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Mastercard Pioneers Remote Biometric Card Enrollment with Norwegian Tech
Category: Accounting / Financial
Norwegian company Idex is collaborating with Mastercard to create fingerprint readable credit cards. Mastercard today unveiled a technology advancement for its biometric cards. With biometrics representing the next generation in securing payments, Mastercard developed a way for people to easily and conveniently register their fingerprint onto the biometric card in the comfort of their home. […]
Source: Mastercard
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A Fruitful Partnership Between Nordea and MIT
Category: Accounting / Financial
Digital disruption is rapidly changing the competitive landscape for corporates, prompting a strong drive to adopt and apply new technologies and capabilities. And Nordea is no exception. On Friday 23rd of March, researchers Jeanne Ross and Nils Fonstad from MITi CISR delivered dynamic presentations at Nordea’s head office in Stockholm about the increasing importance of digitalization and […]
Source: Nordea
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Peterson Institute: Report on the Norwegian Economy
Category: Accounting / Financial
Can a country save too much money? Many countries have squandered their natural resource endowments. The International Monetary Fund and the World Bank routinely hector developing economies to save and invest more of their revenues from resources such as oil and gold for the benefit of future generations after the resources run out. But, can […]
Source: Peterson Institute
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IRS Announces End To Offshore Voluntary Disclosure Program
Category: Accounting / Financial
The Internal Revenue Service (IRS) has announced that Offshore Voluntary Disclosure Program (OVDP) is coming to a close. The program, which has been around in its current form since 2014, will officially end on September 28, 2018. That gives taxpayers a little over six months to come forward with previously undisclosed foreign financial assets. “Taxpayers have had […]
Source: Forbes
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Working group on a central credit register in Norway
Category: Accounting / Financial
Today, the Ministry of Finance has appointed a working group to assess whether a central credit register should be established in Norway, as prescribed by a regulation from the ECB on the collection of granular credit and credit risk data. The working group consists of participants from the Ministry, Norges Bank, Finanstilsynet (the financial supervisory […]
Source: Regjeringen
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