Automated advisory platforms, or so-called robo advisors, have been making a lot of noise in the financial services industry because of the high level of automation and efficiency they bring to the table. In a new report entitled ‘AI – The Potential for Automated Advisory in the Insurance Industry,’ Surely Group and ACORD Corp examine the potential of artificial intelligence (AI) in the sales process, what this technology means for consumers, and address how it can significantly disrupt the insurance business, warning that “those who do not have a strategy to deal with AI … may find their business at…

As blockchain has now become a buzzword, Switzerland is gearing up to tap into what could well be one of the most disruptive technologies since the Internet was introduced 20 years ago. “Blockchain is, without question, the most significant advancement in enterprise IT in a decade, on a par with big data and machine learning,” said Jeremy Millar, partner at Magister Advisors and research lead. “What Java is to the Internet, blockchain is to financial services,” he said. More specifically, blockchain technology can process trades, bonds and others in record time, a potential that UBS is intensively exploring with innovation…

Die grösste Anbieterin von Credit Management Services in Europa und der Ident- und E-Signing-Anbieter IDnow starten per 1. März 2016 eine strategische Partnerschaft für die Schweiz im Bereich der Digitalen Identifizierung und E-Signing – rechtssichere Authentifizierung von Endkunden und damit einfache Kontoeröffnung via Live-Video-Chat in wenigen Minuten. Die elektronische Unterschrift zum digitalen Vertragsabschluss rundet das Angebot ab. Intrum Justitia AG Schweiz (Intrum Justitia) und IDnow GmbH (IDnow) vereinbaren eine strategische Partnerschaft im Bereich digitaler Identifizierungsprozesse. So vereinfacht Intrum Justitia ihren Kunden den Schritt in die digitale Verifizierung sowie die digitale Unterschrift ihrer Endkunden – erkennen und verifizieren via komfortablem Live-Video-Chat.…

Switzerland’s first and leading Finance 2.0 & Fintech conference, will be back on March 09, 2016, with a list of high-profile speakers that will tackle all things fintech. In just a few days, the Finance 2.0 Conference will take place in Schiffbau Zurich and is expected to bring together major names from the fintech sector, financial services industry and startup ecosystem, for an event dedicated to innovation and digitalization in the area of finance and banking. The event will be the opportunity for financiers, bankers, investors and startup entrepreneurs to meet, network, and hear some of the world’s leading innovators…

Please find attached the Fintech Switzerland Newsletter. Every 2 weeks we will summarize the most important Fintech and Finance 2.0 News from Switzerland, including Studies, Events and Fintech Jobs. We present in this edition interesting insides about the Fintech ecosystem in Switzerland and some new Swiss Fintech Startups. Furthermore, we offer special discounts for 2 top events. Please join us also on Twitter, where we recently reached 5000 Followers or join the first Fintech Switzerland Facebook Group to stay tuned. In case of any Feedbacks please send us an e-mail Subscribe here for the Newsletter Top Swiss Fintech News True Wealth hält an seinen Zielen fest. Der Grosse Jahresrückblick vom Schweizer ETF Robo-Advisor mit konkreten Zahlen, Finanzprodukt.ch Silicon Valley Meets…

KPMG surveyed 1,500 bank clients about their awareness of and interest in digital wealth management, or robo-advisors. The firm found that while awareness of the robo advising services of popular fintechs including SigFig, Betterment, Wealthfront and FutureAdvisor (8% to 15%) was relatively low, interest in robo-advisor services was high, with 75% of respondents who said they were “very likely or somewhat likely” to consider robo advising services from their banks. The factors that contributed to the growth of digital advice, according to KPMG, include the fact that these solutions provide increased transparency, increased accessibility through low or no minimums and…

Banks and fintech startups should collaborate rather than compete against each other, says Deutsche Bank. In a new whitepaper entitled ‘Fintech 2.0: Creating new opportunities through strategic alliance,’ Germany’s largest bank calls for “a shift in mindset from one of competition to collaboration,” arguing that traditional banking providers and new innovators must work together in order to revolutionize the payments market and the wider financial sector for the benefit of all. “Of course, banks and fintechs have different comparative advantages and weaknesses; factors that need to be identified and combined if they are to deliver technological offerings that meet changing…

KPMG and H2 Ventures have released the second annual ‘Fintech 100,’ highlighting the best fintech innovators from 19 countries. The report presents the leading 50 fintech companies across the globe and 50 “emerging stars.” Among these 100 leaders, 40 come companies from the Americas, 20 from EMEA, 18 from the UK, 12 from Asia and 10 from Australia and New Zealand. 1 emerging start is from Switzerland (Qumram), 1 from Singapore (fastacash) and 5 from Germany (Number 26, Kreditech, Fidor, Sportcap, Friendinsurance) . 25 of them are tackling the payments and transactions segment, 22 are lending companies, 14 are wealth companies and…

Singaporean startup Acebanker offers a mobile app that aims to democratize private banking and make wealth management services accessible and comprehensible to ordinary people. Underneath, there is an algorithmic-based wealth manager with machine-learning capabilities that uses real-world market data to provide independent wealth management advice to individuals based on their demographic profiles, risk tolerances and financial goals. Confused? Here’s how it works: you signup and fill a risk profile survey; the machine-learning algorithm then calculates the “best-fit” portfolio based on the financial attributes of each product in Acebanker’s database, as well as other non-financial attributes; finally, you get to pick…

33 Hinweise Dafür, Dass Das Wachstum Von Bitcoin Auch Im Jahr 2016 Nicht Nachlassen Wird präsentiert vom Portal Gutcher.de

Just a few years ago, no one would have predicted mobile and social media would play a big role in money management. Smartphone penetration is reaching a critical adoption level, and the technology provides new methods for conducting day-to-day financial activities. Considering how established financial players are rather slow in adoption new technologies, FinTech startups have a major advance in the mobile field. Spreading the word on new exchange trading strategies and financial solutions takes place all across social media. In fact, several financial platforms (such as Etoro) can connect to existing social media services such as Facebook and LinkedIn.…

WealthInitiative a Zurich-based fintech startup, has announced the release of its online platform and marketplace that aims to empower wealth managers with a more efficient tool to monitor and manage real estate, art and passion investments. The WealthInitiative platform, launched today, aims to provide wealth managers and top tier wealth institutions with a competitive edge by allowing them to share a network of deals on behalf of their clients in the fields of real estate, art and passion investments. “A basic example would be where you have on one side a client based in Geneva who would like to sell…

Swiss Fintech Report: Domestic startup activities have risen significantly in Switzerland and the country’s excellent pool of knowledge and talent makes it in good progress into becoming a major global fintech hub. However, in order to reach its full potential, the domestic fintech scene needs more governmental support, according to a new report from EY. In the report, entitled “Swiss Fintech Report 2016: The role of Switzerland as a fintech hub,” EY and Swiss Finance + Technology Association look at the Switzerland’s evolving fintech landscape and address the country’s strengths and weaknesses compared with other global financial services hubs such…

MeetInvest seeks to democratize stock market investment with a free service that combines a social media platform and an investor toolkit, bringing in one place all the necessary resources for people to start trading like pros. “We want to empower investors by giving them the same toolkits that the professionals have,” Maria Jacquemai, co-founder of MeetInvest told the Telegraph in an interview. “The financial world wants to keep this kind of information a secret but we have decided to give it away for free.” In 2014, Maria and her husband Michel Jacquemai, founded MeetInvest with an aim to demystify stock…

Smartie is a free online insurance aggregator that allows users to compare insurance products, features and providers, simplifying the buying experience for consumers while improving sales for insurance companies. Alongside being a comparison service, Smartie is also a community of consumers that rate and review health and auto insurance products the same way as Tripadvisor allows users to rate and review hotels. The service brings insurance companies, agents and customers together into a simple and intuitive platform to make buying and selling of insurance services simple and smart. Smartie aims to both increase efficiency and transparency of the insurance market,…

On February 9 and 10, Finovate will bring together the world’s top innovators, fintech entrepreneurs, experts, bankers, VCs and media, at the FinovateEurope 2016 conference, a two-day event entirely dedicated to the future of banking and finance. Hosted at the Old Billingsgate Market Hall in London, FinovateEurope is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. FinovateEurope, but also FinovateFall in New York, FinovateFall in San Jose, FinDevr in San Francisco and FinDevr in New York, are organized by The Finovate Group. These conferences showcase cutting-edge technology in a demo-only format.…

Lend.ch (LEND) is a new Swiss peer-to-peer lending platform that aims to modernize the consumer lending market by allowing investors and borrowers to meet directly and ditch banks as intermediaries. LEND, a registered financial intermediary and a trademark and service of Zurich-based Switzerlend AG, provides a crowdlending platform for private loans that allows borrowers to benefit from fair interest rates (~5-9% compared to 12%, the current average interest rate for consumer loans in Switzerland) and investor from better returns. “Traditional banks dominate the Swiss consumer lending market, with its annual volume of CHF 4 billion. Crowdlending is growing rapidly and…

The Swiss Fintech Award 2016, an initiative by the Finanz & Wirtschaft Forum and Accenture that aims to foster Switzerland’s fintech startup ecosystem, has selected its top ten startups in the competition. Congrats to our Top10! @Advanon @carbondelta @crowdhouse_ch @gobeyondinvest @investglass @Knip @qumram @raisenow @sentifi @WealthArc — Swiss FinTech Award (@FinTechAward) January 21, 2016 SwissawardTop10 @Advanon @crowdhouse_ch @gobeyondinvest @investglass @Knip @qumram @raisenow @sentifi @finnovationCH pic.twitter.com/ZkeEJSlRQP — swissfintech (@swissfintech) 21. Januar 2016 Announced on January 18, following the Accenture Boot Camp held in Zurich, the semi-finalists will now head to the “Speed Dating” phase consisting in presenting their sales pitch in…

SwipeStox, the self-proclaimed “Tinder for trading,” lets you “swipe and trade” following advices from successful professional traders, who themselves make cash when being copied. Created by the Naga Group AG, a Hamburg-based fintech firm founded in October 2015, SwipeFox is a mobile social trading app that allows people to trade Forex, Indices and CFDs by copying other trades created by from experienced traders. SwipeStox, headquartered in London, is built on a large community of both novice and professional traders and intends to “bring social trading to every single smartphone worldwide,” allowing everyone to gain access to the knowledge of the…

Paymit, mit aktuell rund 170’000 Downloads die meistverbreitete Bezahl-App der Schweiz, expandiert weiter. Nach SIX, UBS und der Zürcher Kantonalbank bietet ab heute die Luzerner Kantonalbank ihren Kunden Paymit in einer eigenen App an. Im Februar werden Raiffeisen und Banque Cantonale Vaudoise Paymit für ihre Kunden lancieren. Die entsprechenden Paymit Apps werden im Apple App Store und im Google Play Store zum Download verfügbar sein. Schneller Einstieg mit Swisscom Service für Banken Raiffeisen sowie die Kantonalbanken aus Genf, Obwalden, St. Gallen und Zug setzen auf das neue Angebot „Paymit as a Service“ von Swisscom. Zusammen mit dem Entwicklungspartner ti&m und…