back Back

Fidesmo & SEB team up for Fidesmo Pay launch in Denmark and Finland

By Megha Bhattacharya

January 15, 2021

  • Denmark
  • Fidesmo
Share

fidesmo paySwedish FinTech company Fidesmo and SEB have teamed up for the launch of the wearable payment service Fidesmo Pay in Denmark and Finland. Fidesmo Pay aims to enable banks to offer their customers a secure way to make contactless payments, by letting them pay with a wearable of their own choice. SEB launched the wearable payment service to their customers in Sweden and Norway in 2019 and today they further expand the offering to customers in Denmark and Finland.

Recently, Fidesmo announced a collaboration with Swiss watch brand Mondaine in a bid to integrate its wearable payment service, Fidesmo Pay into the latter’s watch collection. The partnership will enable payment cards with support for Fidesmo Pay to connect to the Mondaine PayChip service.

The collaboration is expected to enable cardholders from other European banks in multiple regions, to make contactless payments with the Mondaine PayChip.

The company stated that wearables used with Fidesmo Pay are provided by several European fashion brands and can be bought either online or in-store. Launched in 2013, Fidesmo allows for connection to contactless services, such as payment, public transport tickets, office/hotel, and car keys, to both passive and active devices. The Swedish technology company provides a streamlined integration process for manufacturers to add contactless services to their devices and for contactless service providers to distribute their services without any hardware overhead to many devices.

Previous Article

January 15, 2021

Arachnys and PwC bring digital KYC & AML solutions to Singapore

Read More
Next Article

January 15, 2021

Mortgage marketplace Own Up raises $12 mn, fueling national expansion

Read More









IBSi Daily News Analysis

December 01, 2023

Denmark

UAE consumers turn to banks for advice on sustainable finance

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

December 01, 2023

Aspire expands footprint with opening of new Singapore headquarters

Read More

December 01, 2023

PesoPay integrates Maya eWallet for merchant payments in the Philippines

Read More

December 01, 2023

Scottish Widows partners with Moneyhub on open finance features

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2023

£1,500.00 / year

Know More
Next-Gen Debt Collection Systems Growing Importance of Collections Q4 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023