In brief: Worldline enters into an Open Banking partnership with Neonomics

Worldline announces the signing of a long-term Open Banking commercial partnership agreement with Neonomics in Europe.

With this partnership, Worldline will now extend its account-to-account payments and ensure data aggregation in the Nordic countries, including Norway, Sweden, Denmark and Finland.

The combination of the two companies will bring together nearly 3,500 banking institutions in 22 countries across Europe.

Neonomics will extend its coverage to several other key European markets to meet existing customer needs and regulatory approval prior to the integration.

In addition, according to Deloitte's Data Ethics Consumer Research Report, 25% of the Danish population say they are willing to share their data and 22% of Swedes say they are willing to share their data. Deloitte highlighted a significant difference compared to 15% in Germany and 19% in Italy.

The drive to advance digitalisation in the Nordic banking system has taken another step forward with a plan led by P27 Nordic Payments to create future digital infrastructure and platforms.