Tagged: switzerland

Raisin Added to Temenos Marketplace

Temenos AG (SIX: TEMN), the Switzerland based banking software provider, has added Fintech Raisin to their Marketplace. Raisin is an online service that enables savers to earn the highest interest rate possible in a current account regardless of geography. Temenos provides banking software to more… Read More

MassChallenge Switzerland Announces Partnership with the FIA Smart Cities Initiative

MassChallenge, a global network of zero-equity startup accelerators, recently announced it has formed a new partnership with the FIA Smart Cities Initiative to support the Global Start-Up Contest, to identify and support the most innovative and impactful startup technology companies that have the power to… Read More

Temenos Banking Software Selected by PayPal

Digital payment platform and online lender PayPal (NASDAQ: PYPL)  has selected Temenos (SIX: TEMN) to provide digital banking services. The announcement by Temenos was buried in a brief release last Friday. Temenos stated: “PayPal, Inc. has selected Temenos T24 Core Banking. The Temenos T24 banking platform will run… Read More

Opening the Floodgates: What is Holding Back the Crowdfunding Tsunami?

Equity crowdfunding platforms have democratized the way that individuals and organizations raise and invest capital, by lowering the previously high barrier to entry for investment. And, ever since these platforms emerged, expectations have been high about the effects that this new utilitarian form of investment… Read More

Swiss Government Seeks to Improve Framework for Blockchain / Distributed Ledger Technology for Financial Services

Last week, the Swiss Federal Council announced a report on the legal framework for Blockchain and Distributed Ledger Technology (DLT) for the financial services industry. According to the Council, the Swiss legal framework “is well suited to deal with new technologies including blockchain.” Even while noting… Read More

Swiss Financial Regulator FINMA Outlines AML Requirements for Fintech License

The Swiss Financial Market Supervisory Authority (FINMA) has outlined the requirements for anti-money laundering (AML) and firms seeking a Fintech license. Last week, FINMA issued the general guidelines for their Fintech license which is designed to encourage innovation in financial services by providing a streamlined approach… Read More

Swiss Financial Market Supervisory Authority Issues Guidelines on Fintech License

The Swiss Financial Market Supervisory Authority (FINMA) has published their guidelines pertaining to a new Fintech license. which will be available beginning in 2019. FINMA will be issuing and regulating accepted Fintech companies. The goal of the new licensing structure is to boost Fintech innovation by… Read More

“Green” Crypto Mining Venture, Envion, Shut Down by Swiss Judge

A purported environmentally-friendly project for the mining of cryptocurrencies in Switzerland has been dissolved by a Swiss court as a result of bitter infighting by founders, Michael Luckow and Matthias Woestmann, Swiss news outlet Handelsblatt reports. A reported 30 000 investors may now have a… Read More

Nexo Joins Mistertango’s Newly Launched Crypto Service Platform “Offers”

Mistertango, a Switzerland-based crypto-friendly payment company, announced on Wednesday the launch of its crypto-as-a-service platform, Offers. Founded in 2014, Mistertango claims to be the first fintech company that offers dedicated IBAN accounts to individuals and businesses. According to Mistertango, the Offer platform is integrated into… Read More

Crypto & Lambos: #MetaHash Partners with Lamborghini

Speedy blockchain #MetaHash is hooking up with fast car maker Lamborghini via the Automoviles Lamborghini Latinoamerica, in a match made in crypto heaven. According to #MetaHash, Lamborghini has selected the Switzerland-based blockchain company for a number of projects including a self-branded token on the #MetaHash… Read More

Fintech Smart Valor to Launch Stablecoin backed by Swiss Franc

Announced the first day of the Crypto Summit in Zurich, Switzerland, Smart Valor has launched a project to create the first stablecoin backed by the Swiss Franc. Smart Valor is a digital assets platform and compliant marketplace for crypto – including security tokens. The Swiss… Read More

Is Regulation Killing The Blockchain? How Blockchain Can Adapt to New Laws While Sticking to its Original Principles

The blockchain has revolutionized a number of industries, but none so much as the financial sector. From equity crowdfunding platforms which allow users to buy shares in projects with tokens, to startups raising funds through initial coin offerings (ICOs), to token exchanges where users can… Read More

Sign of the Times? APO Group Issues Press Release on Own Behalf Alleging Fraud by Crypto Miner – Watts Miners

APO Group, formerly known as African Press Organization, is a press release distribution company that is headquartered in Lausanne, Switzerland – according to its website. Today, it is distributing a press release on its own behalf that is quite publicly accusing Watts Miners, a crypto mining… Read More

Blockchain Application Developer Aave Launches New Loans Platform; Signs Crowdlender Platform Cashare As First Client

Aave, a UK-based tech company which specializes in the development of decentralized and hybrid blockchain applications, announced on Thursday the launch of Aave Lending, which is described as an efficient SaaS solution for the collateralization of loans. The blockchain application developer also reported that it signed its… Read More

Swiss Loyalty Token qiibee Adds American Express Executive as Lead Advisor, Crowdsale Ongoing

qiibee, a loyalty token protocol that wants to power corporate loyalty programs on the blockchain, has enlisted Chris Cracchiolo as lead advisor. Cracchiolo has been with American Express since 2002 and currently serves as Vice President and General Manager of Global Membership Rewards and Loyalty Benefits,… Read More

Nummo Secures $1.9 Million USD Through Seed Funding Round; Launches Personal Finance Platform

Nummo announced on Tuesday it secured $1.9 million in seed funding and officially launched its personal finance management platform. Founded in 2016, Nummo describes itself as a personal financial management platform that empowers its users to live better by helping them manage, maintain and improve your… Read More

Swiss Bankers Association Partners with Crypto Valley Association as New & Old Meet to Support Blockchain Companies

The Swiss Bankers Association (SBA) has published guidelines for opening corporate accounts for blockchain based firms. The SBA action was taken with the support of the Crypto Valley Association (CVA) in an interesting alliance of new finance and old. Switzerland has gained a global reputation as… Read More

ILA Capital Partners with Swiss Firm Woodman on Marketplace Lending Fund

Boston based funding manager, ILA Capital, has partnered with Switzerland based Woodman Group to launch a machine learning, marketplace lending fund. ILA said the fund has an initial commitment of $100 million. The Fund will have a short duration, high yield strategy that primarily invests… Read More

Swiss Financial Regulator FINMA Publishes Brief Outline on Virtual Currencies & Regulation

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

The Swiss Financial Market Supervisory Authority (FINMA) has recently published a rather brief document on virtual currencies. These virtual currencies are similar to Bitcoin or, perhaps Ethereum, as they are used as a method of payment and transactions. The document states: “Switzerland has no regulations… Read More

Tripoint Global’s BANQ Platform Lists First Security Token VOX

Talketh

BANQ, an online investment platform and part of Tripoint Global Equities, has listed its first security token offering (STO). According to BANQ, Horizon Globex GmbH in Switzerland is issuing VOX security tokens as part of its Talketh crypto payments and communication service. The VOX tokens… Read More

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