Category : News

Revolut Rolls Out ETF Trading for European Users

Revolut, a global neobank with more than 29 million customers worldwide, announced that it has introduced ETF trading for its European customers. The neobank’s customers across the European Economic Area (EEA) will have access to more than 100 ETFs w...

Top 10 Finance & Insurance Finalists of The Swiss >>venture>> Startup Competition

The >>venture>> startup competition is a leading startup competition in Switzerland that aims to promote and support early-stage startups while fostering innovation and entrepreneurship. The competition comprises several industry vertical...

Apple’s New Savings Account is a Hit

Apple’s new high-yield savings account is making a splash, drawing in nearly US$400 million worth of deposits on launch day. By the end of the first week, roughly 240,000 accounts had been opened, bringing in as much as US$990 million in deposits, so...

What the Launch of SIC5 Instant Payments Will Mean for Switzerland

Globally, 63% of banks & financial institutions picked instant payments as their top priority over the next 12 months. Meanwhile, some of the biggest developments in Switzerland will concern the Swiss Instant Clearing (SIC) network. During the l...

Frankfurt University Forms Master in Blockchain & Digital Assets

Frankfurt School of Finance Center and its Blockchain center designed a new four semester long post-experience master program (MSc) last year. The Frankfurt School’s goal is to provide the expert knowledge necessary to students looking to shape and l...

LSEG Forms Long-Term Strategic Partnership With Barclays

London Stock Exchange Group (LSEG) and Barclays have signed a new multi-year strategic partnership. Building on their longstanding relationship, the agreement includes a wide range of capabilities to support Barclays across the full ecosystem of busi...

Multibanking for Private Customers? Swiss Banks Sign Memorandum of Understanding

A group of banks in Switzerland headed by the Swiss Bankers Association (SBA) has signed a memorandum of understanding – with the goal of enabling initial multibanking offerings for individuals by mid-2025. SBA and its member institutions view the op...

EU Parliament Economic and Monetary Policies Unit Cautions ECB on Digital Currency Launch

The European Central Bank (ECB) is considering launching a retail central bank digital currency (CBDC), seeking improved payment efficiency, innovation and monetary sovereignty. However, there are several concerns about whether a so-called digital eu...

Swissquote Chooses NetGuardian AI Tool to Fight Financial Crime

Swissquote has chosen NetGuardians to enhance fraud mitigation and comply with the AML requirements. The NetGuardians AI-based financial crime solutions will monitor all transactions at the bank and on the digital finance app ‘Yuh’, a joint venture b...

Fintech Market Rebounds as Public Markets Recover, Private Investments Increase

Global fintech investment declined significantly throughout 2022, with funding dropping by 46% from 2021’s record levels, deals falling 8% year-over-year (YoY) and unicorn births sinking to a low of five new unicorns in Q4 2022, representing an 87% d...

Riskwolf Project Selected by Innosuisse Swiss Accelerator Program

Riskwolf, a Swiss Insurtech startup, has been awarded an Innovation project grant with the Swiss Accelerator program supported by Innosuisse. The program is aimed at helping promising startups scale their businesses and make them attractive for advan...

ADB, Switzerland Sign US$5 Million Co-Financing Deal to Support Vietnamese Fintechs

The Asian Development Bank (ADB) and Switzerland signed a co-financing agreement of up to US$5 million for Vietnamese fintechs focused on addressing financial inclusion in the country, particularly among small and medium-sized enterprises (SMEs). Thi...

Die digitale Firmengründung erreicht endlich auch die Schweiz

In der Schweiz werden jährlich zwischen 40’000 und 50’000 Firmen gegründet. Die dafür notwendigen Unterzeichnungen, welche in der Regel noch analog erfolgen, machen eine Gründung aufwändig und langwierig. Der Gründungsplattform Hoop ist es in Zusamme...

New Research Claims ChatGPT is Able to Predict Stock Price Movements

ChatGPT, an artificial intelligence (AI) chatbot developed by OpenAI, is capable of accurately predicting stock price movements, showcasing that large language models (LLMs) can be powerful tools for forecasting stock prices, researchers at the Unive...

Microsoft and Stripe Partner to Launch Microsoft Team Payments

Stripe announced a new partnership with Microsoft that enables North American businesses to accept payments directly in Microsoft Teams. The Microsoft Teams collaboration platform offers video conferencing, voice, messaging, and other embedded tools...