Charlotte Crosswell Appointed as Chair of UK’s New Fintech Hub CFIT
The UK’s newly established Centre for Finance, Innovation and Technology (CFIT) has named Charlotte Crosswell OBE as its first Chair, starting on 4 January 2023. Crosswell is the current Chair and Trustee of the Open Banking Implementation Entity (OBIE). Previously,
Read MoreBIS To Develop Scalable, Resilient and Privacy-Focused Prototype CBDC
The BIS Innovation Hub’s Swiss Centre has launched Tourbillon, a new project that explores improving cyber resiliency, scalability and privacy in a prototype central bank digital currency (CBDC). Central banks have identified cyber resiliency, scalability and privacy as core features
Read MoreJ.P. Morgan and Mastercard Launch Pay-by-Bank Service
J.P. Morgan Payments and Mastercard have launched Pay-by-Bank to enable consumers to permission their financial data to be shared so they can pay bills directly from their bank account. The service means that consumers will not need to type in
Read MoreBaloise and UBS Increase Their Stake in Proptech Houzy
Swiss insurtech Baloise and UBS have increased their stake in Houzy, a proptech startup which supports owners of houses and apartments with their property-related needs. Both Baloise and UBS invested in Houzy at an early stage and this announcement emphasises
Read MoreAdoption of Digital Assets Among Institutional Investors Increases
Despite turbulent conditions in the crypto markets, adoption of digital assets among institutional investors is increasing worldwide, driven by improved perception of the emerging asset class and investors’ attraction to the prospect of high returns, according to the Fidelity Digital
Read MoreKomplett digitale und schnelle Kreditvergabe führt zu Win-Win
Die Digitalisierung schreitet in allen Branchen schnell voran – auch im Finanzsektor. Online-Banking und Banking Apps gehören nun zum festen Bestandteil der meisten Schweizer Kreditinstitute. Und nicht nur die jüngeren Generationen nutzen die digitalen Angebote, sondern immer häufiger auch ältere
Read MoreDACH Insurtech Industry Has Grown 45% Over the Past Year
In Germany, Austria, Switzerland and Liechtenstein, also referred to as the DACH region, the insurtech space is growing at a promising pace. Over the past year, the sector has increased by 45%, rising from 141 players in March 2021 to
Read MoreSplint Invest sichert sich 500’000 Franken in der «Die Höhle der Löwen»
Das Zuger Wealhtech-Startup Splint Invest konnte sich bei der Schweizer Ausgabe von «Die Höhle der Löwen» ein Investment von 500’000 Franken sichern. Mit der gleichnamigen App ermöglicht das Team rund um die Solothurner Gründer Mario von Bergen, Robin Muster und
Read MoreEl Salvador and Switzerland Share Common Love of Burgers and Bitcoin
El Salvador has partnered with the Swiss city of Lugano to promote bitcoin adoption. It’s an unlikely partnership and an obscure reason to join forces, but for both parties this is an earnest and worthwhile endeavour. The glue that binds
Read MoreThe Rise of IDtech: Next-Gen Digital Identity Verification
A revolution is taking place in the field of digital identity, driven by advances in technology, rapid adoption of digital tools and online channels, and soaring identity fraud activity. So-called IDtech providers are arising on the back of COVID-19 and
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