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A trial of central bank digital currency in Sweden is to be extended for another year to 2021, in a bid to better understand the benefits and implications of a wider roll-out.
CBDC, central bank digital currency, Sweden, digital krona, Accenture, Riksbank, central bank
Sweden-based challenger Northmill Bank has raised around USD 30 million in new funding.
Northmill Bank, fuding, Sweden, incumbent banks, banking license, digital banking
VOPY, Zwipe Pay ONE, Zwipe, biometrics, payment cards, partnership, Sweden, financial services, financial institutions
Sweden-based Zwapgrid, a cloud service interconnecting business support systems, has launched a tool aimed to streamline app communication for finance, ecommerce, and payments
Zwapgrid, product launch, Sweden, Internet of Systems, internet of things, IOT, ecommerce, online payments, Sweden Europe
Trustly, IPO, payments , Europe, Sweden, initial public offering, Sweden, Spain, Malta, Germany, UK, funding round, BlackRock, Investment Corporation of Dubai, Aberdeen Standard Investments, Neuberger Berman
Sweden-based startup Minna Technologies, a company helping bank customers to manage personal subscriptions within their banking app, has secured funding of EUR 15.5 million.
Minna, fintech, Sweden, mobile banking, digital banking, global baning, bank subscriptions, banking app
Fingerprints Cards, Rocker, biometrics, contactless, payment card, challenger bank, product launch, Sweden
Amazon has announced the launch of its website in Sweden.
Amazon, Sweden, ecommerce, shopping app, Electrolux, Lagerhaus
European Central Bank (ECB), in collaboration with Sveriges Riksbank, has announced it is launching an investigation into how the platform could support low-cost instant cross-currency transactions.
ECB, European Central Bank, tips, Target Instant Payment Settlement, instant payments, Sweden, Europe, digital payments, real-time low cost payments, merchant payments, ecommerce, consumer goods payments
Tink , Lydia, Open Banking, Europe, Sweden, France, mobile payments, app, PSD2, APIs, account aggregation, payment initiation, Lydia app, banks, bank transfers
Sweden, Loomis, Loomis Pay, payment platform, merchants, payment suppliers, Denmark
Amazon, launch, Amazon Sweden, Sweden, Europe, online shopping, ecommerce
Ecommerce Region Report, ecommerce, research, report, Europe, online shoppers, Romania, Bulgaria, Spain, Belgium, Ireland, Austria, Iceland, UK, Denmark, Germany, The Netherlands, Sweden, foreign ecommerce, national ecommerce, Poland, Malta, Cyprus
Fidesmo, Mondaine, Sweden, launch, wearable payments, Europe, contactless payments, cards, Fidesmo Pay
Datema, Sweden, EasyShop, mobile payments, scan and pay, Coop, Norway, Nordics, Russia, Germany, The Netherlands, UK, Italy, Baltics, shopping lists, point of sale, POS, retailers, contactless payments
PayPal, Canada, contactless payments, mobile payments, QR code, transaction fees, merchants, coronavirus, Australia, Austria, Belgium, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Ireland, Italy, Latvia, Luxembourg, Malta, Netherlands, Portugal, Slovenia, Slovakia, Sweden, Switzerland, Spain, United Kingdom, United States.
Sweden-based fintech Trustly has raised a new round of funding from a group of investors lead by US-based investment management corporation BlackRock.
Trustly, BlackRock, funding round, online payments, Sweden, online banking payments, Europe, US, investment management, funding
Stripe, Europe, checkouts, ecommerce, ecommerce checkouts, checkout process, UK, France, Germany, The Netherlands, Spain, Italy, Sweden, card number verification, mobile wallets, iDeal, eps, P24, Bancontact
Klarna, US, VIBE, buy now pay later, gift cards, retailers, Starbucks, Sephora, Foot Locker, Uber, Germany, Sweden, UK, Australia, Split Payments, rewards programme, Klarna Ghost card, single-use virtual card, cards, ecommerce
Russia, banks, Sherbank, cards, ATMs, blockchain, graphic cards, Bitcoin, BTC, BTM, banks, DLT, China, loan, SMBs, Sweden, France, CBDC