Sweden's central bank says it plans to join the ECB's Target Instant Payment Settlement (TIPS) system to bring 24/7 real-time payments to the country by 2021.
Sweden's central bank is pushing ahead with plans to build a technical framework for the issuance of a new electronic currency, the e-krona.
An infrastructure for the settlement of instant payments will become an increasingly important element of the payment landscape.
Intellect Design Arena Ltd, a digital technology product provider across Banking and Insurance, announced the successful rollout of Intellect’s Quantum Collateral Management Solution at Sveriges Riksbank, the oldest Central Bank in the World.
While other central banks ruminate on ways to replace cash with digital currencies, Sweden's Riksbank is kicking against the grain with calls for access to cash to be a legal right.
The Swedish central bank examines the impact of virtual currencies on the retail payments market.
Polaris Financial Technology Ltd, a leader in the global Financial Services industry, today announced that Sweden's central bank, Sveriges Riksbank, the oldest central bank in the world, has chosen to implement Polaris' Intellect® Quantum Collateral Management System (QCMS).
The Governing Council of the European Central Bank (ECB) today appointed members of the T2S Programme Board, which will ensure the successful and timely completion of the TARGET2-Securities (T2S) programme in 2013.
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