Innovation Projects
Cluster members in NCE Finance Innovation engage in various collaborative projects, such as our ongoing projects: fraud detection and automated compliance reporting.
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 the we've completed:
Ongoing projects/
Detection 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 Data Scoring
Environmental, Social and Corporate Governance (ESG) cluster project initiated in 2021 with Quantfol.io, Sparebanken Vest and Sparebanken Sogn & Fjordane.
Read moreCompleted Projects/
PSD2 - Speeding up implementation of new EU payment directive for increased
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 cooperation with Evry (tech) and PwC (legal) a year before it was required legally.
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