Category : Switzerland

Central Bank Digital Currencies Introduce New Cybersecurity Challenges, Privacy Issues

Interest in central bank digital currencies (CBDCs) has grown over the past few years in response to changes in payments and technology, as well as the disruption caused by COVID-19. A 2021 survey conducted by the Bank for International Settlements (...

European Fintech Growth Cools Down

After a decade of growth, the European fintech ecosystem is entering a period of cooling and consolidation reflected by a dropping number of new fintech companies being founded, decreasing funding activity and a decline in exit deals, a new report by...

neon’s Crowdfunding Campaign Reaches CHF 5 Million on Its First Day

Swiss neobank neon’s crowdfunding campaign reached CHF 5 million of its CHF 10 million target with more than 2,000 investors participating on the first day of the campaign. The campaign, which runs from October 25 to 31, is offering two to 250 non-vo...

N26 Launches New Cryptocurrency Trading Feature With Bitpanda

German neobank N26 has launched its cryptocurrency product in Austria to enable customers to buy and sell 194 cryptocurrencies in their app. The N26 Crypto feature will be made available progressively to eligible customers in Austria over the coming...

Moneyhub Kicks Off Fundraise With £40M From Legal & General, Lloyds Bank

Open finance platform Moneyhub has secured an initial £35 million in its latest funding round led by asset manager Legal & General and Lloyds Banking Group, with an additional £5 million debt facility provided by Shawbrook Bank. The investment wi...

Temenos and Microsoft Launch a Carbon Emissions Calculator for Cloud Banking

Cloud banking platform Temenos has launched a carbon emissions calculator to give customers insight into carbon emissions data associated with their consumption of its services. The calculator, which is is embedded into the Temenos Banking Cloud clie...

The 16 Hottest Fintech and Insurtech Startups in Europe

Europe is home to some of the world’s biggest and most valuable fintech companies, and one of the largest and most developed fintech ecosystems globally. Throughout the years, founders across the region have consistently managed to attract investors’...

Mambu Extends Cloud Approach With AWS, Google Cloud and Microsoft Azure

Cloud banking platform Mambu has announced general availability across three leading cloud providers — Amazon Web Services (AWS), Google Cloud and Microsoft Azure. The company says that this will allow customers to choose a provider based on their sp...

MoneyGram Is Now Haas F1 Team’s Title Sponsor in 2023 and Beyond

Digital payments company MoneyGram is now Haas F1 Team’s title sponsor for the 2023 season and beyond, with the new “MoneyGram Haas F1 Team” brand to take effect next year. The Haas F1 Team is a a fan favorite and the only American team competing in...

QR Code and Instant Payments are Fueling the Growth of Non-Cash Transactions

The pandemic prompted businesses and customers to embrace digital technologies and non-cash payment methods, fueling the adoption of innovative payment methods like QR code payments, digital wallets, and account-to-account (A2A) payments. Adoption of...

Diana Biggs Joins Crypto Fund 1k(x) as Partner From Digital Asset Company Valour

Crypto ecosystem growth fund 1k(x) has appointed Diana Biggs as Partner to drive partnerships that bolster its portfolio’s integration into real world applications. Biggs was previously Chief Strategy Officer at Valour where she served as CEO of its...

UBS and Microsoft Expand Partnership Beyond Cloud Services

UBS and Microsoft announced an expansion of their partnership that will see more than 50% of UBS’ applications, including critical workloads, running on the Microsoft Azure cloud. The expanded partnership will also help advance UBS’ sustainability in...

Onfido Promotes Yuelin Li to Chief Product Officer to Lead Product Strategy

Identity verification platform Onfido has promoted Yuelin Li to Chief Product Officer to oversee product strategy and direction, and further establish Onfido’s category leadership in identity verification and fraud mitigation. Li has been instrumenta...

SDX, BEKB and Daura Team Up to Enable SMEs to Issue Tokenised Shares

Berner Kantonalbank (BEKB), SIX Digital Exchange (SDX) and digital share platform daura are partnering to enable SMEs to issue their shares digitally in a regulated, intermediated form. BEKB will provide their secondary liquidity SMEx platform, daura...

Wealth Managers Reluctant to Invest in Crypto

Wealth managers around the world are still reluctant to invest in cryptocurrency on behalf of their clients amid concerns over the lack of regulation, the lack of education as well as high volatility, a new study by American asset management company...