Category : Switzerland

News / Switzerland - 2 years ago

New World Bank Report Looks at the Rise of Fintech

Technology-enabled innovation is reshaping financial products, market players, market structure and even money itself, removing key frictions in the provision of financial services, enabling new business models and allowing market participants to rea...

News / Switzerland - 2 years ago

Swiss Banks Slow to Embrace Open Banking

In Switzerland, banks and financial institutions have been slow in embracing the open banking movement, a delay that can partly explained by institutions’ conservative corporate culture as well as an overarching fear of losing customers to third part...

News / Switzerland - 2 years ago

Finnova Takes Over Contovista from Viseca

The Lenzburg-based banking software manufacturer Finnova AG is acquiring the fintech company Contovista with retroactive effect from 1 January 2022. The two companies have been successfully working together for years. Finnova is acquiring 100% of the...