> Transactions are still in batches, but the settlement between banks happens nett between the local banks. Same thing in Sweden, I believe. Cleared through Bankgirot. https://en.wikipedia.org/wiki/Bankgirot
Also comes down to Sweden having a "how do we fix this and make sure it never happens again" culture rather than a US-style blame culture. You can get fired in Sweden if you're grossly negligent or disloyal, but not for…
> Transactions are still in batches, but the settlement between banks happens nett between the local banks. Same thing in Sweden, I believe. Cleared through Bankgirot. https://en.wikipedia.org/wiki/Bankgirot
Also comes down to Sweden having a "how do we fix this and make sure it never happens again" culture rather than a US-style blame culture. You can get fired in Sweden if you're grossly negligent or disloyal, but not for…