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Norwegian banks must choose their payment strategy now


This article was first published in FinansWatch.
PA Consulting’s financial services experts, Thomas Bjørnstad and Frode Lervik, are quoted in an article discussing the findings from a newly launched report.
The Norwegian and Nordic banking markets are undergoing a major transformation. PA Consulting stresses that the banks must have a clear position on new developments, strategic issues and set  out a plan for the road ahead to 2030.
The Nordic region is one of the world s most advanced markets for retail payments. Technological development will - accelerated by covid-19 - transform the industry dramatically in the period to 2030, which will result in a level of change in the industry we have never seen before. ....

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