With the proliferation of mobile devices worldwide, consumers are becoming more comfortable using them to complete financial transactions. Retailers, financial institutions and telecommunications companies need to focus on these immediate opportunities to cater to the increasingly sophisticated demands of their customers.
Mobile payments are now coming of age in a big way, with mobile usage continuing its growing dominance in business-to-consumer (B2C) retail and the global cross-border business-to-business (B2B) payments industry.
The formation of Denmark’s DONG Energy from six separate energy companies in 2006 presented a series of challenges when merging departments, establishing a single treasury department and integrating areas such as payment systems. This case study describes two major projects undertaken by the group while working with Nordea.
Despite a dampening of investor confidence caused by economic stagnation in much of the region, Europe’s mid-market saw a surge of private investment in 2014 as alternative lending markets opened up to a wider range of companies.