Nordic banks take the first step to build world’s first real-time, cross-border payment system in multiple currencies

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The owners of P27 Nordic Payments Platform AB, Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank, are now announcing a number of key agreements that will lay the groundwork for the realisation of the Nordic region’s first real-time payments system. The owners have signed a shareholders’ agreement, agreed on a business plan, and made a financial commitment that will cover all costs up until the company is financially sustainable, expected in 2021. The ambition is to launch the payments platform in 2021.

The collaboration, joint ambition, and strong commitment of the

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Source: Nordic banks take the first step to build world’s first real-time, cross-border payment system in multiple currencies

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