The Danish Payments Council has published a report about non-banks in the payments market in Denmark and abroad. Non-banks comprise a wide range of firms, spanning from small fintech start-ups providing high-tech payment services to large, global firms deciding to include payments in their business area. Among other things the report concludes, that so far, non-banks have gained only a limited foothold in the payments market in Denmark, but especially some of the global firms has the greatest potential to become significant players in the Danish payments market. New Danish non-banks focus mainly on services linked to payments. This could e.g. be solutions to replace paper receipts and slips, digital checkout systems and e-invoices that are automatically read into the payer's ERP system.

'In brief' is the conclusion of the Danish Payments Council's report on non-banks in the payment market

The 1st half of 2016 saw a continuation of the economic progress that has characterised Denmark since 2013. Danmarks Nationalbank expects the gross domestic product (GDP) to grow by 0.9 per cent this year, rising to 1.5 and 1.8 per cent, respectively, in the next two years.

News from Danmarks Nationalbank: No house price bubble at the national level, but it's getting close in Copenhagen; Labour reserves among unemployed have been depleted.

In August 2016, the foreign-exchange reserve decreased by kr. 0.1 billion to kr. 449.8 billion.