Ninety percent of  Danish smartphone users have an app to be able to make payments and transfers via their cell phone.The app in question is Danske Bank's MobilePay, which is a success story that points the way for Denmark in its goal of reaching a cashless society.

Internet access is now the dominant factor in financial inclusion, overtaking other variables such as race or education levels in determining whether someone participates in the traditional banking system, BBVA Compass economists write in an op-ed posted Thursday on American Banker’s BankThink blog.

“Everledger is a digital, global ledger that tracks and protects items of value… and it’s on the blockchain.” Nearly seven months have passed since Everledger CEO and founder Leanne Kemp used this pitch to explain Everledger at the BBVA Open Talent 2015 Europe finals. After winning the European title of BBVA’s startup contest, Everledger has continued its hard work and achieved several major accomplishments, including moving into new areas like fine art and ethical supply chain finance – with more on the way. [Just as of last week, Everledger was included in the prestigious ranking The FinTech 50 of 2016]

Among mobile banking customers, Android users came out ahead of iOS users by 53% to 47%.

BBVA CEO Carlos Torres Vila explained the Group’s plans to support the fintech industry and promote innovation – two pillars of BBVA’s ambitious transformation process. In his address during this first edition of Money 20/20 Europe - the most important fintech event in the world - in Copenhagen, Carlos Torres Vila affirmed that “BBVA will play an even more prominent role in the innovation ecosystem thanks to our internal initiatives, strategic alliances with fintech players and the use of our platform, by building open APIs, as key drivers of growth.”

Mark Mullen, Atom’s CEO said: “This is the start of a remarkable transformation of the banking landscape for everyone. Atom aims to offer a genuine alternative to the traditional banks that dominate the UK banking landscape.  Our approach will be to constantly evolve and extend our offering, with monthly updates to our app and a dedication to providing a better value, greater transparency and a much more innovative banking experience.”