Envision a future where all the transactions are paperless. For some, it feels like utopia with less theft and more convenience, while others suggest more dystopian scenarios where all your money and assets can be taken away by an evil omnipresent government at any moment. While I, personally, believe truth lies somewhere in between, many […]
Several European countries are rushing to strengthen the resilience of their payment systems against any sabotage, striving to make card payments available to citizens even offline in case of internet outages.
The media reports that in Sweden, the Financial Supervisory Authority (FSA) has conducted an estimate of the risk assessment system currently used by Klarna and after that made critical remarks.
We all remember 2020 when the pandemic threat made contactless the new black. The fewer objects you touch, the less risk of infection. The payments industry was one of the most impacted sectors since cash was listed among the main virus transmitters. However, the world has rebounded from the Covid narratives and most economic sectors […]
The media reports that Klarna is currently assessing the interest of investors in buying existing shares of the company on the secondary market.
Swedish-based startup Greenely is closing an €8 million (about $8.7 million) Series A funding round.
Currently, the Swedish economic system is on an upward trajectory, but the pace of the corresponding positive process is minimal and in a negative sense does not meet the preliminary expectations of experts regarding the speed of this dynamic.
Microsoft on Monday, June 3, announced its intention to invest $3.2 billion to expand its cloud and artificial intelligence infrastructure in Sweden over two years.
The Swedish fintech company Klarna reported that its internal digital assistant, operating based on artificial intelligence, called Kiki, answers 2,000 questions from employees daily and has already generated information materials for more than 250,000 requests since June when the corresponding virtual product was launched.
The Swedish fintech company Brite Payments announced that it managed to raise investment funds in the amount of $60 million.
Swedish open banking startup Kreditz has announced that it has managed to attract investment funds for 10 million euros.
The new B2B business intelligence service enables Danske Bank business customers to check their customers’ creditworthiness and access the risks of non-payment
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