 27, 2025 @ 8:31 am By Omar Faridi  |  

Innovation Norway has selected Knowit and Mambu to modernise its core banking platform, marking a significant milestone in the digital transformation of public financial services. The solution, powered by Mambu’s cloud-native technology and seamlessly integrated “into the Norwegian financial systems by Knowit, will optimize Innovation Norway’s loan, grant, and guarantee… Read More

June 5, 2025 @ 8:31 am By Omar Faridi  |  

Thunes, the Smart Superhighway to move money around the world, today announced the further expansion of its Direct Global Network with the launch of direct Pay-to-Bank services in Denmark, Norway, and Sweden. This broadens Thunes’ reach into the Nordic region, “empowering Members of the Thunes… Read More

May 19, 2025 @ 7:22 am By Tony Zerucha  |  

Infosys (NYSE: INFY) has announced an expansion of its strategic collaboration with DNB Bank ASA  (DNB), Norway’s largest bank, to accelerate its digital transformation. The collaboration will leverage Infosys’ services, solutions, and platforms, including the Infosys Finacle platform, to accelerate their IT modernization journey, improve… Read More

February 13, 2025 @ 3:28 pm By Omar Faridi  |  

PayPal Holdings Inc. (NASDAQ: PYPL) announced the addition of PayPal as a checkout option for all U.S.-based cruise reservations operated by Norwegian Cruise Line Holdings Ltd (NYSE: NCLH). Now, travelers looking to cruise with Norwegian Cruise Line, Oceania Cruises® and Regent Seven Seas Cruises, can… Read More

January 28, 2025 @ 11:33 pm By Omar Faridi  |  

Lunar launches crypto in Norway via Lunar Block, a Scandinavian crypto trading platform that allows users to buy and sell crypto -assets directly through the Lunar app. The launch offers Norwegians with a way to explore the world of crypto while “managing their traditional financial… Read More

November 30, 2024 @ 9:05 am By Omar Faridi  |  

The European Central Bank (ECB) and Norges Bank signed an agreement for Norway to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service. This will reportdly make the Norwegian krone the fourth currency available for settlement in TIPS, along with the euro, the Swedish krona… Read More

October 14, 2024 @ 8:11 am By Omar Faridi  |  

Norway, which is globally recognized as one of the world’s most cashless societies and economies, appears to have made it simpler to settle transactions with cash. In what appears to be a significant change in the trend towards avoiding cash transactions, the government and reserve… Read More

July 4, 2024 @ 10:39 pm By Omar Faridi  |  

Handelsbanken Norway has entered into a new agreement with Tietoevry Banking for the delivery of a complete solution portfolio, including core banking, card and payment solutions, wealth management, as well as solutions for combating financial crime. The agreement has a duration of five years, and… Read More

October 20, 2023 @ 11:06 pm By Omar Faridi  |  

Token.io, the account-to-account (A2A) payment infrastructure provider has announced the expansion of its direct open banking connectivity network to Sweden, Norway, Denmark and Finland, where it now “offers Account Information Services (AIS) and Payment Initiation Services (PIS) services.” This unlocks new opportunities “for Payment Service… Read More

August 13, 2023 @ 1:54 pm By Omar Faridi  |  

As part of modernizing its IT landscape and enhancing the customer experience, Handelsbanken Norway has chosen to consolidate on Tietoevry Banking’s wealth management solution. This enables Handelsbanken “to offer financial products, including mutual funds, equities, ETFs and more, through one modern self-service platform for its… Read More

July 20, 2023 @ 11:02 pm By Omar Faridi  |  

Nordea has entered into an agreement with Danske Bank to acquire its Norwegian personal customer and private banking business and associated asset management portfolios. The acquisition is an ideal strategic fit “for Nordea and will strengthen Nordea’s market position in Norway among household customers.” The… Read More

July 17, 2023 @ 11:11 pm By Omar Faridi  |  

The Norwegian Public Service Pension Fund (SPK) has announced a contract agreement with Mambu, a cloud banking platform, and Knowit, a Nordics-based digital consultancy. The partnership is set “to modernize SPK’s housing loan solution, allowing the institution to build a flexible, user-friendly, and complete component-based… Read More

July 14, 2023 @ 3:31 pm By Omar Faridi  |  

Card issuing and processing pioneer Enfuce has been chosen by leading Norwegian crypto exchange NBX to issue a Visa®-branded credit card offering Bitcoin cashback on purchases. Powered by Enfuce’s cloud-native issuing platform, the launch of the card is a turning point in the crypto market,… Read More

June 16, 2023 @ 5:23 pm By Omar Faridi  |  

Bitdeer Technologies Group (NASDAQ: BTDR), a technology company for the cryptocurrency mining community, announced its unaudited mining and operations updates for May 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented: “We maintained stable operations during the month of May while remaining dedicated to the… Read More

June 9, 2023 @ 3:13 pm By Omar Faridi  |  

In recent years, Danske Bank has made fundamental changes to the bank, resulting in a more focused business with a reduced risk level and a strengthened organization. Simultaneously they have “focused on strengthening our commercial momentum, and Danske Bank is on a clear trajectory to… Read More

May 12, 2023 @ 12:37 pm By Omar Faridi  |  

Neonomics, a Nordic open banking provider, has expanded the launch of their core open banking driven Checkout solution to the Danish market. This payment solution makes it easy for any business “to get started with account-to-account payments through a frictionless front-end user interface, delivering higher… Read More