Category : Switzerland

Frankfurt University Forms Master in Blockchain & Digital Assets

Frankfurt School of Finance Center and its Blockchain center designed a new four semester long post-experience master program (MSc) last year. The Frankfurt School’s goal is to provide the expert knowledge necessary to students looking to shape and l...

LSEG Forms Long-Term Strategic Partnership With Barclays

London Stock Exchange Group (LSEG) and Barclays have signed a new multi-year strategic partnership. Building on their longstanding relationship, the agreement includes a wide range of capabilities to support Barclays across the full ecosystem of busi...

Multibanking for Private Customers? Swiss Banks Sign Memorandum of Understanding

A group of banks in Switzerland headed by the Swiss Bankers Association (SBA) has signed a memorandum of understanding – with the goal of enabling initial multibanking offerings for individuals by mid-2025. SBA and its member institutions view the op...

EU Parliament Economic and Monetary Policies Unit Cautions ECB on Digital Currency Launch

The European Central Bank (ECB) is considering launching a retail central bank digital currency (CBDC), seeking improved payment efficiency, innovation and monetary sovereignty. However, there are several concerns about whether a so-called digital eu...

Swissquote Chooses NetGuardian AI Tool to Fight Financial Crime

Swissquote has chosen NetGuardians to enhance fraud mitigation and comply with the AML requirements. The NetGuardians AI-based financial crime solutions will monitor all transactions at the bank and on the digital finance app ‘Yuh’, a joint venture b...

Fintech Market Rebounds as Public Markets Recover, Private Investments Increase

Global fintech investment declined significantly throughout 2022, with funding dropping by 46% from 2021’s record levels, deals falling 8% year-over-year (YoY) and unicorn births sinking to a low of five new unicorns in Q4 2022, representing an 87% d...

Riskwolf Project Selected by Innosuisse Swiss Accelerator Program

Riskwolf, a Swiss Insurtech startup, has been awarded an Innovation project grant with the Swiss Accelerator program supported by Innosuisse. The program is aimed at helping promising startups scale their businesses and make them attractive for advan...

ADB, Switzerland Sign US$5 Million Co-Financing Deal to Support Vietnamese Fintechs

The Asian Development Bank (ADB) and Switzerland signed a co-financing agreement of up to US$5 million for Vietnamese fintechs focused on addressing financial inclusion in the country, particularly among small and medium-sized enterprises (SMEs). Thi...

Die digitale Firmengründung erreicht endlich auch die Schweiz

In der Schweiz werden jährlich zwischen 40’000 und 50’000 Firmen gegründet. Die dafür notwendigen Unterzeichnungen, welche in der Regel noch analog erfolgen, machen eine Gründung aufwändig und langwierig. Der Gründungsplattform Hoop ist es in Zusamme...

New Research Claims ChatGPT is Able to Predict Stock Price Movements

ChatGPT, an artificial intelligence (AI) chatbot developed by OpenAI, is capable of accurately predicting stock price movements, showcasing that large language models (LLMs) can be powerful tools for forecasting stock prices, researchers at the Unive...

Microsoft and Stripe Partner to Launch Microsoft Team Payments

Stripe announced a new partnership with Microsoft that enables North American businesses to accept payments directly in Microsoft Teams. The Microsoft Teams collaboration platform offers video conferencing, voice, messaging, and other embedded tools...

Fintech on the Rise in Kazakhstan Driven by Digital Payments and Super-Apps Adoption

In Kazakhstan, the fintech industry is growing at a fast pace, driven by rapid adoption of digital payments, ecosystem services and super-apps, among other digital financial services, a new report by Fintech Consult, MOST Ventures and RISE says. Movi...

European Fintech Sector Poised for Fivefold Growth by 2030

Boston Consulting Group (BCG) and QED Investors have released a report projecting a sixfold increase in financial technology revenues from US$245 billion to US$1.5 trillion by 2030. The fintech sector, which currently holds a two percent share of the...

Deutsche Börse With 3.9 Billion Euro All-Cash Takeover Offer for SimCorp

Deutsche Börse has announced a binding agreement with SimCorp in which it will make an all-cash voluntary public takeover offer to acquire all shares of Denmark’s SimCorp A/S, valuing the firm at €3.9 billion. The offer price represents a premium of...

24 Fintech Events to Attend in the USA and Canada in Q2 2023

North America, and the USA in particular, has historically been the dominant force in fintech innovation, adoption and investment globally. The region is home to some of the world’s biggest and most successful fintech companies, and has continuously...