The Severiges Riksbank has started a study to research how it could integrate Sweden in the eurozone’s new instant payments system.
The Swedish central bank has already carried out a consultation with local market participants in June 2018 to get to know their views about the European system. “An overall assessment of the consultation responses is that Tips could be an interesting solution for the Swedish market,” says the central bank.
Increasing demand for online instant retail payments has
- Demonetisation backer becomes new RBI governor
- Kohn ‘deeply’ worried Fed might not have support to fight next crisis
- Central banks turn to visual communication in 2018
- Book notes: Macroprudential policy and practice, edited by Paul Mizen, Margarita Rubio and Philip Turner
- Indian governor resigns after conflict with government