STOCKHOLM (Reuters) – Six of the Nordic area’s largest banks have agreed to put money into pan-Nordic prompt cost system P27, aiming to combine cost companies within the area right into a single platform to assist enhance enterprise.
FILE PHOTO: The Nordea Financial institution AB emblem is seen on the SIBOS banking and monetary convention in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren
The platform would enable people and companies to immediately ship cash from a cell phone or company checking account to different international locations within the area.
“P27 will develop into the world’s first built-in home and cross border real-time funds…