Category : Switzerland

Digital ID Verification, Remote Document Signing to Become the Norm in Finance Sector

The pandemic has accelerated the growth of non-face-to-face interactions, forcing banks, merchants and others to swiftly deploy digital tools to accurately verify the identity of the person on the other end of a digital transaction. A 2021 study by a...

Point Zero Forum to Kick off Tomorrow in Zurich

The Swiss Secretariat for International Finance (SIF) and Elevandi (a company set up by the Monetary Authority of Singapore (MAS) to advance FinTech in the digital economy) will kick off the inaugural Point ZERO Forum in Zurich, Switzerland, tomorrow...

Nascent Metaverse Finance Industry Provides Investors with Exciting Opportunities

In 2021, interest in the metaverse spiked following a surge in sales of non-fungible tokens (NFTs) and announcements from bigtechs sharing their interest and investment in the space. This year, the momentum is continuing, with corporations, venture c...

Austria’s Qenta Taps Netcetera to Secure Cashless Payments in the Region

Netcetera, a Swiss software company that provides secure digital payments, announced that it will be collaborating with Austrian payments services provider Qenta Payment CEE. Through this partnership, Netcetera will be a reliable expert provider and...

Mihails Safro, Xpate CEO: Core Banking Solutions Simplify Customer Experience on Both B2B and B2C Levels

Mihails Safro, CEO of xpate, that has just delivered it’s own in-house build core banking solution tells about the history and the meaning of this technology. What is the Core Banking System? Mihails Safro, Xpate Core banking stands for “Centralized...

Amnis Closed Series-A Funding Round of CHF 8.6 Million

AMNIS Treasury Services, a Zurich-based fintech founded in 2014 with the goal of reshaping international banking for SMEs, announced the closing of a Series-A investment round of CHF 8.6 million. The funding round, led by Lansdowne Partners, will en...

Swiss Real Estatte Crowdfunding Platform Foxstone Raises CHF 10 Million

The online real estate investment platform Foxstone has completed a CHF 10 million Series A financing round, the company’s largest to date. The participation of almost all the existing shareholders is to be noted, as well as the arrival of new entran...

Swiss Real Estate Crowdfunding Platform Foxstone Raises CHF 10 Million

Swiss Wealthtech 3rd-eyes Analytics Enters US Market with Partnership

Bonsai announced a partnership with 3rd-eyes analytics, an innovative Swiss Wealthtech company focused on realistic wealth planning. The 3rd-eyes analytics’ engine will power MyBonsai to hyper-personalize wealth planning and enable financial advisors...

Don’t Overcomplicate Climate Change

Asset managers can contribute most to a sustainable economy by sticking to a policy of steadily reducing their portfolios’ carbon emissions. The November 2021 climate change summit in Glasgow (COP26) brought home the urgency of addressing global warm...

Fintech and Finance Firms Snap Up Media Companies to Gain Audience

This past year has seen banks, financial services companies and fintech startups snapping up media companies, realizing the merits of owning their audience to gain exposure, sell more products and become more profitable. An extensive research paper b...

Banking Circle Supports Bluecode and TWINT’s Interoperability

The mobile payment systems German-Austrian Bluecode and the Swiss TWINT are now interoperable with one another. Interoperability of said two systems is based on the specifications of EMPSA (European Mobile Payments System Association). TWINT and Blue...

Salesforce Expands Social Commerce Offerings, Connecting Merchants With TikTok

Salesforce is partnering with TikTok to make it easier for Commerce Cloud merchants to engage with the TikTok community, including advertising to users and making their products more discoverable. This partnership is the latest Commerce Cloud platfor...

Western Union Taps Mambu for Its New Digital Bank Platform in Europe

Cloud banking platform Mambu has teamed up with Western Union to integrate its solution into the latter’s next generation real time multi-currency digital wallet and digital banking platform in Europe. Mambu will enable Western Union to extend the re...

Crowdfunding Volume Regains Strength in Switzerland

In 2021, crowdfunding volumes in Switzerland regained some strength after activity stalled in 2020 due to various effects of the COVID-19 pandemic. The year saw a volume of CHF 791.8 million transacted via crowdfunding platforms, a significant market...