Search results
Your search gave 31292 results.
Large payments take place via transfers
07/11/2019 -The picture is different if we instead look at the value of payments. In Sweden, total payments at an estimated value of almost four times the country’s GDP were made in 2018. Credit transfers make up almost all this value. It is mainly a...
First-generation cryptocurrencies do not work well as money
07/11/2019 -Cryptocurrencies have received a considerable amount of attention in recent years. The most well-known example is Bitcoin. Bitcoin advocates say that it can work as money and is particularly attractive for those who wish to make international...
Swedish payments are secure and efficient
07/11/2019 -Even if digital payments are simple and convenient, the development places new demands on security. The number of frauds with stolen card details or identities has increased, for example. Crimes linked to cash, such as bank or cash-in-transit...
Crimes linked to cash have fallen
07/11/2019 -As cash usage has fallen, the number of robberies aimed at stealing cash reported to the police has fallen sharply. This applies equally to bank robberies and to robberies of shops and cash-in-transit operations. Much of the reduction can...
Electronic payments create new risks
07/11/2019 -An electronic payment means, among other things, that sensitive information needs to be exchanged by the payee, for instance the card number and CCV code. If external parties gain access to sensitive information, this may sometimes be used to...
Payment services and anti-money laundering activities
07/11/2019 -The Anti-Money Laundering Act provides another reason it has become more difficult to deposit cash at bank offices. This Act forces payment service providers to prevent their payment service operations from being abused for money laundering...
Access to payment services has deteriorated for some
07/11/2019 -The transformation of the payment market facilitated by the new technology is mostly beneficial. However, for some groups, primarily those who cannot or do not wish to use digital payment services, it can now be difficult to pay in certain...
International payments need to be streamlined
07/11/2019 -Payments to the EU are largely as fast and cheap as domestic payments. The same is true of payments within the global card networks such as Visa and Mastercard. Other international payments, on the other hand, are both slower and more expensive.
Payments within the EU are relatively rapid and inexpensive
07/11/2019 -Implementing a payment between two individuals with accounts in different banks requires information and money to be exchanged between the banks. An infrastructure is required for this to take place in a rapid, secure and straightforward manner.
Payments to other countries are more complicated
07/11/2019 -Payments to other countries than neighbouring ones or the euro area are more complicated. This is because the Swedish banks do not have direct access to those countries’ payment infrastructures. The Swedish bank must then rely upon a network of...