The bank account is the hub of the financial life of consumers, and 95% of all Europeans have a bank account.
Trustly’s vision is to make bank payments simpler and easier for everyone, and we are now finally European for real – today available in 29 markets in Europe.
Presentación de Kantox, para Innomoney, evento organizado por Adigital y celebrado el 18 de septiembre de 2015 en Madrid. http://www.innovatexadigital.org/innomoney/
Presentación de Kantox para Innomoney, evento organizado por Adigital y celebrado el 18 de septiembre de 2015 en Madrid. http://www.innovatexadigital.org/innomoney/
This presentation by Jérémie ROSSELLI, CEO of N26, was made during the discussion “Digital disruption in financial markets” held at the 131st meeting of the OECD Competition Committee on 5 June 2019. More papers and presentations on the topic can be found out at oe.cd/cclm.
Presentación de Kantox, para Innomoney, evento organizado por Adigital y celebrado el 18 de septiembre de 2015 en Madrid. http://www.innovatexadigital.org/innomoney/
Presentación de Kantox para Innomoney, evento organizado por Adigital y celebrado el 18 de septiembre de 2015 en Madrid. http://www.innovatexadigital.org/innomoney/
This presentation by Jérémie ROSSELLI, CEO of N26, was made during the discussion “Digital disruption in financial markets” held at the 131st meeting of the OECD Competition Committee on 5 June 2019. More papers and presentations on the topic can be found out at oe.cd/cclm.
Insurance & Finance Challengers - Presentation by Robert Henker, Founder & CEO of Cashboard at the NOAH 2015 Conference in Berlin, Tempodrom on the 9th of June 2015.
apidays LIVE LONDON - The European TPP Landscape in 2020 by Kieran Hinesapidays
apidays LIVE LONDON - The Road to Embedded Finance, Banking and Insurance with APIs
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Kieran Hines, Senior Analyst at Celent
This presentation by Norway was made during the discussion “Digital disruption in financial markets” held at the 131st meeting of the OECD Competition Committee on 5 June 2019. More papers and presentations on the topic can be found out at oe.cd/cclm.
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F3 FintechAcademy avholdes ved inkubatoren F3 i Trondheim flere ganger i året, og er der fintech-miljøet i Trondheim samles under samme tak.
The Contactless Donations Solution for Charities: The Technology PerspectiveCreditcall
This presentation was given by Robert Fox (Creditcall's Senior Sales Manager for UK and Europe) at the Contactless Britannia Charity Roundtable event in London on July 6, 2016.
Ομιλία – Παρουσίαση: Enrique Marron, Western Europe Finance Industry CTO, Huawei Enterprise Business Group
Τίτλος παρουσίασης: «Banking 4.0: Innovation From The Core»
Multinational digital securities issuance and trading platform based on blockchain technology with EU-compliant financial license.
Committed to helping global companies achieve safe, reliable, fast, and low-cost one-click STO listing.
Insurance & Finance Challengers - Presentation by Robert Henker, Founder & CEO of Cashboard at the NOAH 2015 Conference in Berlin, Tempodrom on the 9th of June 2015.
apidays LIVE LONDON - The European TPP Landscape in 2020 by Kieran Hinesapidays
apidays LIVE LONDON - The Road to Embedded Finance, Banking and Insurance with APIs
The European TPP Landscape in 2020 - Charting the progress of open banking
Kieran Hines, Senior Analyst at Celent
This presentation by Norway was made during the discussion “Digital disruption in financial markets” held at the 131st meeting of the OECD Competition Committee on 5 June 2019. More papers and presentations on the topic can be found out at oe.cd/cclm.
Presentasjon avholdt under F3 FintechAcademy av Anders Flatås, Product Manager i EVRY.
F3 FintechAcademy avholdes ved inkubatoren F3 i Trondheim flere ganger i året, og er der fintech-miljøet i Trondheim samles under samme tak.
The Contactless Donations Solution for Charities: The Technology PerspectiveCreditcall
This presentation was given by Robert Fox (Creditcall's Senior Sales Manager for UK and Europe) at the Contactless Britannia Charity Roundtable event in London on July 6, 2016.
Ομιλία – Παρουσίαση: Enrique Marron, Western Europe Finance Industry CTO, Huawei Enterprise Business Group
Τίτλος παρουσίασης: «Banking 4.0: Innovation From The Core»
Multinational digital securities issuance and trading platform based on blockchain technology with EU-compliant financial license.
Committed to helping global companies achieve safe, reliable, fast, and low-cost one-click STO listing.
Concrete Canvas is a flexible concrete impregnated fabric that hardens on hydration to form a thin, durable water proof and fire-resistant concrete layer. Essentially, it’s concrete on a roll.
In Nets, we have created a strong Nordic supplier of payment, card and information solutions with a staff of more than 2.700. Nets' business objective is to become a leader in the Nordic Region and Northern Europe.
In recent years, we have seen an elimination race in Europe among suppliers of payment, card and information solutions. The winners will be those that are simultaneously able to consolidate their position and to create growth in new markets.
International customers want a single supplier that can handle payments in all their markets. They require us to be able to consistently and cost-effectively handle payments in the market where they are present and demand our services.
Our strong market platform especially in Denmark and Norway opens up an array of ways for Nets to improve customer support domestically as well as in the Nordic and European markets. We will protect our position in Denmark and Norway, and continue to function as a hub of joint development of the payment infrastructure in those countries. Our strong domestic platforms are also the springboard to a stronger market position in the rest of the Nordic Region and in Northern Europe.
STOCKHOLM FINTECH REPORT - SSE / Stockholm Business RegionMichalGromek
Stockholm is thus now one of the EU’s biggest hubs for Fintech investments, and it is the city in Europe that has attracted the second most investments over the last five years, according to the research report “Stockholm FinTech – An overview of the FinTech sector in the greater Stockholm Region” - conducted together between SSE and Stockholm Business Region (please visit - http://www.investstockholm.com/news/fintech/ for more information)
How do Dutch consumers pay in 2020 - trends and scenariosInnopay
Overview of how the Dutch consumers pay in 2013 and the nine trends that are most likely to change this behavior; resulting in four consumer payment scenarios for 2020
We developed and presented this report, which includes both a quantitative and qualitative investigation of FinTech investment in the Stockholm region. It was released in June 2015.
World Payments Report 2014 Key Findings PresentationCapgemini
Ten years after publishing the first World Payments Report, Capgemini and RBS continue to provide insight into global and regional non-cash payment trends. In this presentation from the World Payments Report 2014, we explore what is driving payments growth, the increasing overlap of key regulatory and industry initiatives, the increased cascade effect, and innovation and transformation in payments processing. Visit www.worldpaymentsreport.com for more information.
Fraud Prevention in International CommerceSecure Trading
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Digital Innovation Digest by Initio. Special focus on Belgium and Digital Pan European ID.
Swoon is coming in Belgium
ITSME has won 40% of Belgian
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Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
Securing your Kubernetes cluster_ a step-by-step guide to success !KatiaHIMEUR1
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
JMeter webinar - integration with InfluxDB and GrafanaRTTS
Watch this recorded webinar about real-time monitoring of application performance. See how to integrate Apache JMeter, the open-source leader in performance testing, with InfluxDB, the open-source time-series database, and Grafana, the open-source analytics and visualization application.
In this webinar, we will review the benefits of leveraging InfluxDB and Grafana when executing load tests and demonstrate how these tools are used to visualize performance metrics.
Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
To view the webinar recording, go to:
https://www.rttsweb.com/jmeter-integration-webinar
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
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Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
3. The Swedish Fintech scene
STOCKHOLM - EUROPE’S SECOND LARGEST FINTECH CITY
0
200
400
600
800
1000
1200
UK Sweden Netherlands Germany Rest of Europe
Total FinTech investment volume 2004-2014
USD millions
*An overview of the FinTech sector in the greater Stockholm Region by the Stockholm School of Economics (SSE) 3
4. The Swedish Fintech scene
TOP THREE 2014 INVESTMENTS IN STOCKHOLM FINTECH COMPANIES
2014 Activity*
The year 2014 was a landmark year for
investments in Stockholm-based FinTech
companies.
In total 15 FinTech deals attracted $266
million in investments. Moreover, FinTech
investment in Stockholm represented 32
percent of total investments in Sweden.
$125 Mln
$55.5 Mln
$28.8 Mln
*An overview of the FinTech sector in the greater Stockholm Region by the Stockholm School of Economics (SSE) 4
6. Trustly is a payment solution.
BANK PAYMENTS AND TRANSFERS
The merchant makes Trustly available in their checkout next to
other payment methods like Card, Klarna and PayPal.
The end-user can then pay directly from their
bank account using Trustly
6
7. 7
Five main business areas
TRUSTLY IS A B2B COMPANY
e-Commerce Selected customers:
Travel Selected customers:
Selected customers:Marketplaces
Gaming Selected customers:
Financial services Selected customers:
8. 8
Consumers are adopting mobile commerce
CONSTITUTES 1/3 OF ALL TRANSACTIONS
94%
78%
65%
4%
17%
29%
2% 5% 6%
1/1/13 1/1/14 1/1/15
Desktop Mobile Tablet
10. 10
The hub of peoples financial life
ALL OTHER PAYMENT METHODS DEPENDS ON THE BANK ACCOUNT TO WORK
Invoice
e-wallet
Debit card
Credit cardBitcoin
The bank account
13. 93% of European citizens have a bank account
HUGE UNDERLYING CUSTOMER BASE
93%
7%
Banked
Unbanked
http://ec.europa.eu/finance/finservices-retail/docs/inclusion/sec_2011_907_en.pdf
13
14. 14
Online payments in Europe
The importance of catering to the European consumer’s preference to pay with their bank account
e-Commerce mix, Western Europe
*Datamonitor (market size, payment preference Germany) , Worldpay (payment preference other)
**Includes invoice, micropayments, e-wallets, cash on delivery
64%
48%
45%
32%
31%
27%
24%
13%
8%
6%
5%
Netherlands
Finland
Poland
Germany
Austria
Sweden
Belgium
Norway
Spain
Denmark
Italy
Bank payments Card Other**
USD 236 billion
market (2014)
15. 15
A good product leads to high user adoption.
The importance of catering to the European consumer’s preference to pay with their bank account
iDeal transaction growth, Netherlands 2005-2014
Source: iDeal
0
50,000,000
100,000,000
150,000,000
200,000,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
18. 18
Why Trustly?
• There is a market: 93% of all Europeans have a bank
account
• There is an underlying consumer preference in Europe
• Digital authentication methods – paying online using your
bank account is increasingly user friendly
19. Trustly expanding into markets
YESTERDAY 8, TODAY 29
• Officially announcing expansion into
21 new markets
• Live in all 28 EU markets plus
Norway
• Press release distributed this
morning
19
Slide: Introduction
Good morning!
Thank you for the opportunity to be here today to tell you about Trustly and the exciting development concerning digitisation of bank accounts.
My name is Johan Nord and I have worked in various roles in banking and finance for the past 10 years.
Most recently as a Director of Societé Generales investment bank with a focus on financial institutions.
Since this past summer, I have worked as the CCO of Trustly and a member of its management group.
Slide: FinTech scene (1/2)
Trustly is a part of the Swedish FinTech scene, which is exciting from both a European and a global perspective.
Sweden is a small country that has received a proportionally large share of the investments in the sector in recent years.
Slide: FinTech scene (2/2)
In Sweden, Stockholm accounted for more than 30% of the FinTech investments in 2014 and Trustly received the third largest investment after Klarna and iZettle.
Trustly thereby gained new part-owners in the form of Bridgepoint Development Capital, a very well-reputed European venture capital company.
We are very please with their confidence in us and their active involvement in the company.
Slide: What is Trustly?
What is Trustly?
Trustly provides a payment solution based on bank payments for commercial activities online.
The linchpin in Trustly’s product range is based on being able to carry out inbound and outbound payments on behalf of consumers and retailers, based on their balance in their Internet bank.
The company is a licensed payment institute and is under the supervision of the Swedish Financial Supervisory Authority.
To briefly explain how it works, an online retailer integrates Trustly on its site and the consumer can use his or her bank account to buy goods and services.
Trustly’s products have several areas of application that generate added value for both consumers and retailers.
Slide: Verticals
The company works in five customer segments. They are:
E-commerce - consumers buy products and pay directly from their bank account. We take care of return payments in an automatic process, reducing an otherwise large administrative burden for the retailer
Travel industry - this is a segment that generally handles large value orders, which makes it practical for the consumers to pay directly from their bank account
A number of financial companies use Trustly’s products. Among other services, we provide fast inbound payments to PayPal’s e-wallet. Skrill and SAS Travel cash offer their customers payments with the same top-up solution.
In marketplaces, we collaborate with Blocket and Tripwell to name a few.
Trustly accepts the payment from the buyer and forwards it to the seller. This can be compared with what is known as an escrow product. The product generates trust in the transaction between people who do not know each other.
and in Gaming, where gaming companies offer their customers the possibility of making both deposits and withdrawals from their gaming account online.
Slide - Units
E-commerce is constantly developing, especially in terms of the kinds of units used to make purchases.
Just a few years ago, almost all e-commerce took place on desktops.
Smartphones and tablets have taken a growing share of the market.
At Trustly, we see a clear trend where the mobile phone will continue to gain ground, at the same time that our solution is adapted to the mobile, desktop and tablet.
Slide: The bank account - how it is digitised
Trustly’s vision is to make bank payments simpler and easier and we are benefited by the technical shift now taking place at the banks to improve userfriendliness and the user experience for consumers.
The bank account has long been the hub of the financial life of consumers, with the vast majority receiving their salary there and many keeping savings there.
When Internet banking arrived in the 1990s, the bank account did not keep up as a practical alternative for online payments.
This created an opening for the alternatives that were more consumer friendly at the time, like PayPal, invoices, and cards.
This was due in part to the secure, but complicated, methods that customers were forced to use to log in and use their bank account.
At the same time, the banks did not have a solution suitable to the needs of retailers to be able to manage records and reporting.
Slide: Development of authentication methods
But things are happening at the banks
The European Banking Authority (EBA) has developed regulations for secure online payments.
‘Two factor authentication’ is being talked about. The anatomy of a secure authentication is:
‘Something you have’ - a mobile phone or security token
‘Something you know’ - a code or an identity number
A lot of hardware used to be needed to reach the Internet bank.
Thanks to digital signing, now supported by the Swedish banks, authentication is not only secure, but also much more practical.
Nearly 90% of all of Trustly’s mobile payments in Sweden are authenticated and verified by Mobile Bank ID.
More than 60% use Mobile Bank ID for their payments on the desktop.
Mobile Bank ID has truly digitised the bank account for real in Sweden, but this change is also beginning to take place in other countries.
Slide: Continued development of authentication methods
You could even say that exciting things are beginning to happen within the banks.
The banks are adopting technology for voice and face recognition, for fingerprints and so on to make it easier, and still secure, for the consumer to authenticate themselves.
i.e. “Something you are”
Simplicity is crucial for the bank account to remain relevant to consumers and will thereby further increase Trustly’s relevance in the payment service ecosystem.
Slide: The bank account in Europe
Europe - In Europe, it is hard to live a normal life without access to one’s bank account. Nearly 95% of the residents have access to a bank account, which makes it the dominant source of money in the consumers’ lives.
Slide: Online bank payments are a relevant payment method in Europe
From a European perspective, bank payments are one of the most important payment methods for e-commerce. A few countries stand out, such as the Netherlands, Finland and Poland.
The reason that consumers in these countries prefer bank payments is a combination of historic behaviour and the fact that there is an adequate service for bank payments.
It is worth noting that many countries had no practical solutions to make online bank payments, which is clearly visible in the lower part of this graph.
Slide: National alternatives
There are a number of national bank payment initiatives that are created by the local banks. Swish is one example that everyone knows, iDeal in the Netherlands and EPS in Austria are two others.
These solutions are popular in their respective domestic markets and have achieved high degrees of use among consumers.
These national solutions constitute a positive impulse in that they drive the digitisation of the bank account and educate the consumers.
Slide: Cross-border trade
But there have been limitations in the national initiatives
To-date, they have not reached beyond their country’s borders and consumer purchasing behaviour is rapidly changing. A large and growing part of online retailing is now taking place across the borders in Europe.
About one out of two consumers in the largest e-commerce economies have bought goods from abroad. The largest exporters of e-commerce in Europe are the UK and Germany and the Nordics are in a respectable third place.
With more cross-border business, payment solutions are needed that work throughout the entire European market.
Slide: Our reason for existing
Many of the enabling components for the bank account to make a strong comeback as a payment alternative are now in place.
1. There is a large market; 95% of all Europeans have a bank account.
2. There is an underlying consumer preference in large parts of Europe.
3. New digital authentication methods make the bank account easy to use in connection with e-commerce.
What has been missing so far are players who offer bank payments for e-commerce throughout Europe.
Slide: Trustly’s expansion
Yesterday, Trustly was in 8 European countries.
I am proud to officially announce that, as of today, Trustly is now in 29 European countries.
As you can understand, fantastic teamwork has been the foundation for this strong expansion and I want to take this opportunity to thank everyone at the company for their incredible work to reach this shared milestone.
Trustly’s vision is to enable bank payments in Europe and we are now finally European for real.
In connection with this, the company has made progress on the journey we began seven years ago, and our work to offer even simpler and easier bank payments continues.
Conclusion
Thank you for the opportunity to talk here today.
Representatives from Trustly will stay on during the afternoon to partake of the exciting developments in FinTech