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Payments should work even in crisis and war
14/03/2024 -Payments should work even in crisis and war Since the beginning of 2023, the Riksbank has been responsible for ensuring that the public can continue to make payments in peacetime crisis situations and states of heightened alert. The Riksbank now...
Modernisation of the payment infrastructure necessary
14/03/2024 -Modernisation of the payment infrastructure necessary The Riksbank is working to modernise its payment system RIX. As a result, more payments can now go through RIX, which improves both security and efficiency. The Riksbank is also investigating...
Digital payments are more efficient than cash
07/11/2019 -Payments are efficient if it costs relatively little for society as a whole to implement them. Society’s costs include the payment intermediary's costs, such as costs for technical equipment, insurance, transportation and so on, but also other...
A digital complement to cash
07/11/2019 -For 350 years, Swedish society has relied on the Riksbank to provide the country with money in the shape of Swedish krona. However, for some time, Sweden has gained attention as having the greatest and fastest decline in cash worldwide. This...
Strengthening needed in the future
07/11/2019 -Households and companies are expected to demand instant payments to an ever greater degree and, eventually, new arrangements dimensioned for larger payment flows will probably be needed. In 2018, Swish was responsible for six per cent of the...
Government inquiry into the digital payment market
07/11/2019 -The Riksbank has submitted a proposal to the Riksdag to review the state’s role on the digital payment market. The Riksbank proposes a committee be appointed to investigate whether the Riksbank should have the possibility to issue an e-krona and...
The Riksbank is adapting to the digital world
07/11/2019 -The Riksbank is analysing the possibility of modernising the Riksbank’s money and system for rapid payments so that they are better adapted to a digital future. It is the Riksbank’s ambition that all payments will eventually go via the...
Prerequisites for payments during a heightened state of alert
07/11/2019 -The Riksbank’s position is that several prerequisites must be met in order for payments to function during a heightened state of alert. Among these, there should be a variety of alternative means of payment and a robust supply of electricity and...
Swish enables instantaneous payments
07/11/2019 -In today's digital society, it is possible to send information in seconds, but it can still take several days for a payment to reach its recipient. The mobile service Swish, which was introduced in 2012, makes it possible to send instant...
The Riksbank to participate in the Total Defence Exercise 2020
07/11/2019 -The Swedish Government has decided to reinforce Sweden's national defence capacity. As part of the efforts, the Total Defence Exercise 2020 (TFÖ 2020) will be held under the command of the Swedish Armed Forces and the Swedish Civil Contingencies...