Category : Switzerland

Financial Crimes in the Metaverse

Business executives are bullish on the prospect of the metaverse, predicting sizeable commercial opportunities in taking part in immersive virtual environments. But despite the high level of interest, industry stakeholders are also growing increasing...

Golden Visas: Portugal vs Dubai

More than 20 countries around the world have introduced investor visa programs, providing wealthy people with a residency permit or, in some cases, even citizenship in return for a substantial investment. Also known as “golden visas,” these programs...

Alpian Partners With Visa to Issue a Metal Debit Card in Switzerland

Digital private bank Alpian announced that it is now a Principal Member of Visa, allowing the company to issue its exclusive metal debit card in Switzerland. The pairing of the metal debit card with a multi-currency current account (CHF, EUR, GBP and...

Dominican Republic Sees the Rise of a Thriving Fintech Sector

In the Caribbean, the Dominican Republic is seeing the emergence of a burgeoning fintech industry, a thriving ecosystem that has risen on the back of supportive regulatory initiatives and ambitions to improve financial inclusion. With 55 active finte...

Sygnum Bank Dives Into the Metaverse With New Hub

Digital asset bank Sygnum announced the opening of its metaverse hub, saying that is the virtual equivalent of New York’s Times Square in Decentraland. Decentraland claims to be the first and largest metaverse which leverages a crypto asset called MA...

Wix’s UK-Based Merchants Can Now Pay With Vyne

Account-to-account payments platform Vyne entered a new partnership with web development platform Wix that gives Wix’s UK-based merchants access to Vyne’s open banking payments infrastructure, enabling them to offer their customers the ability to pay...

SIX Digital Exchange Goes Live With Ethereum Staking Service for Institutional Clients

SDX Web3 Services, the newly launched business unit from SIX Digital Exchange, is now live with its non-custodial Ethereum staking service. This new offering is a straightforward and secure way to launch new validators, generate yield from staking, a...

Infront Inks Deal to Acquire Assetmax to Boost Its Wealth Management Offering

Norwegian financial data company Infront has entered into an agreement for the acquisition of Swiss wealthtech platform Assetmax. Details of the deal was not disclosed. The transaction is expected to be completed by the end of September at the latest...

Digital Banking and Insurtech Among Fastest-Growing Fintech Segments in Latin America

The fintech ecosystem in Latin America (LatAm) has risen quickly over the past couple of years with sustained growth observed in all segments and in the number of active fintech companies, a new report from the Inter-American Development Bank (IDB) a...

Netcetera’s ToPay Mobile Wallet Wins Aite-Novarica Group Innovation Award

Digital payment solutions provider Netcetera has been recognised in advisory firm Aite-Novarica Group’s annual Digital Wallet Impact awards, under the value-added services category. Netcetera won the award for its ToPay Mobile Wallet, a mobile app in...

Skribble Raises EUR10 million to Expand in Europe

Zurich-based electronic signature specialist Skribble has completed a EUR 10 million round of funding. The round was led by Munich-based Acton Capital Partners and Swiss venture capital firm VI Partners. Contracts such as employment and supplier cont...

Hackers Tap Cross-Chain Bridges Vulnerabilities; Whopping US$2B Worth of Crypto Stolen So Far

Hackers and cybercriminals are exploiting vulnerabilities found in cross-chain bridge protocols to siphon billions of dollars worth of cryptocurrencies out of wallets and smart contracts, a new report by blockchain analytics firm Chainalysis claims....

Hackers Tap Cross-Chain Bridges Vulnerabilities; Whopping US$2B Worth of Crypto Stolen

Selma Raises Additional CHF 7 Million in Series A Extension Led by TX Ventures

Digital financial advisor Selma Finance extends its Series A funding round with an additional CHF 7 million led by TX Ventures, VC arm of Swiss media company TX Group, bringing its Series A round to a total of CHF 10 million. Sparrow Ventures, the VC...

Tresio Partners With Latvia’s Nordigen to Gather Its Customers’ Financial Data

Financial planning platform Tresio has partnered with freemium open banking provider Nordigen to further enhance its financial tool via accurate, real-time data. Tresio’s partnership with Nordigen allows it to source customers’ financial data directl...