Skandiabanken becomes largest shareholder in Quantfolio

Artificial intelliegence will undoubtedly revolutionize wealth and asset management, and we wish to take an active part in this revolution. Last week Skandiabanken entered an agreement to purchase 39,9% of the shares in Quantfolio AS. The investment represents an important step in the banks ongoing work to further strengthen and facilitate user-friendly digital saving options for the private market.

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Are banks ready to put their money where their mouths are when it comes to fintech?

By now, almost everyone in the banking industry agrees that we are facing a perfect storm of changes that will forever alter the landscape for financial services. However, it still seems like a long way from talking about it to acknowledging the potential threats and challenges. And an even further way towards putting that knowledge into action.

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Open banking: A playbook for banks and fintechs

The landscape for financial services is changing, and the jury is still out as to how the endgame is going to play out. One of the concepts shaping this future is open banking. After looking into the subject, it is becoming clear that there is no one size fits all open banking strategy. Rather, there are several tactical moves that are being played aout by a variety of both banks and fintechs. No matter which strategic option(s) you choose to follow, open banking will fundamentally change banking the same way internet banking once did.

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Cash is no longer king

The idea of a cashless society is one of the topics that stirs up a heated debated when it comes to digitalization of banking and society. On the one hand, physical cash is the common denominator for corruption, tax evasion, money laundering and other various illegal activities. While the anonymity of cash acts as an enabler for the illegal economy, many fear that the lack of said anonymity will inevitably lead to an Orwellian society where individual freedom is limited.

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