7 December 2022
We’ve made changes to the confirmation of partial payment to credit cards. The changes are part of action we’re taking to increase security in the payment confirmation process and involve replacing security numbers with strong customer authentication (SCA).
- When you use online banking to make a partial payment to a credit card that is not registered to you, you’ll need to confirm the payment using SCA instead of a security number. SCA refers to authentication with electronic ID or the Auðkenni app.
- When you use online banking to make a partial payment to your own credit card, neither SCA nor a security number is required. This is because you’ve already logged in to online banking using SCA. As a result, the security requirements are less stringent for transfers to own credit cards or bank accounts.
We’d also like to make you aware that similar changes will soon be made to domestic and international payments, both in the app and online banking. In addition to SCA with electronic ID and the Auðkenni app, you’ll also be able to use biometrics.
You may also be interested in
4 June 2025
Fintech company YAY and Landsbankinn have come together to create a new company, Yayland ehf., which will specialise in the development, sale, issuance and operation of both digital and physical prepaid cards, gift certificates and loyalty cards. Yayland will take over the entire gift card operation of YAY in Iceland as well as all issuance and operation of prepaid cards for Landsbankinn.
3 June 2025
Landsbankinn awarded sixteen talented students with scholarships from the Bank’s Community Fund on 28 May. This was the 36th allocation of scholarships which amount in total to ISK 8 million. Over 450 applications were received this year.
26 May 2025
Holtaskóli has emerged as the winner of Skólahreysti 2025 and is the Skólahreysti champion! The exciting final competition between 12 schools took place before a packed auditorium at the sports hall Varmá in Mosfellsbær, Saturday 24 May.
23 May 2025
Landsbankinn changes deposit and lending rates and the new interest rate tariff enters into effect on 3 June 2025.
16 May 2025
Landsbankinn Corporate Finance acted as an independent financial advisor to the Icelandic government and supervised the marketed public offering of the State’s remaining shareholding in Íslandsbanki, a sizeable and well-organised project that garnered significant attention from investors.
16 May 2025
Landsbankinn advertises for sale its buildings at Austurstræti 11 and Hafnarstræti 10, 12 and 14 in Reykjavík. The combined size of the buildings is 5,836 square metres, including 1,380 square metres of basement area. The buildings will be sold as one lot.
28 April 2025
S&P Global Ratings has today announced an upgrade of Landsbankinn’s long-term credit rating from BBB+ to A-. This is the highest the Bank’s credit rating has been since 2014, when S&P started issuing ratings for the Bank.
16 April 2025
Landsbankinn’s branches and service centres will as usual be closed over Easter and open again on Tuesday, 22 April.
9 April 2025
Landsbankinn Economic Research today published its economic forecast to 2027. Economic Research forecasts 1.4% economic growth this year and 2.1% next year. Rarely has uncertainty been greater and the forecast can be said to hold until further notice.
8 April 2025
The atmosphere was exciting and the house packed at Landsbankinn’s DesignMarch event on Friday, 4 April. The event began with a discussion about funding and design, and in the evening, young fashion designers took over the stage.