Sweden

Sweden’s Central Bank Floats E-Krona As Digital Currency
Sweden’s Central Bank Floats E-Krona As Digital Currency
February 21, 2020  |  B2B Payments

Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the...

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Swedish Open Banking Startup Tink Closes €90M Funding Deal
Swedish Open Banking Startup Tink Closes €90M Funding Deal
January 20, 2020  |  Fintech Investments

Sweden’s open banking platform Tink raised €90 million in an investment round co-led by Dawn Capital, HMI Capital and Insight Partners, Tink announced on Monday...

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Swedish Regulator Investigating SEB Over AML Issues 
Swedish Regulator Investigating SEB Over AML Issues 
December 18, 2019  |  AML

A Swedish regulator has opened an investigation into SEB, one of Sweden’s largest banks, over an increasingly volatile money-laundering scandal that has adversely affected the...

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Bitcoin Daily: BitPay Announces Stablecoin Payment Support, Amun Allowed To Provide Crypto-ETPs
Bitcoin Daily: BitPay Announces Stablecoin Payment Support, Amun Allowed To Provide Crypto-ETPs
December 11, 2019  |  Bitcoin

Blockchain payment service company Bitpay announced Tuesday (Dec. 10) the introduction of stablecoin payments for both users and merchants, according to a release.  The company...

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Swedish Bank SEB Shares Tumble On Money Laundering Inquiry
Swedish Bank SEB Shares Tumble On Money Laundering Inquiry
November 15, 2019  |  Security & Fraud

Shares in Swedish bank SEB fell on Friday (Nov. 15) over news that it might soon be embroiled in a money-laundering scandal, which has also...

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Neobank Northmill Gets Swedish Banking License
Neobank Northmill Gets Swedish Banking License
September 13, 2019  |  Digital Banking

The FinTech Northmill, which offers cloud-based financial services, was awarded a banking license from the Swedish Financial Supervisory Authority (SFSA) on Friday (Sept. 13), according...

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Deep Dive: The Benefits Of Digital Identity In Banking And The Gig Economy
Deep Dive: The Benefits Of Digital Identity In Banking And The Gig Economy
September 10, 2019  |  Authentication

The digital identity verification market is projected to reach $12.8 billion by 2024, despite the fact that digital IDs are still largely underused in the...

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Swedish Watchdog To Publish Results Of Swedbank Probe In 2020
Swedish Watchdog To Publish Results Of Swedbank Probe In 2020
August 23, 2019  |  AML

There won’t be any answers until next year regarding the ongoing investigation of the Swedish Financial Supervisory Authority (FSA) and money laundering in the Baltics,...

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Swish Teams With Nets To Test In-Store Mobile Payments
Swish Teams With Nets To Test In-Store Mobile Payments
July 03, 2019  |  Partnerships / Acquisitions

Payments company Nets announced that it is partnering with Swish, the number one payments app in Sweden, on an in-store payments pilot program. The program...

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