Tietoevry Banking, a leading provider of software solutions to Nordic banks and card issuers, reports a dramatic increase in fraud attempts linked to fake online stores during this year’s Black Week. Transactions worth SEK 75 million were blocked in Sweden and Norway during Black Week, marking an 11% increase compared to 2023. Over the course of November, the number of detected cases rose by 38% compared to the previous year, with a total of over SEK 220 million in fraud prevented during the month.
Tietoevry Tech Services is pleased to announce that it has achieved the Ready Tier level in the 2025 Microsoft Copilot Jumpstart Partner Initiative. This milestone is the result of Tietoevry Tech Services' focus on strengthening its comprehensive data and AI capabilities, human centric GenAI solutions and full lifecycle approach to AI implementations.
With Black Friday and the holiday shopping season upon us, Tietoevry Banking are noticing an increase in fraud attempts, especially linked to fake e-commerce websites. Fraud levels are projected to rise as more people shop online during the shopping season’s busiest days. So far in 2024, Tietoevry Banking’s defense center have stopped attempted fraud valued at nearly NOK 4 billion across Norway and Sweden, with a significant portion of these linked to fake online stores.
Caljan, a global leader in telescopic conveyors, has partnered with Tietoevry Tech Services to implement Microsoft Dynamics 365 as their new solution.
Oslo, Norway — Tietoevry Banking has released its latest annual report, The Future of Corporate Cash Management 2024, unveiling insights into the evolving dynamics of cash management within the corporate banking landscape. Capturing perspectives from finance and treasury professionals across the globe, the survey spotlights trends defining modern treasury management, with real-time cash visibility emerging as a top priority. For many multinational corporations, managing cash across complex, multi-country operations remains a challenge, with 60% of corporates citing difficulties in maintaining an accurate, immediate view of their cash positions.
Inter Pacific Paper Company Limited in Thailand, a part of the Inter Group Packaging, has chosen Tietoevry to execute a digital business transformation program for their board business operations. The modernization is based on the TIPS Industry Solutions and Services (TIPS), a Manufacturing Execution System (MES) designed for the pulp, paper, fibre, board, tissue, nonwoven and packaging industries.
Lowell, one of the largest credit management companies in Europe, has signed a 3-year extension of its contract with Tietoevry Banking for Collection Suite Nova, the market leading end-to-end collection solution driving growth.