Category : Switzerland

10% in Switzerland Use Already Neo and Challenger Banks

Neobanks are on the rise in Switzerland. Every tenth person has already used these new online banking solutions, as the latest Swiss Payment Monitor shows. At the same time, the eradication of cash is not an option for the majority of the population...

Die Corona Kredit-Hilfen in Deutschland kommen nicht bei den Richtigen an

In Deutschland gibt es rund 7,5 Millionen Unternehmer (KMU: 3,5 Millionen, Selbstständige: 4 Millionen). Sie bilden das Herzstück der deutschen Wirtschaft und sind von der Corona-Krise am stärksten betroffen. Die Bundesregierung hat mit den Kredite...

Intrum und Skribble gehen Strategische Partnerschaft ein

Finanzdienstleister, die ihre Prozesse nahtlos digital abwickeln, sparen Zeit und Geld. Dazu zählt auch das digitale Signieren von Verträgen, zum Beispiel beim Onboarding von Neukunden: Entfällt der Umweg über Papier und Postversand, sinken sowohl di...

Platform-Based Banks More Profitable, Agile than Traditional Financial Institutions

In the age of disruption and increased competition from tech players, the traditional banking model is rapidly becoming outdated. For banks and financial companies, platformification is emerging as the most fitting strategy to maximized results, enab...

Hypi Lenzburg Startet mit Open Banking Digital Asset Plattform

Über die Open-Banking-Plattform Finstar können digitale Vermögenswerte neu tokenisiert und auf die sicherste Art aufbewahrt werden. Die Hypothekarbank Lenzburg setzt dabei auf die Technologie der Taurus Group aus Genf. Mit der Anbindung der Aufbewahr...

Swiss Romandy Sees Thriving Fintech Ecosystem Centered Around Geneva and Lausanne

Romandy, the French-speaking part of western Switzerland, is home to a burgeoning fintech community with several homegrown startups including NetGuardians and InvestGlass, rapidly emerging as regional leaders. Geneva’s fintech ecosystem Romandy combi...

A Short Overview of Open Banking in Switzerland

Europe might reasonably claim to be the cradle of open banking, with regulations such as PSD2 across the European Union (EU) as well as the UK’s Open Banking Standard certainly pioneering the concept. “This article was written to be part of the...

A Short 2020 Overview of Open Banking in Switzerland

German Ministry of Finance Calls for Blockchain-Based, Digital, Programmable Euro

At a time when China is trialing its own central bank digital currency (CBDC), European leaders must urgently come together and work collectively on the development of a digital, programmable euro, the Fintech Council of the German Federal Ministry o...

Swiss Fintech Funding Down Amid COVID-19

In the first half of 2020, fintech investment represented 10.4% of all funding going towards Swiss startups. As a comparison, fintech accounted for 15.7% of all invested capital in 2019, showcasing a notable shift in investment trends with investors...

Regtech Platform Kompany Receives €6 Million Investment

Kompany, a F10 Alumni and Austria based Regtech platform for Business KYC (KYB), announced a new investment of almost €6 million, the company’s largest single investment round to date. Last July the company already announced funding and strategic inv...

Google Pay Plans to Offer Digital Bank Accounts

Google is expanding its plans to offer digital banking services in the United States (U.S.) by partnering with several banks to offer digital checking and savings accounts to Google Pay users which will be available in 2021. The 8 banks in question a...

Cloud Computing as the Foundation for Platform Banking

Cloud computing doesn’t just allow banks and financial institutions to benefit from improved agility and costs savings, it also enables them to move closer to platformification, a model set to govern the banking landscape of the future, Tom Eck, glob...

The Swiss Fintech Startup Map Welcomes 4 Newcomers in August

The Swisscom Fintech Startup Map has been updated and released on August 2020 in time for the Swiss National Day. Four new Swiss Fintech Startups namely e-Potek SA, Yeldo SA, 21 Analytics and drion.ai AG have made their way onto the list of analytics...

eKYC Landscape in Switzerland

Switzerland has one of the most regulatory heavy ecosystems in the world. Every year, more advanced regulations and compliance are put in place, making it more expensive for financial institutions to meet requirements. Consumers, accustomed to seamle...