Breaking News
Trustly Becomes First Payment Provider to Support Sweden’s Central Bank Instant Settlement System
Trustly, the global leader in Pay by Bank solutions, has announced that it will now support RIX INST, the instant settlement system of Sveriges Riksbank, the Swedish Central Bank, solidifying Trustly’s leading position in instant payouts.
Representing an important milestone for the company in its home market, Trustly will be the first third-party provider to support RIX INST-powered instant payouts and will now offer instant payout coverage for all Swedish banks and their customers.
The move is also a significant development for the broader Swedish payments ecosystem, removing barriers to offer merchants instant withdrawals and simplify payouts for users.
Merchants can now instantly refund and pay out to customers of leading Swedish banks – including ICA Banken, Länsförsäkringar, and Skandiabanken – while the change will also be a seamless experience for Trustly’s merchants, with no API changes required.
This latest enhancement to Trustly’s offering will be rolled out initially for its iGaming customers before expanding to other verticals.
Johan Tjärnberg, Group CEO of Trustly, commented: “This marks a significant milestone for Trustly and the Swedish payments ecosystem. Offering instant payouts has always been the core of what Trustly does, with our services already supporting broader schemes such as SEPA Inst across the Eurozone as well as local schemes such Straksoverførsel in Denmark. By now supporting RIX-INST, we have closed the final gaps in instant payouts in our home market, ensuring a faster and more reliable payment experience for businesses and consumers alike.”
The announcement follows the news earlier this year that Trustly-owned Ecospend retained the UK’s most significant open banking contract to date with HM Revenue and Customs (HMRC).
People In This Post
- GNOMI Launches the Only ‘Finance Mode’ with Real-Time Global Earnings Calls and Generative Market Intelligence Read more
- Cross River Launches Stablecoin Payments With Infrastructure to Power the Future of Onchain Finance Read more
- Tidalwave Raises $22M Series A, on Track to Reach 4% of U.S. Mortgage Market Read more
- Emerging Market Opportunities: The Next Billion Customers | Freemarket, Fincra and Axiym | FF Virtual Arena #358 Read more
- Inside Citi’s AI Playbook: Curated Data and Transparent Decisions Read more
GNOMI Launches the Only ‘Finance Mode’ with Real-Time Global Earnings Calls and Generative Market Intelligence
GNOMI, the AI platform redefining how people access and act on real-time information, today unveiled Finance Mode - the first agentic AI experience for live, multilingual global market coverage.
Cross River Launches Stablecoin Payments With Infrastructure to Power the Future of Onchain Finance
Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced the launch of its offering to power stablecoin payments*. Integrated directly with Cross River’s real-time core, COS, the offering unifies fiat and stablecoin flows through a single, interoperable system—enabling companies to move value across chains and traditional rails, leveraging bank-grade compliance.
Tidalwave Raises $22M Series A, on Track to Reach 4% of U.S. Mortgage Market
Tidalwave, an agentic AI-powered mortgage point-of-sale (POS) platform, today announced a $22 million Series A funding round led by Permanent Capital, with participation from D.R. Horton, Inc., the nation’s largest homebuilder, and a follow-on from Engineering Capital. This brings Tidalwave’s total funding to $24 million.
WFIS 2025 – Indonesia: Countdown to the Nation’s Most Influential Digital Finance Gathering Begins
Indonesia’s audacious on-going attempts to merge technology with finance – in all imaginable aspects – to mobilize a tech-driven, digital-first financial ecosystem has, by its best measures, enabled the nation to hit a trillion-dollar GDP mark this year – the highest in its economic history.
Eleos Life Launches AI Voice Agent to Deliver 24/7 Customer Support
Eleos Life is proud to announce the launch of its innovative AI voice agent, designed to provide instant, around-the-clock assistance
Revolut Completes Fundraising Process Establishing $75 Billion Valuation
Revolut, the global fintech leader with over 65 million customers worldwide, has today announced the completion of a share sale, valuing the company at $75 billion
Three in Four Shoppers Believe AI Advances Have Made Scams More Convincing, Fuelling Black Friday Fraud Fears
Ahead of Black Friday, the UK’s busiest retail event, new research shows that AI is making consumers more susceptible to purchase scams says Barclays
GNOMI Launches the Only ‘Finance Mode’ with Real-Time Global Earnings Calls and Generative Market Intelligence
GNOMI, the AI platform redefining how people access and act on real-time information, today unveiled Finance Mode - the first agentic AI experience for live, multilingual global market coverage.
Cross River Launches Stablecoin Payments With Infrastructure to Power the Future of Onchain Finance
Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced the launch of its offering to power stablecoin payments*. Integrated directly with Cross River’s real-time core, COS, the offering unifies fiat and stablecoin flows through a single, interoperable system—enabling companies to move value across chains and traditional rails, leveraging bank-grade compliance.
Tidalwave Raises $22M Series A, on Track to Reach 4% of U.S. Mortgage Market
Tidalwave, an agentic AI-powered mortgage point-of-sale (POS) platform, today announced a $22 million Series A funding round led by Permanent Capital, with participation from D.R. Horton, Inc., the nation’s largest homebuilder, and a follow-on from Engineering Capital. This brings Tidalwave’s total funding to $24 million.
Emerging Market Opportunities: The Next Billion Customers | Freemarket, Fincra and Axiym | FF Virtual Arena #358
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Inside Citi’s AI Playbook: Curated Data and Transparent Decisions
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
WFIS 2025 – Indonesia: Countdown to the Nation’s Most Influential Digital Finance Gathering Begins
Indonesia’s audacious on-going attempts to merge technology with finance – in all imaginable aspects – to mobilize a tech-driven, digital-first financial ecosystem has, by its best measures, enabled the nation to hit a trillion-dollar GDP mark this year – the highest in its economic history.
Eleos Life Launches AI Voice Agent to Deliver 24/7 Customer Support
Eleos Life is proud to announce the launch of its innovative AI voice agent, designed to provide instant, around-the-clock assistance