Sweden

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...

READ MORE >
Is Sweden Proof There Is Such A Thing As Too Much Digital Payment Success?
Is Sweden Proof There Is Such A Thing As Too Much Digital Payment Success?
May 31, 2019  |  Cash

Usually when we’re telling a story at PYMNTS about expectations for a product being radically divergent from its actual performance, it is a story about...

READ MORE >
Appeal Over Swedbank Money Laundering Complaint Is Denied In Sweden
Appeal Over Swedbank Money Laundering Complaint Is Denied In Sweden
May 15, 2019  |  Security & Fraud

The appeal of an investor who campaigns against corruption in the banking industry was rejected by Sweden on Wednesday (May 15), according to a report...

READ MORE >
Central Bank Asks Swedish Legislators To Review Concept Of Cash
Central Bank Asks Swedish Legislators To Review Concept Of Cash
April 29, 2019  |  Cash

Sweden’s central bank has asked the country’s lawmakers to define “the concept of legal tender,” and the role it plays in an increasingly digitized society,...

READ MORE >
Sweden’s Financial Regulator: ‘We Can Do More’ On Bank Oversight
Sweden’s Financial Regulator: ‘We Can Do More’ On Bank Oversight
March 07, 2019  |  Regulation

Sweden’s financial regulator, the Swedish Financial Supervisory Authority, said it needs to pick up its oversight of Swedish banks when it comes to money laundering....

READ MORE >
Sweden’s Cashless Drive Hits A Speed Bump
Sweden’s Cashless Drive Hits A Speed Bump
November 22, 2018  |  Digital Payments

In Sweden, the move to a cashless society has been marked by a quickened pace. Might there be speed bumps ahead, though? The New York Times...

READ MORE >
SWIFT Disconnects From Iran’s Banks
SWIFT Disconnects From Iran’s Banks
November 08, 2018  |  B2B Payments

SWIFT has given the nod to U.S. sanctions against Iran and cut off dozens of Iranian banks from the financial messaging service — leaving Iran...

READ MORE >
PayPal-iZettle Deal Probed By UK Regulators
PayPal-iZettle Deal Probed By UK Regulators
September 21, 2018  |  Partnerships / Acquisitions

As reported by the Financial Times on Friday (Sept. 21), the United Kingdom’s competition watchdog, the Competition and Markets Authority said, in what is known...

READ MORE >
Swedish Krona Continues To Fall Amid Other Currency Upheavals
Swedish Krona Continues To Fall Amid Other Currency Upheavals
August 29, 2018  |  International

The currency decline continues: The Swedish krona fell Wednesday (Aug. 29) against the euro, the fifth straight day that has happened. The decline comes amid...

READ MORE >