All posts tagged: fintech

Future worries causes Visa to pump billions into Tink

August 23, 2021
by Björn Jeffery
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SvD Näringsliv

This column was first published in SvD Näringsliv, in Swedish, on June 24th, 2021. The Swedish company Tink has 18 billion reasons to thank the US Department of Justice. Their stopping of Visa’s intended deal with the similar company Plaid laid the foundation for today’s giant acquisition. Al Kelly, CEO of the card company Visa, seems to know what he wants. In 1.5 years, he has tried to make two billion dollar deals of a very […]

The world’s most expensive keystroke

April 23, 2021
by Björn Jeffery
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SvD Näringsliv

This column was first published in SvD Näringsliv, in Swedish, on March 14th, 2021. The big banks’ outdated software costs them market shares to fintech companies that run both faster and better by making things from scratch. By challenging in a niche and then expanding, a new banking world emerges. It is August of 2020. An administrator at Citibank has just had the worst working day of their life. With a few keystrokes in an ancient […]