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The authorities are working to promote innovation
29/10/2020 -The Swedish Government sees Fintech as an important future sector and has given several government agencies the task of promoting it. On behalf of the Government, Finansinspektionen is therefore running the FI centre for innovation, which has...
Important to maintain non-digital means of payment
29/10/2020 -Cash services are being automated to an increasing degree. Manual cash services, in which cash can be withdrawn and deposited over the counter, are becoming increasingly rare at banks. Automated cash services work well for most consumers but for...
Paying by mobile or card is cheaper than using cash
29/10/2020 -Some costs are fixed and do not depend on how many payments have been carried out, such as rent for premises and purchases of hardware. Other costs are variable and depend on the number of payments, such as petrol for the vans that transport...
All payments presuppose an underlying infrastructure
29/10/2020 -For cash to be used in society, an underlying infrastructure is required in the form of ATMs, service boxes for daily takings, transport vans and secure premises for the storage of cash, for example. When paper-based credit transfers are used,...
Card payments function smoothly
29/10/2020 -Overall, card-based cross-currency payments function smoothly, both for online purchases and when abroad. However, unlike when making payments in Swedish kronor, an exchange rate markup must be paid to the bank. In addition, card payments cannot...
Auction results 2021-08-10
10/08/2021 -Auction results of Riksbank certificate sale Auction Auction results Auction date 2021-08-10 Start date 2021-08-11 Maturity date 2021-08-18 Interest rate, % 0.00 Offered volume, SEK bn 507 Total bid amount, SEK bn 2358.6 Accepted...
Auction result 2021-06-29
29/06/2021 -Auction results of Riksbank certificate sale Auction Auction results Auction date 2021-06-29 Start date 2021-06-30 Maturity date 2021-07-07 Interest rate, % 0.00 Offered volume, SEK bn 491.0 Total bid amount, SEK bn 2235.7 Accepted...
Auction result 2021-07-27
27/07/2021 -Auction results of Riksbank certificate sale Auction Auction results Auction date 2021-07-27 Start date 2021-07-28 Maturity date 2021-08-04 Interest rate, % 0.00 Offered volume, SEK bn 505.0 Total bid amount, SEK bn 2267.6 Accepted...
Auction result 2021-07-20
20/07/2021 -Auction results of Riksbank certificate sale Auction Auction results Auction date 2021-07-20 Start date 2021-07-21 Maturity date 2021-07-28 Interest rate, % 0.00 Offered volume, SEK bn 505.0 Total bid amount, SEK bn 2180.4 Accepted...
Swish fraud occurs
29/10/2020 -As Swish has become increasingly established as a payment service, it has also become increasingly common for Swish to be used in fraudulent advertising and phone fraud. The police also report that Swish has been used in money laundering with...