Exploring the Regulatory Demands and Evolution of Payment Security Regulations for Digital Payment Platforms in Sweden

Abstract

This article discusses the compliance challenges faced by digital payment platforms in Sweden, including navigating a complex regulatory landscape, meeting stringent security standards, and ensuring data privacy. It examines the impact of technological innovations on payment security, such as biometric authentication and tokenization. The regulatory responses to emerging threats and technologies are explored, including updates to existing regulations and collaboration with industry stakeholders. The article also highlights future trends and challenges in payment security, such as continued technological advancements and the need for user education.