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 Feeds

Nets migrates to WAY4 to advance its bank customers card business
Nets, the household name in Scandinavian payment processing, is on-boarding Nordic issuer portfolio’s in credit cards and sales finance onto WAY4, the e-payment processing framework developed by OpenWay.

5/25/2016 10:00:00 PM
Nets explores blockchain technology in cooperation with Coinify
Two of the biggest players in digital and blockchain payments in Europe, Nets and Coinify respectively, are joining forces where Coinify will develop integrated blockchain solutions for Nets.

5/24/2016 10:00:00 PM
Mobile contactless payments to take the Nordics by storm
The number of contactless payments are on a steep increase in the Nordic region which, incidentally, is the most digitised part of Europe. The significant increase in the uptake of digital payments across Europe, not least in the Nordic region, reflects the fact that consumers increasingly see digital payments as more convenient and more secure than traditional payment methods, according to UK-based Mapa Research.

5/18/2016 10:00:00 PM
Tokenisation: an important step towards frictionless connected commerce
While mobile payment in retail is now gravitating towards contactless payments based on NFC, the market for mobile payments is still quite fragmented with mobile payment providers often deploying proprietary solutions. Hans Henrik Hoffmeyer, Senior Vice President and Head of Mobile Services, Nets, explains how Nets is focusing on international standards to ensure scalability and adoption.

5/9/2016 10:00:00 PM
Is the point of sale dead?
No one wants to be herded like cattle to a single point of sale, claims Andrew Vorster, who is a recognised thought leader in the technology space, eager to declare the point of sale next to dead. Yet what matters to merchants, it is argued, is that no baskets are abandoned, whether in the real or the virtual world, and that consumers get to pay in a secure and simple way.

4/20/2016 10:00:00 PM
Nets and JCB partner to drive mobile payments in Denmark
April 19 2016, Ballerup and Tokyo: Nets A/S and JCB International Co., Ltd. (JCB), the international operations subsidiary of JCB Co., Ltd. have entered into a partnership agreement which allows Nets to use J/Speedy, JCB’s contactless technology, for Dankort payments with smart phones.

4/18/2016 10:00:00 PM
Striking a balance between security and innovation is key
As technology evolves and consumer patterns change, criminals could be changing their ways too. More payment transactions are taking place online without the payment card being physically present, and while the average fraudster would once have been a petty thief, the scale in online transactions could turn defrauding payment transactions into a valid criminal enterprise that might be passed as more profitable than drug trading or other illicit activities.

4/13/2016 10:00:00 PM
You can tell the new guys - they’re the ones wearing jeans
Money20/20 Europe in Copenhagen 4-7 April gathered more than 3,500 professionals from the banking, investment and merchant services industries.

4/7/2016 10:00:00 PM
Nets accelerate performance in 2015
The annual report from Nets shows a strong financial performance for Nets during 2015. The net revenue has been improved by 6 % year-on-year and EBITDA (before special items) has risen 35 %.

3/31/2016 10:00:00 PM
Monica Birgitta Caneman joins Nets board
Nets holding have extended their board of Directors with Monica Birgitta Caneman.

3/21/2016 11:00:00 PM
Pocopay and Nets Estonia embark on a new Contactless payment journey
An Estonian company Pocopay is a new player in the financial market and certainly one to look out for

3/17/2016 11:00:00 PM
Nets Group announces availability of token based mobile payments to all Nordic banks in partnership with Carta Worldwide
London, UK February 16, 2016 — Carta Worldwide and Nets Group have announced a partnership that brings secure mobile payments solutions to banks across Northern Europe. The partnership enables Nets to provide token services potentially to all of the banks that are being serviced by Nets across the Nordics and Baltics.

2/15/2016 11:00:00 PM
Dankort goes mobile
From the autumn 2016 your smartphone can be changed into a Dankort. Nets, the Danish banks and the Confederation of Danish Enterprise (Dansk Erhverv) have signed an agreement ensuring that the Danes will be able to pay with their Dankort using a smartphone in the same way as they pay with a contactless Dankort.

12/10/2015 11:00:00 PM
Nets joins Payments UK
Payments UK, the trade association for the growing payments industry, welcomes Nets as a member along with five other associate members. Payments UK brings its members and wider stakeholders together to ensure UK payment services remain world-class.

10/25/2015 11:00:00 PM
Nets shortlisted for the Banking Technology Awards 2015
RealTime24/7, a real-time clearing product launched by Nets in November 2014, has been shortlisted for the prestigious Banking Technology Awards to take place in London on 11 November. RealTime24/7 allows customers to transfer money between accounts within 1.5 seconds, day and night.

10/22/2015 10:00:00 PM
Manne Tiensuu new Head of HR in Nets
Manne was until spring 2015 Head of Group HR at the Finnish airline, Finnair. He will take over from Ragndi Robøle, who on an interim basis has been Head of HR.

9/16/2015 10:00:00 PM
Nets know-how help form new payment standards
Nets, Equens and Vocalink have joined forces and produced a whitepaper describing some of the practical issues regarding third party access to payment services, which is a part of the new Payment Service Directive.

8/13/2015 10:00:00 PM
Nets acquires a stake in the Signaturgruppen technology company
Nets has acquired a stake in the Aarhus-based Signaturgruppen technology company which specialises in digital identity, NemID and digital signatures.

6/29/2015 10:00:00 PM
Nets to purchase Nordea Merchant Acquiring
Nets acquires Nordea Merchant Acquiring – the section of Nordea’s payment business dealing with acquiring of international payment cards in the Nordic and Baltic regions – for a price of EUR 230 million (DKK 1.7 bn) on an enterprise value basis. The acquisition will enable Nets to deliver first-class services to Nets’ customers across the Nordic and the Baltic region.

6/14/2015 10:00:00 PM
Eika Kredittbank renews a five-year agreement on card issuing services with Nets
The new agreement has an annual value of more than NOK 50 million a year, and includes all Visa cards and MasterCard cards issued by Eika Kredittbank and the 74 banks within Eika Gruppen in Norway.

6/2/2015 10:00:00 PM
New Head of eSecurity in Nets
Nets has appointed Niels Gotfredsen (46) as head of the business unit responsible for NemID in Denmark and BankID in Norway.

5/18/2015 10:00:00 PM
Niels Mortensen appointed new Head of Operations in Nets
Niels Mortensen will be new head of Nets Operations department. Niels is joining Nets from a similar position at Codan/Trygg-Hansa, the third biggest insurance company in Scandinavia
Niels Mortensen appointed new Head of Operations in Nets
3/29/2015 10:00:00 PM
Nets plans reorganisation; reduction of 220 positions is expected
In order to strengthen Nets’ competitiveness and customer focus, Nets has announced a reorganisation that will reduce the number of positions by approximately 220 through voluntary redundancy.
Nets plans reorganisation; reduction of 220 positions is expected
3/9/2015 11:00:00 PM
Asger Hattel appointed new head of Merchant Services at Nets
Asger Hattel is leaving TDC to take over responsibility for Merchant Services at Nets – the part of Nets’ business covering terminals, e-commerce and financial acquiring.
Asger Hattel appointed new head of Merchant Services at Nets
3/8/2015 11:00:00 PM
Klaus Pedersen appointed as new CFO in Nets
Klaus Pedersen will become the new CFO of Nets. He will be joining Nets from a position as CFO at Chr. Hansen Holding A/S.
Klaus Pedersen will become the new CFO of Nets.
3/3/2015 11:00:00 PM
Eika Kredittbank is launching a mobile wallet using technology from Nets and Oberthur
In autumn 2014, Eika began cooperating with Nets and Oberthur Technologies (OT) to develop the bank’s future mobile payments solution. After less than a year, Eika is now ready to launch the Eika mobile wallet, which will initially be available for use by 100,000 potential customers of seven local Norwegian banks in June. From the outset, the new NFC-based solution will be supported by Samsung, one of the world’s largest smartphone manufacturers.

3/1/2015 11:00:00 PM
The sales of Estonian prepaid gift card increase 81 percent in December 2014
Have prepaid gift cards to a shop or shopping centre developed into the perfect Christmas present? At least for some it seems, as Nets can see that the sales of prepaid gift cards has increased in Estonia with staggering 81% in December 2014 compared to December 2013.
The sales of Estonian prepaid gift card increase 81 percent in December 2014
12/18/2014 11:00:00 PM
Nets completes offer to the shareholders in DIBS
Nets Holding A/S ("Nets") has obtained approval from the Swedish Financial Supervisory Authority (the "SFSA") to acquire the shares in DIBS Payment Services AB (publ). The remaining condition for the Offer (as defined below) regarding regulatory approvals has thereby been fulfilled. As all conditions for the Offer thereby are either waived or fulfilled, Nets has resolved to complete the Offer.
Nets completes offer to the shareholders in DIBS following approval from the SFSA
12/17/2014 11:00:00 PM
Nets will provide banking services to Skandia in Sweden
One of the largest banking and insurance groups in Sweden has decided to let Nets handle the bank’s issuing services, i.e. services related to the handling of Skandia’s bank’s payment cards.
Nets will provide banking services to Skandia in Sweden
12/9/2014 11:00:00 PM
Nets successfully delivers real time payment system in Denmark
Nets, the leading provider of payment infrastructures and solutions in the Nordics, has successfully delivered a new real time payment solution (RealTime24/7) supporting the Danish banking community’s efforts in providing customers with instant payment options. A key target when launching real time payments is moving mobile P2P payments from existing platforms into a true real time environment offering full reach and interoperability.
Nets successfully delivers real time payment system in Denmark
12/3/2014 11:00:00 PM

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 About Nets

At Nets, we specialise in powering digital payments. We connect banks, businesses and consumers via an international network facilitating digital payments. Spanning across the Nordic region, we provide a broad range of card services, account services, and payment solutions for merchants.