Sweden

Klarna and Nets Team on BNPL for Nordic eCommerce Merchants
Klarna and Nets Team on BNPL for Nordic eCommerce Merchants
May 15, 2024  |  Buy Now Pay Later

Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can...

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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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