Innovation Projects
Cluster members in NCE Finance Innovation engage in various collaborative projects, such as our ongoing projects: fraud detection, automated compliance reporting, ESG Data scoring, and more.
Together with our members we continuously scope out potential projects which can be facilitated by the cluster.
Our projects are based on input from members, current trends, regulation, and whatever else that moves in the fintech ecosystem.
Here is a snapshot of our ongoing projects as well as the ones we've completed:
Ongoing projects/
Project: Cyber Security
As digital threats grow more complex and frequent, the need for robust cybersecurity across the financial industry has never been greater. Led by NCE Finance Innovation, this three-year initiative aims to strengthen cybersecurity capabilities acros the financial sector in Norway.
Read moreProject: Digital Inclusion
As financial services become increasingly digital, many people face challenges accessing and understanding essential tools like mobile banking, online payments, and digital identification.
Read moreDetection of Insurance Fraud
Insurance fraud is costing insurers substantial sums each year, which in turn causes increased premiums for honest customers. Developing better measures to detect and prevent fraud cases could therefore have positive impacts on several levels.
Read moreAutomated Compliance Reporting
Nordic financial institutions face increasing regulatory demands in their compliance reporting. Consequently, significant resources are spent on manually delivering the required data to financial authorities, who in turn needs to process the deliveries on their end.
ESG Rating Model
Environmental, Social and Corporate Governance (ESG) cluster project initiated in 2021 with Quantfol.io, Sparebanken Vest and Sparebanken Sogn & Fjordane.
Read moreBergen Harbour project
Bergen Harbour is changing its business model to a more commercial focus.
Read moreBusiness Model Innovation & Ecosystems For Seamless Transactions In Retail
Retail is undergoing major changes. Can new business models, ecosystems and artificial intelligence uphold employment and maintain diversity in the sector? A new project at DIG at NHH will address these issues and topics.
Completed Projects/
PSD2 - Speeding up implementation of new EU payment directive
The project facilitated the implementation of a solution for sharing accounts and transactions between the banks Sbanken, Sparebanken Vest and Sparebanken Sogn og Fjordane. This was done in collaboration with TietoEVRY (tech) and PwC (legal), a year before it was required legally.
