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New Nordic payment giant launched
9/10/2010 5:10 AM EST
Today, the new Group, Nets, will be launched. Nets is the result of a merger between Norwegian Nordito AS, which is the parent company of BBS and Teller, and the holding company of the Danish company PBS. The merger unites the three leading Nordic companies within payment cards, payment solutions and the exchange of payment information into one Group.
The objective for Nets is to become the leading Northern European provider of payment, card and information solutions. The merger consolidates the new Group's position as the leading player in the Nordic market and is the ideal basis for creating further growth in the Nordic region, at first, and then in Northern Europe.
Rune Fjeldstad, CEO at Nets, says:”We are proud to launch our new company, Nets. The Nordic region is our domestic market and our focus will also be on creating further growth in Northern Europe. The fact that we have joined forces makes us an even more attractive and competitive provider and partner in the field...
SpareBank 1 and BBS entering into strategic cooperation agreement
12/7/2009 4:48 AM EST
(Oslo, 7. December 2009) SpareBank 1 has signed a strategic cooperation agreement with BBS for a period of five years. The contract has an estimated value of NOK 1 billion and...
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