Tagged: riksbank

October 17, 2026 @ 8:25 pm By Omar Faridi  |  

Sweden’s central bank has formally asked lawmakers to begin preparatory work on legislation that could enable a digital version of the krona, citing rapid changes in the payments landscape driven in part by the European Central Bank’s advancing it central bank digital currency (CBDC) project…. Read More

December 6, 2025 @ 5:00 pm By Omar Faridi  |  

Digitalization and geopolitical tensions are now increasingly said to be shaping developments in the payments market, according to an update from Sweden’s Riksbank. Blockchain / distributed ledger technology (DLT) and the tokenization of various assets are now creating both new opportunities and potential risks. The… Read More

October 13, 2025 @ 3:33 pm By Omar Faridi  |  

Sweden’s Riksbank as well as key representatives from the payment market have reportedly reached an agreement in order to increase the possibility to make offline card payments for essential goods. According to the latest update from the Riksbank, the agreement is considered to be a… Read More

September 13, 2025 @ 2:12 pm By Omar Faridi  |  

Central banks are grappling with transformative challenges, from liquidity management to the integration of artificial intelligence (AI) and the implications of global trade shifts. Updates from the Riksbank, Sweden’s central bank, and the Bank for International Settlements (BIS) highlight critical developments that underscore the need… Read More

July 7, 2025 @ 9:08 pm By Omar Faridi  |  

Sweden’s central bank, Sveriges Riksbank, has introduced significant initiatives to strengthen its financial systems and enhance monetary policy communication. These updates reflect the Riksbank’s commitment to resilience, transparency, and adaptability in a rapidly evolving global economic ecosystem. This month, the Riksbank proposed new regulations requiring… Read More

July 1, 2025 @ 2:24 am By Omar Faridi  |  

In a fast-evolving global economic landscape, Sweden’s central bank, Sveriges Riksbank, has taken steps to adapt its strategies to ensure economic stability and effective monetary policy. Recent developments highlight the Riksbank’s proactive approach: a speech by First Deputy Governor Anna Breman on innovative monetary policy… Read More

June 16, 2025 @ 9:55 am By Omar Faridi  |  

Sweden’s central bank, the Riksbank, has been navigating a challenging economic landscape in 2025, as outlined in recent updates. From a gloomy business survey to new monetary policy measures and reflections on communication strategies, the Riksbank’s actions reflect a cautious approach to stabilizing Sweden’s economy… Read More

April 3, 2025 @ 8:05 am By Omar Faridi  |  

Sweden’s central bank, the Riksbank, is embracing a transformative shift in economic forecasting, as recent findings from its Monetary Policy Department reveal that artificial intelligence (AI)-based models are outperforming traditional time series models in predicting Swedish GDP and inflation. This development marks a significant leap… Read More

March 9, 2025 @ 11:27 pm By Omar Faridi  |  

On March 3, 2025, Sweden’s central bank, Sveriges Riksbank, released its latest Business Survey titled “No Strong Wind in Our Sails,” revealing a somewhat disappointing state of the Swedish economy. But this is largely consistent across Europe and even across the globe due to growing… Read More

November 21, 2024 @ 7:15 am By Omar Faridi  |  

Riksbank noted that Sweden needs to modernize its infrastructure and create processes for more secure, efficient as well as accessible retail payments. As noted in the update from Riksbank, these are payments of smaller amounts and a collective term for payments between “private individuals, companies… Read More

October 23, 2024 @ 7:25 am By Omar Faridi  |  

A new European initiative has now been introduced in order to improve instant payments between different currencies. The European Central Bank (ECB) is now launching an initiative aimed at making it easier for companies to develop services for making instant payments between different currencies. Initially,… Read More

July 1, 2024 @ 9:08 am By Omar Faridi  |  

Mats Eklund has been announced as the new Head of Information Technology and Digitalization Department at Riksbank. The Executive Board of the Riksbank has reportedly appointed Mats Eklund new Head of the Information Technology and Digitalization Department. Mats comes most recently from “a position as… Read More

June 3, 2024 @ 3:12 pm By Omar Faridi  |  

Lower inflation and expectations of interest-rate cuts on global financial markets have helped loosen financial conditions, which has reduced near-term risks, according to an update from Sweden’s Riksbank. However, Riksbank points out that there “is considerable uncertainty, and if policy rates remain high for a… Read More

March 17, 2024 @ 11:53 pm By Omar Faridi  |  

The digitalization of the Swedish payments market has contributed to faster, smoother and more efficient payments, according to a research report from Riksbank. But this development has also brought a number of challenges. Several groups in society “experience digital and financial exclusion, and there are… Read More

May 31, 2021 @ 7:59 am By Omar Faridi  |  

Sweden’s reserve bank will reportedly be working cooperatively with commercial lender Handelsbanken in order to test out how the nation’s proposed digital currency, the e-krona,  may handle payments in the real world, the Riksbank revealed on Friday (May 28, 2021). Reserve banks across the globe… Read More

June 26, 2020 @ 7:25 am By Omar Faridi  |  

In February 2020, Sweden began piloting an electronic version of its national currency, the e-krona. The European nation’s government had confirmed at that time that the e-krona was a step closer to its official launch as a central bank digital currency (CBDC). Riksbank, the central… Read More

February 21, 2020 @ 8:05 am By Omar Faridi  |  

Sweden has reportedly begun piloting an electronic version of its national currency, the krona. The European nation’s government says that the e-krona is a step closer to its official launch as a central bank digital currency (CBDC). The testing of the country’s CBDC will go… Read More

December 16, 2019 @ 7:51 am By Omar Faridi  |  

The central bank of Sweden, the Riksbank, is responsible for promoting the development and maintenance of an efficient and secure payment system. The reserve bank acknowledges that this task may become more challenging if cash is no longer widely accepted as a means of payment… Read More

January 9, 2019 @ 2:37 pm By Cali Haan  |  

The Riksbank of Sweden has issued a warning to the public that, “On certain websites and in social media, false information is circulating claiming that the Riksbank is selling e-kronas.” The Riksbank also says it has been contacted by individuals saying they have been solicited… Read More

January 25, 2017 @ 1:22 pm By JD Alois  |  

The 2017 World Economic Forum held in Davos, Switzerland last week, will soon become a distant memory as participants and observers jet back to their day jobs. But one of the interesting topics tackled as the seminal gathering was the emerging environment of financial innovation… Read More