Nordic Banks Provide SMEs with More Fintech-Based Services
Nordic Banks are shifting their focus toward more technology implementation to gain a competitive advantage against non-traditional fintech competitors.
According to the article, several Nordic banks have plans to move their branch services completely online.
“Like many banks, we must face the reality of change,” said Timo Ritakallio, OP Financial’s CEO. “We need to transform in a way that best serves the needs of our customers. Changing to a more technology-rich environment will also create a significant number of new opportunities.”