SWEFINTECH ON SVT ABOUT LACK OF COMPETITION IN INSTANT PAYMENTS
- Roslana Cederhage
- May 26
- 1 min read
SweFinTech comments on recent disruption attacks against Swish and Bank-ID on SVT Rapport, highlighting the need for greater competition in instant payments to provide alternatives for consumers and businesses when Swish is down.
The Riksbank has opened the door for more payments, beyond Swish, to be settled instantly. However, the major banks continue to hesitate when it comes to connecting to the system.
“For anything to change, the banks need to allow their account holders to choose other options. When they don’t, nothing happens,” says Roslana Cederhage, Secretary General at SweFinTech.
The segment aired on Rapport at 7:30 PM yesterday (the segment begins after 15 minutes). You can find the link to the full Rapport broadcast as well as a shorter news clip below:
Watch the full segment in Rapport: https://www.svtplay.se/video/86dYE1J/rapport/igar-19-30?video=visa&position=915
Watch the shorter news clip here: https://www.svt.se/nyheter/ekonomi/bank-id-och-swishs-dominans-ifragasatts-efter-storningsattacker
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