Category : News

Square’s Banking Subsidiary Begins Operations in the US

Square, a US-based mobile payment company, announced that its subsidiary Square Financial Services, has begun operations. The launch follows Square Financial Services’ completion of the charter approval process with the Federal Deposit Insuranc...

Israel Expat Neobank Rewire Raises $20 Million in Series B Funding Round

Rewire, a Tel Aviv-based neobank for migrants, announced a Series B funding round of $20 million led by global crowdfunding platform OurCrowd and also included a line of credit from an unnamed bank. Rewire said that the current round of funding will...

Fidesmo Launches Wearable Payments Service in Switzerland With Cembra

Swedish tech company Fidesmo is expanding its wearable payments service to Switzerland through a collaboration with Cembra, a Swiss provider of consumer finance products. This allows for customers with payment cards issued by Cembra to connect with w...

Insurtech simpego übernimmt Sachversicherungen von Sympany

Das Insurtech Start-Up simpego und die Krankenversicherung Sympany sind eine strategische Partnerschaft für Sachversicherungen eingegangen. Ab sofort wird Sympany die Sachversicherungsprodukte Auto und Hausrat/Privathaftpflicht von simpego im White L...

Fidor Solutions Partners SIA to Launch Instant Payments Service in Europe

Fidor Solutions, a subsidiary of Sopra Banking Software, has signed a partnership agreement with SIA, a European company in payment services and infrastructures, to launch its new instant payments service in Germany and in other European countries. W...

F10 Partners New Energy Nexus for Green and Climate Fintech Programme

F10 FinTech Incubator & Accelerator, a global banking and insurance incubator and accelerator with hubs in Switzerland, Singapore and Spain, plans to form a strategic partnership with New Energy Nexus, an international startup support organisatio...

Report: Open Banking’s Global Revolution in Progress

Banking software company Temenos published a new report “Open Banking: Revolution or Evolution?” written by the Economist Intelligence Unit (EIU) and based on a survey of over 300 global banking executives. It finds that nearly half (45%) are set on...

Swiss Flovtec Starts Offering Digital Asset Market Making Solution

flovtec, a Swiss technology company specialising in providing liquidity to tokens and exchanges in the growing digital asset space, said that it will give the digital asset ecosystem full control over market making. This move is said to offer a seaml...

SETL Hires Former SWIFT and Ripple Exec as Head of Payments

SETL, a London-based settlement and payments infrastructure provider, announced the appointment of Marjan Delatinne to its executive management team as the Head of Payments. Marjan will have the overall responsibility for growing SETL’s payments busi...

PayPal Goes Galactic to Make Universal Space Payments a Reality

PayPal announced the launch of PayPal Galactic, an initiative that addresses the issues to help make universal space payments a reality. PayPal Galactic brings together leaders in the scientific community, including the SETI Institute and Space Touri...

Schweizer Treasury Fintech Amnis holt Julius Bär Banker in VR

AMNIS Treasury Services AG (Amnis), ein 2014 gegründetes Schweizer Fintech-Unternehmen mit dem Ziel, den internationalen Zahlungsverkehr für KMU zu vereinfachen, ernennt Peter Gerlach zum neuen Mitglied des Verwaltungsrates. Peter Gerlach war bis 202...

Swiss Private Bank Starts Offering Crypto Investments

Bordier & Cie SCmA, a Swiss private bank founded in 1844, has expanded its offering to include cryptocurrencies by incorporating Sygnum’s B2B banking platform. This partnership will enable Bordier clients to securely buy, hold and trade cryptocur...

Skrill Launches New Fiat-to-Crypto Withdrawal Service

Digital payments provider Skrill, part of the integrated payments platform Paysafe, has announced a new feature for its digital wallet that enables users to withdraw funds directly to a cryptocurrency address of their choice. For the first time, Skri...

Corona: Bargeld nicht mehr wichtigstes Zahlungsmittel

Der unabhängige Online-Vergleichsdienst moneyland.ch hat im Rahmen einer repräsentativen Online-Umfrage im Januar 2021 gefragt, mit welchen Zahlungsmitteln und wie häufig die Schweizer Bevölkerung im Laden und im Internet zahlt. Ausserdem hat moneyla...