Tagged: switzerland

March 8, 2022 @ 1:07 am By Omar Faridi  |  

Microsoft (NASDAQ: MSFT) has reportedly joined other global financial institutions, consulting and technology companies to accelerate “disruptive” Fintech, Insurtech, Regtech and Deeptech innovations and “empower collaborations.” Via this partnership, Microsoft aims to “contribute to F10’s ecosystem to foster the exchange with FinTech startups around the… Read More

March 5, 2022 @ 7:55 am By Omar Faridi  |  

Polygon and Tether stablecoin are reportedly backing the City of Lugano in its effort to transform this lakeside town in southern Switzerland into Europe’s “blockchain capital.” Lugano will reportedly allow citizens and companies “to use Bitcoin, Tether, and the city’s own LVGA stablecoin to pay… Read More

March 4, 2022 @ 5:19 pm By JD Alois  |  

The Swiss Financial Market Supervisory Authority FINMA has ordered protective measures regarding Sberbank AG, one of the Russian banks targeted with sanctions. Switzerland has joined the economic sanctions along with the EU and other nations to apply pressure to Russia following its unprovoked war with… Read More

March 4, 2022 @ 12:42 pm By JD Alois  |  

Recently Switzerland has taken unprecedented steps to apply economic sanctions targeting Russia due to its unprovoked war with Ukraine. Historically neutral when it comes to political conflict, the criminal act by Russia and Vladimir Putin was simply too much for the Alpine nation. Today, Switzerland… Read More

February 28, 2022 @ 3:07 pm By JD Alois  |  

Earlier today, the Swiss Federal Council adopted the European Union (EU) sanctions packages of February 23 and 25. The move is designed to remove Switzerland as an option for  Russia to evade economic sanctions as Russia continues its criminal act of war against Ukraine. Switzerland… Read More

February 24, 2022 @ 9:05 am By JD Alois  |  

Squirro, an “Augmented Intelligence solutions provider,” has been awarded a contract with the European Central Bank (ECB) to provide insights into risk and the countries that have adopted the Euro. Squirro notes that it is already working with the German Bundesbank and the Bank of… Read More

February 14, 2022 @ 11:07 am By JD Alois  |  

KARM Legal Consultant PVT Limited, a UAE legal consultancy firm specialized in blockchain, Fintech and Data Protection/Cyber laws, has announced a partnership with Switzerland-based ScaleCompliance GmbH to provide crypto compliance services. Kokila Alagh, founder and CEO KARM Legal, commented: “We believe in cultivating a divergent… Read More

January 17, 2022 @ 12:17 pm By JD Alois  |  

Stephan Moore, a well-known economist who is a distinguished Visiting Fellow at the Heritage Foundation, WSJ editorial board member, and at one time considered as a Federal Reserve Governor, has joined blockchain firm PraSaga as Chief Economist. Moore issued the following statement on the news:… Read More

January 14, 2022 @ 1:42 pm By JD Alois  |  

The Swiss National Bank (SNB) has successfully tested wholesale CBCD [central bank digital currency] settlement in a partnership with the Bank for International Settlements (BIS) and SIX (parent of the Swiss Stock Exchange). The test was completed during Q4 2021. The project utilized SDX, the… Read More

January 13, 2022 @ 8:15 am By Omar Faridi  |  

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, announced that it has finalized a Series C round, “raising CHF 110 million.” The investment round was co-led by a consortium of blockchain and Fintech investors, comprised of Altive, Ordway Selections, and Summer Capital,… Read More

January 11, 2022 @ 4:23 pm By Tony Zerucha  |  

While the dollar values of cryptocurrencies associated with fraud and other illegal activities continues to row, it is important to keep those numbers in context, one industry watcher cautions. As cryptocurrency-based transaction volumes surge, the amounts associated with illegal activity are naturally going to grow…. Read More

December 31, 2021 @ 9:03 am By Omar Faridi  |  

Many more homeowners are now looking for all-digital solutions that are affordable and a lot more accessible. Digitalization and the platform concept are now finding their way into the real estate sector, which is not only an innovative breakthrough but has also become essential. That’s… Read More

December 19, 2021 @ 9:50 pm By Omar Faridi  |  

Marieke Flament, the Chief Executive at NatWest’s virtual bank for businesses, is reportedly getting ready to leave her role after two and a half years. Flament will be joining Switzerland-headquartered blockchain foundation NEAR as the CEO, she confirmed in statements shared with Reuters. The non-profit… Read More

December 19, 2021 @ 5:05 pm By JD Alois  |  

SEBA Bank, a Switzerland digital asset bank regulated by FINMA, has launched a gold token. This digital asset represents physical gold and has rights for physical delivery. The SEBA Bank Gold Token is designed to simplify the process of investing in gold as a digital… Read More

December 11, 2021 @ 11:42 am By Omar Faridi  |  

Following the announcement of a crypto-focused partnership with Sygnum Bank earlier in 2021,  Bordier & Cie, a Swiss private banking institution established in 1844, is confirming that it’s notably the first bank in Switzerland to enter a strategic partnership with Moonfare, the private equity Fintech… Read More

December 10, 2021 @ 11:18 am By JD Alois  |  

Casper Association, a non-profit that oversees the Casper Network, has integrated its  native token, CSPR with the BitKeep wallet. Casper is a proof of stake blockchain designed to accelerate enterprise and developer adoption of blockchain technology today.  Casper boasts lower gas fees  and improved speeds… Read More

December 8, 2021 @ 1:16 pm By JD Alois  |  

PriceHubble, a Switzerland-based Proptech, has gained a new Chief Revenue Officer. PriceHubble has appointed Helene Ackermann to step into the role to head up global sales. PriceHubble, is an AI and data company that aims to create innovative digital solutions for the real estate industry… Read More

December 8, 2021 @ 11:49 am By JD Alois  |  

AllianceBlock has joined the Open Wealth Association in order to provide a bridge between DeFi and traditional finance.. The Open Wealth Association seeks to define, maintain and operationalize the open Application Programming Interface (API) standard for the global wealth management community. Alliance Block describes its… Read More

December 4, 2021 @ 4:07 pm By Omar Faridi  |  

viafintech GmbH, which is part of specialized payments platform Paysafe (NYSE: PSFE), has formed a new partnership with Solarisbank AG with “a joint vision to replace the classic bank branch and physical locations for basic banking services.” As one of Europe’s major banking-as-a-service (BaaS) platforms,… Read More

December 3, 2021 @ 7:57 am By Omar Faridi  |  

JUMP Technology claims that it provides one of the most advanced connectors to the SIX data feed in the world on its software platform, which enables users to “automatically plug in and collect the wide variety of financial data provided by SIX (securities characteristics, daily… Read More