Category : Switzerland

BDO und BEKB beteiligen sich an daura

BDO und die Berner Kantonalbank AG (BEKB) gehen eine strategische Beteiligung an der daura ag ein. Durch die Zusammenarbeit soll das daura Ökosystem für digitale KMU-Aktien weiter verstärkt werden. Mit der BEKB und BDO beteiligen sich zwei namhafte U...

In Guatemala, Incumbents Tap Fintech Specialists to Ramp up Tech Capabilities

In Guatemala, incumbent banks are teaming up with fintech startups to benefit from their technological advancements, enable a seamless digital customer experience and access new market segments. Banco de los Trabajadores (Bantrab) is among the promin...

Swiss Banks’ Foreign Exchange Rate Comparison

Swiss banks charge on average 1.46% for currency exchange. In some cases 4.5 times more than amnis. Small and medium-sized companies are often unaware that high exchange rate mark-ups are hidden in the standard industry exchange rates. Amnis, however...

Credit Suisse’s CSX Named Best-Known Swiss Digital Banking Brand

Credit Suisse’s digital bank offering CSX has been named the best-known Swiss brand for digital banking in Switzerland a year after launching. According to independent market research, nearly half of the Swiss population is familiar with the CSX bran...

Former Citi Exec Launches US$1.5 Billion Crypto Investment Vehicle

Founded by former Citi’s head of structured products Matt Zhang, crypto-focused investment firm Hivemind Capital Partners has launched its debut US$1.5 billion multi-strategy investment venture for the blockchain and digital asset ecosystem. Th...

Digital Currency Group to Move Headquarters From NYC to Stamford

Bitcoin and blockchain investor Digital Currency Group (DCG) will be relocating its headquarters from New York City to Stamford, Connecticut. The office of the Governor of Connecticut Ned Lamont announced that the move is expected to create over 300...

Mastercard to Extend Real-Time Payments to Latin America With Arcus Acquisition

Mastercard has acquired Mexico-based Arcus Financial Intelligence to support bill pay solutions and other real-time payment applications across Latin America. Arcus provides bill pay and cash-in, cash-out services for billers, retailers, fintechs and...

How Can Financial Institutions Put a Stop to Account Takeover Attacks

Financial Institutions (FI’s) can detect and prevent account takeover attacks using continuous monitoring and adaptive multi-factor authentication. Account takeover (ATO) fraud is one of the top causes of fraud losses for banks and financial institut...

Thought Machine Earns Unicorn Badge with US$200 Million Series C Fundraise

Thought Machine, a London-based cloud-based core banking technology firm, has now achieved a unicorn valuation following the closing of its US$200 million Series C funding round. The round takes the total funding raised by Thought Machine to over US$...

Boerse Stuttgart’s BISON Launches Crypto Savings Plan

German stock exchange Boerse Stuttgart Group’s crypto platform BISON announced that it has rolled out savings plans for tradable cryptocurrencies. Plans start at a savings rate of 0.01 euros per week, month or quarter, and are accessible through BIS...

Deep Dive: Digging Into The Short-Term Opportunities For Global Banking

Market dynamics in the financial services business rarely come on with an urgency attached. After all, the first Open Banking project in the UK dates back to 2016. Formal PSD2 discussions started in 2013. Therefore, it’s difficult to argue that finan...

Temenos Launches New Fintech Marketplace Temenos Exchange

Global banking software company Temenos has launched a new collaborative fintech marketplace, Temenos Exchange, according to a statement by the company. The market provides pre-integrated and certified fintech solutions that are deployable within the...

Revolut Acquires Point-Of-Sale System Nobly to Expand Its Services Into Hospitality

London-headquartered fintech giant Revolut announced the acquisition of ePOS software provider Nobly POS to expand its offering to serve the restaurant and hospitality sectors. Nobly has developed a comprehensive ePOS system for the restaurant and ho...

Studie: Digital-Kompetenz Schweizer Banken: Credit Suisse Top, Neon Flop

Wie ist es um die digitale Kompetenz der Schweizerischen Banken bestellt? Mit der unabhängigen Studie „Finnoscore Schweiz 2022“ misst das internationale Beratungsunternehmen Finnoconsult erneut die digitale Attraktivität Schweizerischer Banken und ve...

Banking Circle Appoints New Head of Institutional Banking

Luxembourg-headquartered payments bank Banking Circle has appointed Timo Florian Zwez as the new Head of Institutional Banking for the DACH region. Timo Florian Zwez In his new role, Zwez will be looking to drive growth for the company in the DACH re...