Founded in 1959, Bankgirot is owned by a consortium of leading local banks, and has a long-standing working relationship with Riksbanken, Sweden’s central bank. Although Bankgirot’s original overnight batch processing technology served it well, by 2009 there was a growing demand in Sweden for a faster personal payment mechanism. With countries in Europe and elsewhere moving towards intra-day payments, Bankgirot set out to create an amb

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