NETS

129 results about this entity

Period: 04 Sep 2007 - 01 Nov 2023

/payments

Responsible Innovation & Banking for Humanity

Paul Francis Walvik-Joynt, SVP Payments International, Nets, gives his View From Sibos on the industry's responsibility to meet the needs of those unbanked in society and the importance of education and developing future products in a world aiming for total digitalisation. We question the result of increasing digitisation on society, how we can utilise data ethically to avoid a Social Dilemma, and what payment providers should be striving towards for their customers.

/payments

EU approves Mastercard takeover of Nets' units, subject to concessions

The European Commission has approved the €2.85 billion take-over by Mastercard of key business units of Nets, subject to the transfer of a licence for the Nordic payment processor's account-to-account core infrastructure services to a rival brand.

/payments

Leading payment processors launch European Digital Payments Industry Alliance

Today, Ingenico Group, Nets, Nexi, and Worldline are announcing the launch of an EU advocacy alliance bringing together Europe’s leading independent payment services providers.

/payments

Pandemic accelerates contactless payment adoption in the Nordics

The first four months of 2020, during which the Nordics imposed strict Covid-19 social distancing measures, saw contactless payments in the region increase by an unprecedented 12 percentage points, according to transaction data from European payments industry leader, Nets, released today.

/regulation

EC sets sights on Mastercard's Nets deal

Mastercard's EUR2.85 billion acquisition of Nets' account-to-account payment business is being assessed by the European Commission on competition grounds after six countries raised concerns about the deal.

/payments

Nets buys Polish merchant acquirer PeP

Nordic payments giant Nets has agreed to buy Polskie ePłatności (PeP) in a deal valuing the Polish merchant acquirer at EUR405 million.

/retail

Nets wins Ikano bank tender

Following a competitive tender process, Ikano Bank, an international consumer finance bank, has chosen Nets, a European payment services provider, to provide a full-scale lending platform, issuer processing and related services.

Nets and Bankify forge Open Banking integration

Bankify, a Finnish fintech company, and Nets, a leader in the payments industry, have entered into a strategic partnership that enables Bankify’s customers to consume Bankify’s services through Nets’ Open Banking platform.

JCB expands its merchant network with Nets Group in Finland

JCB International, Co., Ltd., the international operations subsidiary of JCB Co., Ltd., and Nordic-based payment service provider Nets Group, today announce the wider enablement of JCB payment acceptance by Nets merchants in Finland.

/payments

Nets acquires Finnish payment technology providers Poplatek and Poplapay

Today, Nets, a leader in the payments industry, announces its acquisition of Finnish software developer Poplatek, together with its spin-off company Poplapay that provides payment terminal services in Finland.

Nets pilots pay by face

With the tagline ‘Hungry? Face it’, Nets has launched a pilot programme testing facial recognition at a cafeteria in Denamrk.

/payments

FinextraTV spotlight on NextGen Nordics: P27 Momentum

FinextraTV reports from NextGen Nordics: P27 Momentum, the first in a series of events shaping the P27 Nordic Payments journey. Payments professionals came together at the Grand Hôtel in Stockholm to gain insight on this world first, real-time and batch multi-currency platform, which is revolutionising the future of payments. P27 Nordic Payments, Klarna, Mastercard, Visa, EPAM, ACI Worldwide, NETS, Tieto, Fiserv, Equinix and Vipps are among the many leading institutions to share their views exclusively with Finextra Research.

Financial literacy fintech PCKT Money chooses Nets for card processing

European payments leader, Nets, today announces it is delivering issuer card processing and API services to The PCKT Money Corporation.

Bokis and Nets enter into new five-year agreement

BOKIS, a Danish payment and card company representing 57 domestic banks, and Nets, a market leader in the payments industry, have entered into a new five-year agreement.

Nets enables mobile payments for OmaSp customers

The rapidly growing Finnish savings bank, OmaSp, has chosen Nets to enable mobile payments for its customers.

The impact of Instant Payments on the displacement of cash

Paul Francis Walvick-Joynt, SVP Payments International, NETS, speaks at Sibos 2019 about the displacement of cash, how instant payments and PSD2 remove the friction from the transaction process and what this all means for the corporate sector.

Nets and KPMG team to launch AI-powered payment fraud prevention package

Nets, a leader in the European payments industry, has collaborated with multinational professional services provider, KPMG, to develop Nets Fraud Ensemble, a next-generation fraud monitoring and prevention solution.

/payments

Lunar Way chooses Nets as partner for payments

Lunar Way is a Danish fintech company founded in 2015 with the ambition of rethinking the banking experience.

/payments

Mastercard acquires Nets account-to-account payments business

Mastercard has acquired the account-to-account payment business of Nordic platform Nets for €2.85 billion.

Norway's SpareBank 1 selects Nets for open banking

Norwegian bank group SpareBank 1 announces it has selected Nets to provide its open banking infrastructure.