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Norwegian banks to combine payment units Vipps, BankAxept, BankID

DNB, banking group Eika, Sparebank 1 Gruppen and other Norwegian banks said on Friday that they agree to combine their various payment units Vipps, BankAxept and BankID Norge to improve product offering and prepare for competition against global tech firms. The deal is said to be preliminary, and ownership stakes are still being negotiated. “Through this [...]

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