Switzerland’s Neon scraps abroad card fees to win more users
The challenger tries to win ground from UK’s Revolut and Germany’s N26.
Switzerland
Central banks in Europe, Japan and Canada assess potential digital currencies
Central banks in Canada, the UK, Japan, Switzerland, and Sweden are teaming up.
Challenger Longevity Bank positions itself for the silver generation
EXCLUSIVE: Co-founder Sergey Balasanyan tells FinTech Futures of his 2020 plans with the neobank.
UBS overhauls wealth management business, plans 500 job cuts
Three levels of management will be erased.
BNP Paribas extends deal with Temenos
The two are agreeing to work together until 2028.
Virtual ATM provider Sonect raises $8.6m in Series A
The start-up raised CHF 8.45 million from existing investors in this round, which was oversubscribed.
Cornèr Bank launches first biometric credit card in Switzerland
The credit card will be issued to an initial 100 customers.
Avaloq completes Derivative Partners acquisition
Zurich-based Derivative Partners to remain independent for the time being.
UBS boss fears Europe’s banks are ‘too small to survive’
Ermotti says it’s no longer a question of ‘too big to fail’.
Crypto bank SEBA launches Swiss offering after FINMA greenlight
SEBA secured its banking licence in August 2019.
Avaloq lays groundwork for 2020 sale
Swiss firm’s divestment from Warburh Pincus is picking up steam.
Swiss lender Tallyon targets wealthy with crypto founder, applies for banking licence
Lender says it will use new technology to avoid “legacy burdens”.
GMG, Wecan and Capelli bring blockchain to real estate sector
The product is dubbed ‘Wecan Tokenize’.
RegTech startup Apiax raises $6.6m in Series A round
Firm aims to digitise regulatory compliance into binary code.
Libra publishes signed charter with 21 members, inc. Spotify, Uber and PayU
Libra’s meeting also agreed on board members and staff.
How to thrive in an ever changing market, a conversation with the COO of Qualco
Spyros Retzekas, COO at Qualco says agility is the key.
Unigestion migrates to the cloud with SimCorp Dimension
Asset manager transitions from on-premises to an outsourced model.
Credit Suisse mulls return to US private banking to serve LatAm’s wealthiest
The bank is looking to add $15 billion in assets to a new Miami base.
Regulators could delay Facebook’s Libra launch, says executive
Libra’s MD says regulators must be “fully onboard” first.
Digital assets focused SEBA receives Swiss banking licence
It is being hailed as a milestone for the blockchain and digital asset economy.
Swiss fintech start-up Numbrs reaches unicorn status
Numbrs raised $40 million, pushing it over $1 billion in value.
Banque Morval and Intesa Sanpaolo unite on Avaloq’s core banking tech
The project took nine months to complete.
Close Brothers picks Deposit Solutions’ Swiss direct B2C channel
Savedo will enable the collection of euro retail deposits from Switzerland.
Mastercard acquires Nets’ real-time payment business
Nets’ Corporate Services business offers a gateway into several European markets
Crealogix moves to SaaS model
Profits have fallen but sales increased to over $100 million.
Avaloq buys Swiss structured products firm Derivative Partners
The acquired niche company provides market information and tools for clients in Switzerland and the rest of Europe.
Avaloq Community Conference 2019: readiness for an uncertain future
Setting out the five basic steps for the bank sector to follow, with digitisation at the heart.
Facebook eyes payments market with new Swiss fintech
Social network has registered the company in Geneva.
Swiss bank prepares for PSD2 API regulations
It will provide APIs for third-parties for the Cornèrcard in the UK and Liechtenstein and Diners Club Card Italy.
US modern card issuer Marqeta signs first Europe deals
Partnerships with companies in France, Scandinavia, Spain and Switzerland.
Swiss fintech opens up alternative investments market with new platform
Ambitions to become leading global marketplace.
Integral delivers mobile trading app for Arab Bank in Switzerland
Integral’s solutions are used by banks, brokers and asset managers in the foreign exchange market.
Julius Baer enters crypto arena with SEBA stake
Swiss duo plans tech bridge between traditional and digital assets worlds.
Wealthtech Pictet picks NetGuardians for fraud fight
Swiss wealth and asset manager seeks better protection.
Swiss corporate challenger bank Initium enters fintech arena
Plans to build a multi-jurisdictional corporate banking group.
Swiss stock exchange’s blockchain bourse delays launch
SDX trading platform now coming in the second half of this year.
All Raiffeisen banks in Switzerland finally live on Avaloq
Core banking project was delayed, but 900 sites are now up and running.
Falcon Private Bank unleashes crypto transfers
Swiss bank offering selected cryptocurrencies for private and institutional clients.
Swiss fintech KiWi gets $3m funding for SME lending and payments
To expand in Mexico and neighbouring markets.
Wirecard on time for Swatch watch payments
Deal means users can add digital boon cards to SwatchPAY!
