Search Results for "helvetia"
BIS Completes Wholesale Digital Currency Project With France and Swiss Regulators
Banque de France (BdF), Swiss National Bank (SNB) and Bank for International Settlements’ (BIS) Innovation Hub have successfully completed Project Jura, an experiment in cross-border wholesale central bank digital currencies (wCBDCs). The project was completed by a consortium led by
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17 Fintech and Proptech Startups That Bagged the TOP 100 Swiss Startup Award
The 11th edition of the TOP 100 Swiss Startup Award which looks to celebrate Switzerland’s best startups has announced its list of winners this year. The award was organised by Venturelab and facilitated by its presenting partners Credit Suisse and
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Swiss Proptech Firm PriceHubble Bags US$34 Million for Its International Expansion Plans
Swiss B2B proptech startup PriceHubble announced that it has successfully completed its Series B funding round and raised US$ 34 million. The financing round was strongly oversubscribed and led by Digital+ Partners, a European growth equity investor. Latitude Ventures, the
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Central Bank Digital Currency: Non-Implementation Poses Risks Too, Warns Swiss Bankers Association
At a time when central banks around the world are ramping up digital currency plans, Switzerland’s inactivity and possible “non-implementation” of a central bank digital currency (CBDC) could, in the long run, jeopardize the country’s competitiveness, and turn it into
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BIS Backs the Development of Central Bank Digital Currencies
The Bank for International Settlements (BIS) said in an annual report that it backs the development of central bank digital currencies (CBDCs). The Annual Economic Report 2021 said that CBDCs are “moving from concept to practical design and renew the
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Swiss and French Central Banks to Pilot Wholesale CBDC Project
The Swiss National Bank, the Banque de France and the BIS Innovation Hub announced that, together with a private sector consortium led by Accenture, they will conduct an experiment using wholesale central bank digital currencies (wholesale CBDC) for crossborder settlement.
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Swiss Neobank Neon Bags CHF 7 Million, Offers Equity Crowdfunding to Customers
The Zurich-based challenger bank neon announced that it has received funding of 7 million CHF from its pre-existing investors. Thsi includes TX Group, BackBone Ventures, QoQa Services SA, the Helvetia Venture Fund, the Schwyzer Kantonalbank’s innovation foundation, as well as
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6 Startups to Know in Italy’s Booming Insurtech Sector
Italy, one of the main European insurance markets, has a rich insurtech sector that has witnessed exponential growth on the back of booming investment and increasing collaboration with incumbents to develop innovative products and services. Industry trade group Italian Insurtech
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Central Banks Ramp up Digital Currency Plans
Around the world, interest in central bank digital currency (CBDC) is growing in response to changes in payments, finance and technology, and on the back of rising digital adoption triggered by COVID-19. A 2021 survey of central banks conducted by
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How Policy Makers Around the World are Addressing Asset Tokenization
Applications of blockchain and distributed ledger technology (DLT) in finance have proliferated in recent years, forcing policy makers around the world to step in and formulate rules in regard to asset tokenization. In a report released in January 2021, the
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