We are happy to announce, that Copenhagen Economics has initiated a partnership with the Fintech experts at Norfico.
The structures of the financial sector are changing, becoming more open and agile. This process is denoted “open banking” and will likely pick up in speed the coming years as a new regulatory measure called PSD2 is being implemented.
Combining the strengths of the two consultancies allow us to give our clients the best possible advice on the many important strategic choices they will face in the coming years.
To kick-off the partnership, we have just published a whitepaper on impact of open banking in Scandinavia. We find that that open banking will lead to stronger competition, both domestic and internationally. Overall, we see that Scandinavian banks stand to benefit from the development given their strong initial position in both digitisation and core banking.
For further information, please contact Sigurd Næss-Schmidt