Cloud-loving Temenos launches front-end and core banking products
Introducing Infinity and T24 Transact.
Switzerland
Accenture ups wealth game with Orbium acquisition
Orbium is Avaloq’s partner and system integrator.
DTCC gets approved for activities in Switzerland
Depository Trust and Clearing Corporation will offer Swiss-compliant trade reporting services.
Everything you need to know about blockchain in Switzerland
Switzerland has introduced a comprehensive legal framework for regulating blockchain on a national level.
Remittance comparison site Monito gets £2.5m funding
Supported by Swiss media group Tamedia.
UBS fined $15m for AML malpractices
Bank hit by a trio of regulators for money laundering fails.
Swiss government preps for blockchain bonanza
Federal Council wants to exploit digital opportunities with friendly framework.
Avaloq and Gazprombank go crypto for wealthtech
The bank will offer crypto-asset investments from mid-2019.
Swiss seek fintech action with laid-back licence offer
Parliament chills out by offering a licence with relaxed requirements.
Lendico Switzerland deploys Mambu’s core banking system
This is Mambu’s first implementation in Switzerland, FinTech Futures understands.
Swiss watchdog investigates Credit Suisse and UBS over Apple payments boycott
Alleged boycott of Apple Pay and Samsung Pay in favour of TWINT.
SIX FinTech Ventures invests in Vestr and Shift Cryptosecurity
SIX’s Swiss venture fund makes first two fintech investments.
Digital disruption is shaking up the worlds of watchmaking and finance
The Swiss watchmaking and finance industries will need to draw on their own heritage to respond to digital disruption.
SEBA receives $103m funding to merge crypto and traditional banking
Investors include BlackRiver Asset Management and Summer Capital.
Nummo closes $1.9m funding and sets up Advisory Council
The PFM firm aims to expand its offering.
Contovista brightens up data for Swiss start-up Neon
Neon will use Contovista technology for its payment data analysis needs.
Switzerland relaxes AML rules for small fintech firms
For companies with gross revenues of less than CHF 1.5m ($1.53m).
Sentifi savours success at Swisscom start-up challenge
Swiss firm bested more than 230 rivals to win the challenge.
IBIS3G core banking system lives on
Berner Kantonalbank will develop it to IBIS4D.
Swiss stock exchange to build digital asset trading service
SIX Digital Exchange will offer trading, settlement and custody infrastructure.
Trade.io launches crypto-to-crypto exchange
Lugano-based exchange backed by a $50 million liquidity pool.
Luxoft smashes it with Smashing Ideas acquisition
Smashing, lovely, super. Purchase bolsters digital research, strategy and design.
From hype to reality: Switzerland has progressed into a major global fintech hub
Study finds Switzerland has “ideal conditions” for the fintech sector to flourish.
IBM to revamp Avaloq’s IT model in cloud capabilities transformation
IBM and Avaloq tackle cloud infrastructure in the Swiss market.
Survey on payment methods 2017 – Swiss National Bank
Survey on payment behaviour and the use of cash in Switzerland.
Avaloq takes 10% stake in blockchain firm Metaco
Core banking software vendor Avaloq muscles into blockchain space.
Intesa Sanpaolo Private Bank swaps ERI’s Olympic for Avaloq’s core banking tech
The new system installed on a Business-Process-as-a-Service (BPaaS) basis.
Edmond de Rothschild moves core mainframe system to LzLabs
Hops over to LzLabs’ Linux-based alternative, running on x86 servers.
Finastra acquires Olfa Soft for treasury revelry
Gets its hands on an eFX trading solution which covers post-trade and payments.
PostFinance in core banking tech upgrade
Swiss Post’s financial services arm will be updating its core banking software over the Easter weekend.
EFG and BSI unite on Temenos T24 core banking system
The BSI business was moved from Avaloq Banking Suite onto Temenos’ T24.
Fintech: the hottest industry in Switzerland
Marc Bernegger, Swiss entrepreneur, talks about fintech and the changes it is bringing to the finance industry.
Hypothekarbank Lenzburg unveils virtual ATMs
Swiss bank’s customers can withdraw cash from virtual ATMs with their smartphone.
Scalable Capital launches in Switzerland
Gruetzi mitenand! The UK-based robo advisor is in an Alpine arrival.
PostFinance has crack at Swiss jackpot with new chatbot
Sprechen Sie Deutsch? Switzerland’s PostFinance has unveiled a German language virtual assistant on its website – generating automatic replies to customers’ most frequently asked questions. PostFinance, keen to tap into the fintech zeitgeist for artificial intelligence (AI), says it’s the “first Swiss financial institution” to launch such a chatbot. It was developed by the IT […]
PoC-ketful of fintech pinnacles for Kickstart Accelerator
Fintech is running like clockwork in Switzerland as over 30 proof of concepts (PoCs) and partnerships have been secured at Zurich-based Kickstart Accelerator’s tech programme. The accelerator – an initiative of digitalswitzerland and operated by Impact Hub Zurich – saw 29 start-ups as well as an intrapreneur team from AXA Winterthur and Swisscom working in […]
Raiffeisen Switzerland sheds its stake in core banking tech vendor Avaloq
Raiffeisen, the third largest banking group in Switzerland, is selling its 10% stake in core banking tech vendor Avaloq to private equity firm Warburg Pincus.
Edmond de Rothschild live with new core banking system, Avaloq Banking Suite
Banque Privée Edmond de Rothschild (EDR) has gone live with a new core banking platform for its Swiss operations, Avaloq Banking Suite, supplied by Avaloq.
Falcon plans to feather more nests with new digital platform
Zurich-based Falcon Private Bank has unveiled a new digital platform, Falcon Pulse, as it looks to boost its ambitions in wealth management. Main features will include an algo trader that daily rebalances a portfolio’s asset allocation to “optimise” performance as well as an idea generating tool that will screen market information to offer the “best […]
Luxoft Financial Services acquires Unafortis for new global Avaloq practice
Luxoft Financial Services is moving into the Avaloq implementation and consulting business with the acquisition of Unafortis, a Swiss wealth management consultancy firm.
