Denmark’s consumer lending market grew 1.7% in 2020
The consumer lending market in Denmark grew 1.7% in 2020 to reach a value of $386.6bn (DKK2.5tn), according to GlobalData's…
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Jyske Bank agrees to acquire Handelsbanken’s Danish operations
Danish lender Jyske Bank has signed a binding agreement to acquire Swedish bank Svenska Handelsbanken’s operations in Denmark. The move…
Danske Bank steps up efforts to ramp up IT capabilities
Danske Bank has unveiled a plan to strengthen its IT platform as part of its digital transformation strategy, called ‘Turn to New…
Danske in talks to settle laundering case; holds back dividend payouts
Danske Bank is holding initial discussions with the US and Danish authorities to resolve the ongoing money laundering case. The Danish bank…
Neobank Lunar raises €70m for Nordic expansion
Danish challenger bank Lunar has raised €70m in its Series D-2 funding round from existing investors to further its expansion plans in…
Danske Bank axes 60 jobs to lower costs
Danish lender Danske Bank has axed 60 jobs as part of its efforts to reduce costs and maintain a smaller…
Lunar taps Thought Machine to upgrade core banking platform
Danish challenger bank Lunar has turned to Thought Machine to enhance its core system, develop new offerings and foray into new markets. …
Mastercard buys Aiia to augment open banking capabilities
Mastercard has completed the acquisition of open banking technology provider Aiia for an undisclosed sum. The European fintech firm offers…