Bank
the Efta surveillance authority (ESA) suspect an infringement of the EEA competition rules, and opens a formal case against the DNB, Nordea, Finance Norway and the bank id.
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the AUTHORITY shall investigate whether these members of the banking industry has broken kartellforbudet through to enter into any agreement, participate in decisions or aligning practice to close the new e-payment services from the the Norwegian market.
the Background for the Authority’s investigation against Finance Uk, bank id Norway AS and certain banks in Norway is a complaint from the international betalingsaktøren Trustly Group AB.
The Swedish betalingsaktøren Trustly Group AB established in collaboration with Western Union a payment service in 2014 which made possible the direct debit of a bank account by use of the customer’s bank id.
the Solution was considered to be in conflict with the bank id-the regulations and legal requirements because Trustly be able to get the knowledge to the Norwegian customers ‘ personal login details. DNB, and several other banks, blocked therefore this access for security reasons, write DNB in a press release.
“the Decision to open a formal case does not mean that the AUTHORITY already has concluded, or pre-empt what the outcome of the investigation is. It means only that the AUTHORITY shall make a thorough investigation”, says Frank J. Büchel, the Authority’s kollegiemedlem with responsibility for the conduct of competition proceedings in a press release.
for security reasons, you claim DNB
DNB, explains in a press release that the background for that it will open a formal case is that the DNB and other banks blocked the Swedish betalingsaktøren Trusty Group ABs access to bank id for security reasons.
- the bank id is the most important sikkerhetselementet for Norwegian bank customers, regardless of which bank customers use. Bank id is also used for other samfunnsviktige services and for the treatment of sensitive information. We are looking forward to shed light on this matter and our judgements in dialogue with the AUTHORITY. Of course, we will assist the AUTHORITY with all the documentation they need from our side, ” says executive vice president Thomas Midteide in DNB.
Nordea will collaborate with ESA
Officer Christian Steffensen at Nordea, says that Nordea is well known that the AUTHORITY open a tilssynsak related to the complaint from the Trustly Group AB regarding the alleged obstacles to market access in Norway.
– the Decision to open the case is a pure procedural decision, and indicates nothing with regard to the outcome of the case. We will continue to cooperate with the AUTHORITY and deliver the information and documentation the AUTHORITY is requesting in his work, ” says Steffensen.
Trustly claims that the Norwegian consumers do not get access to a new payment service that is available in most other EEA-countries, writes Finans Norway in a press release.
In this case, it is speaking about the so-called betalingsinitieringstjenester where customers caters to the complainant who then initiates the transaction from the customer’s bank account. By the use of secure logon, this happens by having the customer enter their password and codes to the complaints which then goes into the customer’s bank initiates the payment from the customer’s account. This makes that the complainant also will be able to see the entire customer relationship in the bank, it says in the message.
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