Sweden

Swedish Court Fines Klarna $733,324 for Flaws in Privacy Notice

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  |  Legal & 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  |  Cybersecurity

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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Online Sellers Demanding Real-Time, Unified View of Sales From Payments Services Providers
Online Sellers Demanding Real-Time, Unified View of Sales From Payments Services Providers
May 05, 2023  |  eCommerce

Despite advancements in eCommerce technology, businesses that operate in digital commerce, particularly those with multiple storefronts, still lack a complete and unified multi-platform overview of...

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Amazon Enables Sellers to Add 9 European Stores
Amazon Enables Sellers to Add 9 European Stores
April 19, 2023  |  Retail

Amazon now enables sellers to expand their business more quickly to its nine European stores. The new European Expansion Accelerator allows sellers who already sell in at least...

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