back Back

Fidesmo teams up with Sweden-based Länsförsäkringar Bank

By Megha Bhattacharya

April 26, 2021

Share

fidesmoFidesmo has entered into a partnership with Sweden-based Länsförsäkringar Bank. According to the company, the collaboration will enable the bank’s customers to use the payment service Fidesmo Pay to tokenize Länsförsäkringar cards onto a variety of wearables. Customers will now be able to use bracelets, key rings, watches and watch straps, and other form factors as a means of payment, to tap and pay on any contactless terminal. Paying with a wearable will bring the same benefits as paying with a physical payment card.

“We are happy to see that more and more banks offer tokenized payments to their customers, and wearable payments being one of them. We are looking forward to expanding the Fidesmo Pay offering in the Swedish market together with Länsförsäkringar, said Mattias Eld, CEO of Fidesmo.

Sweden-based technology company, Fidesmo, 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.

Recently, Fidesmo Pay announced its expansion in Europe with a new collaboration with Cembra in Switzerland. Cembra, a Swiss provider of consumer finance products, will be able to allow its customers to connect their cards to a wearable with support for Fidesmo Pay.

Previous Article

April 26, 2021

G4S Cash Solutions selects Cerillion for billing automation

Read More
Next Article

April 26, 2021

ThetaRay’s AML Solution for cross-border payments now cloud-based

Read More










IBSi Daily News Analysis

Payments, holidays, Black friday

November 29, 2022

Black Friday sales could surge £200m if payments didn’t fail, study shows

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

November 24, 2022

3 European FinTechs facing valuation drop amid economic crisis

Read More

November 24, 2022

Payset selects Thought Machine to expand financial services in Europe

Read More

November 22, 2022

Santander selects NCR to manage ATM network in UK

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q3 2022

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q3 2022

£1,500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2022

£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 2022