Sweden is Testing the e-Krona
The Riksbank has implemented a public procurement of a technology supplier to the e-krona pilot project and intends to sign an agreement with consulting company Accenture. The primary objective of the e-krona pilot project is to broaden the bank’s understanding
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Insurance Industry Headings Towards Marketplace Model: World Insurtech Report
The insurance industry is undergoing a fundamental transformation, fueled by evolving customer expectations, innovative offerings and new players entering the market. In this rapidly changing landscape, incumbents must recognize the needs and preferences of an emerging generation of policyholders, and
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Innovation Garage of Generali Switzerland to Become “House of Insurtech Switzerland”
Generali Switzerland has successfully promoted topics such as open innovation and corp-ups (cooperation between corporations and start-ups) through its Innovation Garage. In future, the Innovation Garage will operate on the market as an independent company, HITS. The fundamental transformation brought
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SIX Acquires Stakes in daura and Joins Trusted Digital Asset Ecosystem
Players in the Swiss ecosystem for digital assets are joining forces: the digital asset collaboration between Swisscom, daura, Sygnum Bank, Custodigit and MME will now include SIX. SIX is acquiring a stake in daura AG. This cooperation will strengthen the
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Coordinated Stablecoin EU Approach / Switzerland Rejects Cryptofranc Proposal
The European Council and Commission have issued a joint statement in which the two bodies call for a “coordinated approach” in regulating crypto-assets. The statement puts a focus on so-called stablecoins which, given their global nature, pose multifaceted challenges and
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200,000 Francs for F10 Startups Thanks to Its Own Pre-Seed Fund
The Swiss Fintech Accelerator F10 launched its Pre-Seed Fund, expanding its line of products and services for its early stage Startups participating in the P2 «Prototype to Product» program. With more than 350 applications dropping in from around the world
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Revolut for Business: Company and Freelancer Accounts Reinvented
In 2017, digital banking startup Revolut launched business accounts in Europe, promising small and medium-sized enterprises (SMEs) in the region a banking product that saves them both time and money. Revolut for Business, the company’s business offering, comes with a
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Swiss Bankers lanciert Geldtransfer Lösung “Send” in Kooperation mit Mastercard
Swiss Bankers startet den neuen Geldtransferservice «Send» auf Basis der «Mastercard Send»-Plattform. In Zusammenarbeit mit Mastercard bietet der Schweizer Herausgeber von Prepaid-Karten ab sofort Konsumenten die Möglichkeit, Geld per App sicher in 18 Länder zu versenden. Gelder können auf Bankkonten,
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Swiss Health Insurtech Startup Raised in Total 70 million Swiss Francs
The Swiss health technology and insurtech company dacadoo completed its C-round capital increase to secure funding for its global growth strategy. Over the past few years, the company has now raised total funding of 70 million Swiss Francs. dacadoo develops
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14 Hottest Digital-First Challenger Banks by Country in Europe
Europe has been the bright spot for challenger banks and neobanks over the past decade. Since 2011, European neobanks’ customer base has grown by more than 15 million, according to a research by AT Kearney. It’s projected that by 2023,
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