Category : Switzerland

Mastercard Invests into Italian Embedded Finance Fintech Fabrick

Mastercard and Open Finance sector pioneer Fabrick announced an expanded new partnership to develop Embedded Finance solutions that will improve the digitalization of businesses, financial institutions and fintechs across Europe. As part of the agree...

Swiss Banks Unlikely to Migrate to Blockchain, DLT Systems, Says SNB Advisor

While some banks have started experimenting with blockchain and distributed ledger technology (DLT), widespread migration to these systems are unlikely to occur due to a number of roadblocks, including regulatory and compliance challenges, the high c...

European Merchants Tap Latin America E-Commerce Opportunity

Latin America (LatAm), one of the fastest-growing e-commerce markets globally, has become a preferred destination for European companies looking to expand globally, an appeal that’s owed to the region’s booming smartphone penetration, rapidly digitiz...

Crowdfunding Studie 2022: KMU Kreditfinanzierung wächst

Finanzierungen über das Internet verzeichneten im Jahr 2022 einen Volumenrückgang von 16 Prozent auf insgesamt 662 Millionen Franken. Gewachsen ist hingegen der Teilbereich der Kreditfinanzierung von KMU. Das zeigt der Crowdfunding-Monitor 2023 der H...

InvestHK Officially Launches the Global Fast Track 2023 Fintech Accelerator

Invest Hong Kong (InvestHK) had announced today the official launch of its year-round fintech accelerator Global Fast Track 2023 (GFT). The accelerator is established through three pillars – the Global Scaleup Competition, the Business Matching Platf...

A Snapshot into Hungary’s New Digital Nomad Visa

Hungary launched a digital nomad visa in 2022, allowing foreign nationals to live in the country for up to a year while working for a company located abroad. The residence permit, called White Card, is designed for digital nomads, investors, and entr...

Banking-as-a-Service Momentum to Carry on this Year in Europe

Banking-as-a-service (BaaS) has been on the rise in Europe in recent years, driven by favorable new regulations, the region’s thriving fintech ecosystem, increased collaboration between banks and fintech companies, and changing customer expectations....

Global Finance, Tech M&A Activity Continues to Decline

Mergers and acquisitions (M&A) activity in the financial services and technology industries continued their decline in Q1 2023, carrying on a trend that began last year. Deal activity in these sectors is now reaching levels not seen since the sta...

Offline Payments Using CBDCs Promise Many Benefits But Design Should Be Considered Thoroughly

The ability to make offline payments with central bank digital currencies (CBDCs) has attracted increased interest among central banks for their potential to support public policy objectives including financial inclusion, universal access, payment sy...

SumUp Enables JCB Card Acceptance for Its European Merchants

SumUp, a London-based global payments service provider, has tied up with Japan-based card scheme JCB International to enable the acceptance of JCB Cards across its European merchant network. The enablement of JCB Card will allow SumUp’s merchants in...

QED Investors Raises Nearly US$1 Billion to Invest in Fintech Firms Globally

QED Investors, a global venture capital firm investing exclusively in fintech companies, announced the close of two new funds totaling US$925 million. With the close of these two new funds, QED will have more than US$4.0 billion under management. The...

Here Are the 13 Winners of the 2023 Global Zurich Innovation Championship

Zurich Insurance Group has announced 13 winners for the latest edition of its global Zurich Innovation Championship 2023. The categories from which the winners were chosen are; commercial insurance, customer experience, digital enablement, distributi...

Swiss Startup Competition >>venture>> Gears Towards Final Award Ceremony This June

Switzerland’s startup competition >>venture>> has announced the unranked winners’ line-up for this year which included three startups from the finance and insurance vertical. The next step for these unranked winners is to make their pitch...

EU Adopts New Crypto Asset Regulation

The European Union (EU) has taken a significant step in regulating the crypto-assets sector with the Council’s adoption of the Regulation on Markets in Crypto-Assets (MiCA). This milestone marks the establishment of an EU-level legal framework for t...

Chris Skinner Joins Shareholders and Advisory Board of WebAccountPlus

WebAccountPlus, a Pfäffikon based digital corporate advisor announced the addition of Chris Skinner to its advisory board and as a shareholder of the company. Recognized as one of the most influential figures in fintech, banking and technology, Skinn...