Category : Switzerland

12 Winning Initiatives of Zurich Insurance Innovation Championship 2023

From submission to winner and now local execution – with the chance to be scaled globally. That’s the action-packed journey that this year’s Zurich Innovation Championship winners have undertaken over the past nine months. Zurich Insurance Group held...

Zuger Kantonalbank Launches Crypto Asset Trading and Storage

The first cantonal bank to offer clients straightforward trading and secure storage of the most common cryptocurrencies. The offering complements its existing investment services and is delivered within a fully regulated banking environment. As of to...

UBS Asset Management Launches First Blockchain-Native Tokenized VCC Fund Pilot in Singapore

UBS Asset Management has launched its first live pilot of a tokenized Variable Capital Company (VCC) fund. The fund is part of a wider VCC umbrella designed to bring various “real world assets” on-chain as part of Project Guardian, a collaborative in...

New Study Sheds Light on Crypto’s Super-Rich

Over the past decade, the rise of cryptocurrency has created a new class of millionaires and billionaires. The early adopters, investors, business founders, and more broadly, those who bought in early and held onto their investments, became extremely...

US VC Investments Show Signs of Stabilization

After 18 months of decline, the US venture capital (VC) investment landscape is showing signs of stabilization and returning to 2019-2020 levels, new data released by Silicon Valley Bank (SVB) show. In H2 2022 and H1 2023, VC investments in US compan...

Banking is Becoming Byte-Sized with Rise of Embedded Finance

Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact study, commissioned by Temenos, which surveyed 300 ba...

Hypi Lenzburg Joins SIX Digital Exchange

SDX, operator of a Swiss stock exchange and CSD using distributed ledger technology, welcomes Hypothekarbank Lenzburg as a new member on its Central Securities Depository (CSD). Joining SDX’s CSD marks a milestone for Hypothekarbank Lenzburg on its p...

Jumio Recognized as Representative Vendor for Identity Verification by Gartner

Jumio, a provider of identity verification solutions, has been recognized as a Representative Vendor in the latest Gartner Market Guide for Identity Verification. This is the fifth consecutive year that Jumio has received this recognition. Vendors ar...

Payment Incumbents Ramp up B2B Payment Innovation Efforts

Innovation in consumer payments has progressed tremendously over the past years, pushed by demand for more efficient and secure methods of paying for goods and services both online and cashlessly. But while digitalization has flourished in the consum...

SAP Fioneer Launches ESG Software to Help Financial Institutions Mitigate Growing Regulatory Risks

SAP Fioneer has launched its first software solution for ESG data orchestration and calculation for portfolio and single exposure KPI. The solution not only plugs the data gap banks and insurers need to remain ESG compliant, but also enables them to...

Microsoft Deepens Partnership with Finastra to Help Banks Modernize Trade

Financial services software and cloud solutions provider Finastra have entered into a multi-year global agreement with Microsoft for trade platform modernization. Powered by a full microservices architecture using Microsoft Azure, the Finastra Trade...

Mitigating the Risks of Digital Currencies

Digital currencies including cryptocurrencies, stablecoins and central bank digital currencies (CBDCs), have grown tremendously over the past years, attracting investors and financial services customers for their ability to hold and transfer value wi...

Onfido Appoints New CTO

Onfido, the global leader in automated identity verification, announced the appointment of Daniel Keller as Chief Technology Officer. Daniel brings over two decades of leadership experience to the company’s executive team alongside a track record of...

First Swiss Provider Offers ETF Saving and Trading for Kids and Teens

True Wealth is the first independent wealth manager to launch an ETF-based investment solution for children and young people. The product extension is aimed at parents and relatives who want to make the benefits of long-term securities investment ava...

New McKinsey Study Reveals Rising Adoption of Generative AI Among Businesses

Despite the nascent public availability of generative artificial intelligence (AI), experimentation with the technology is already common and organizations are deploying tools leveraging generative AI at a fast pace, a new study conducted by McKinsey...