Sweden

New Data Shows Real-Time Payments Continue Rapid Global Advance
New Data Shows Real-Time Payments Continue Rapid Global Advance
April 05, 2024  |  News

Real-time payments continue to gain global momentum in 2024. Two new national players joined the scene in March, and others are introducing significant advancements to...

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Sweden’s Central Bank Proposes Rules to Facilitate Use of Cash
Sweden’s Central Bank Proposes Rules to Facilitate Use of Cash
March 14, 2024  |  Cash

Sweden’s central bank, the Riksbank, has proposed several measures to make it easier to pay with cash or digital payments. The central bank also called...

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Cash Secures Future as Lawmakers Prioritize Inclusive Payment Methods
Cash Secures Future as Lawmakers Prioritize Inclusive Payment Methods
March 12, 2024  |  Cash

The recent move by Norway to enact rules ensuring consumers’ ability to pay with cash reflects a growing concern over the potential exclusion of certain...

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Swedish Court Fines Klarna $733,324 for Flaws in Privacy Notice
Swedish Court Fines Klarna $733,324 for Flaws in Privacy Notice
March 11, 2024  |  Regulation

Klarna has reportedly been fined 7.5 million Swedish crowns ($733,324) after a Swedish court ruled that the company violated the European Union’s (EU) General Data...

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Swedish Lenders Shore Up Defenses Against Fraud
Swedish Lenders Shore Up Defenses Against Fraud
February 13, 2024  |  Security & Fraud

Amid growing fraud attacks by organized crime rings, Swedish lenders are moving to adjust product offerings and increase surveillance. Fraud has grown to become the...

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Klarna Avoids Strike Following Agreement With Swedish Unions
Klarna Avoids Strike Following Agreement With Swedish Unions
November 06, 2023  |  Personnel

Klarna has reached an accord with its union workers as it apparently prepares to go public. The two unions — Engineers of Sweden and Unionen...

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Real-Time Payments Taking Hold From South Africa to Sweden
Real-Time Payments Taking Hold From South Africa to Sweden
August 01, 2023  |  Real-Time Payments

The real-time payments landscape is constantly changing. Growth in adoption and transaction volume has been measured across the continents. With the U.S. Federal Reserve’s launch...

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HealthTech Firm Neko, Co-Founded by Spotify CEO, Raises $65 Million
HealthTech Firm Neko, Co-Founded by Spotify CEO, Raises $65 Million
July 05, 2023  |  Investments

Swedish medical diagnostics company Neko Health has raised 60 million euros (about $65 million) to expand beyond its borders. The company, co-founded by Spotify CEO Daniel Ek, announced the Series...

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Froda Launches Embedded Lending Solution for Small Businesses in Denmark
Froda Launches Embedded Lending Solution for Small Businesses in Denmark
June 20, 2023  |  SMBs

Swedish FinTech Froda has launched a card-based embedded lending solution in Denmark. Developed in partnership with digital challenger bank Lunar and Visa, this offering was successfully tested in Denmark during the spring...

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