Rune Mai Rune Mai is the CEO and Co-Founder of the fast-growing open banking platform Nordic API Gateway and the leading money app, Spiir, which has more than 380,000 users in the Nordics. With more than 10 years of experience in the fintech field, Rune is one of the most influential voices in Nordic fintech. His vision is to create frictionless financial futures for millions of European consumers and businesses with seamless access to financial data and instant payments. With a purposeful drive of making money easier for everyone, Nordic API Gateway was developed to standardise the format of financial data and payments.
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Thought Leadership: Nordic API Gateway
Breaking The Monopoly On Payments About Nordic API Gateway Launched in 2018 and headquartered in Copenhagen, Nordic API Gateway is one of the leading open banking platforms in the Nordics, enabling major financial institutions, accounting system providers, the payments industry and other fintechs to transform the future of financial services. Through one API, Nordic API Gateway has simplified access to aggregated financial data with the most extensive coverage of both personal and business bank accounts in the Nordics. Nordic API Gateway currently empowers the financial innovation of industry-leading companies, such as Danske Bank, DNB, Jyske Bank, OP Financial Group, Pleo and others. nordicapigateway.com
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A recent report published by Nordic API Gateway found that over two-thirds of the decision-makers surveyed have already implemented changes into their organisation due to PSD2. At the top of the list of these changes: low-friction payment options being made available through third-party providers. In an interview regarding PSD2 and the new opportunities the EU has helped generate due to the directive, the European Commissioner for Competition, Danish politician Margrethe Vestager, was quoted as saying:
“The opportunities for innovative companies in smaller member states would not have been so far-reaching without the EU. PSD2 brings a fragmented market back together and, as such, opens for great possibilities for all. I think it’s so exciting that the monopoly on payments has been broken. I want to see even more innovative solutions in the market.”
