Tag "Switzerland"
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 costs of the endeavor, as
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Swiss Central Bank Payment Vision Outlining Focus on DLT, Tokenization and Instant Payments
The Swiss National Bank (SNB) has shared how it intends to “future-proof” the domestic payment ecosystem, outlining its ambition to leverage technologies and processes including tokenization and distributed ledger technology (DLT) to establish an “efficient, reliable and secure ecosystem” that’s
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Swiss Fintech Study 2022: Fintech Sector Rebounds After 2021 Decline
After a market slump in 2021, the Swiss fintech industry rebounded in 2022, with the number of companies operating in the sector rising, investment increasing, and banking incumbents stepping up their digitalization game, a new report by the Lucerne University
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Fintech Takes Second Place in Swiss Startup Funding; Secures CHF 910M in 2022
In 2022, Swiss fintech companies secured a total of CHF 910 million, a figure that puts the sector at the second position in terms of startup funding raised last year, data from a new report by news portal startupticker.ch and
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2022’s Top 10 Fintech Deals in Switzerland
2022 was a blockbuster year for fintech funding in Switzerland. The year saw companies in the sector secure a total of US$1.4 billion, representing a 29% increase from 2021, new data from Fintech Global, a fintech information and data provider,
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14 Swiss Venture Capitalists Fintech Startups Should Watch in 2023
Despite a challenging global funding landscape, Swiss startups continued to see notable traction in 2022, securing a record of CHF 3.8 billion in funding between January and November, data from Startup.ch show. The sum represents a 27% increase compared to
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IFZ Insurtech Study: European Insurtech Industry Increased 20% This Year
Over the past year, Europe’s insurtech industry has seen the addition of more than 100 companies, bringing the total number of insurtech firms in the continent to 598, a new report by the Swiss Institute of Financial Services Zug IFZ
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17 Rising Fintech DACH Stars that Went Live in 2022
Fintech Innovators has released its annual report featuring the most exciting and fastest-growing fintech and insurtech companies across Germany, Austria and Switzerland (DACH). Produced in collaboration with robo-advisory platform Inno Invest, startup acceleration program German Accelerator, consulting firm KPMG and
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Swiss Digital Bank Alpian Ramps up Athlete Endorsements to Appeal to the Mass Affluent
Swiss digital bank Alpian has announced the appointment of Sébastien Buemi as honorary “chief inspiration officer,” adding the Swiss professional racing driver to its list of existing brand ambassadors, among which tennis world champion Belinda Bencic and freestyle snowboarder and
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Swiss Universal Banks Top Digital Performance Ranking Ahead of Neobanks and Challengers
Traditional banking institutions are performing better than digital challengers on their digital presence, engagement, social media and app usage, according to Colombus Consulting’s latest edition of the Digital Index and Performance of Swiss Players report. The study, which looks at
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