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In 2022, Bank-id had about 8.4 million active users and was supported by over 6000 web services. [1] Only individuals with a Swedish personal identity number can acquire Bank-id. Bank-id has existed in following variations: Bank-id on file (on computer) Bank-id on card (connected to a token device) Mobile Bank-id (mobile based implementation)
The token is a reference (i.e. identifier) that maps back to the sensitive data through a tokenization system. The mapping from original data to a token uses methods that render tokens infeasible to reverse in the absence of the tokenization system, for example using tokens created from random numbers. [3]
A security token is a peripheral device used to gain access to an electronically restricted resource. The token is used in addition to, or in place of, a password . [ 1 ] Examples of security tokens include wireless key cards used to open locked doors, a banking token used as a digital authenticator for signing in to online banking , or signing ...
In 2001, a deal to merge Swedbank (then FSB) with SEB failed as the European Commission thought that the merged company would have had too dominant a position in the Swedish banking market. Today, Swedbank has 7 million private customers and 555 000 corporate customers. Swedbank is the largest bank in both Estonia and Latvia. [7]
In computer systems, an access token contains the security credentials for a login session and identifies the user, the user's groups, the user's privileges, and, in some cases, a particular application. In some instances, one may be asked to enter an access token (e.g. 40 random characters) rather than the usual password (it therefore should ...
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
In Denmark, Finland, Norway, Germany, and the United Kingdom, the bank's operations are focused on corporate and investment banking services to corporate and institutional clients. The bank was founded in 1972 by the Swedish Wallenberg family , which is still SEB's largest shareholder through major investment company Investor AB .
In December 2007, the company was headed by a new foreign investor from the Swedbank Group and the bank was renamed as Swedbank Invest. [8] [9] In 2009, the form of ownership and the name of the bank was changed to PJSC Swedbank. [10] [11] In 2013, the Swedbank Group decided to exit the financial market of Ukraine.