Category Archive: 6c.) Fintechnews

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Swiss Blockchain-Insurtech Jarowa Raises CHF 12.4 Million Series A for Europe Expansion

2022-08-02

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2022-08-02

JAROWA is a Swiss digital marketplace and transaction platform for insurance companies, property managers, and leasing companies to manage their trusted service providers and digital orders more efficiently. JAROWA has successfully closed its Series A funding round, led by Eos Venture Partners, a strategic venture capital fund focused on InsurTech. The proceeds will be used to further expand JAROWA’s offering throughout Europe.

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SAP Green Tokens Tap Blockchain for Improved Transparency in Plastic Recycling

2022-07-24

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2022-07-24

DIC Corporation, one of Japan’s leading fine chemical manufacturers, is launching a pilot project which seeks to utilize blockchain technology and crypto tokens to improve transparency in plastic recycling and help it meet its environmental, social and governance (ESG) goals.

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New Research Finds Centralization Risks in Public Blockchains, Cryptocurrencies

2022-07-15

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2022-07-15

Despite claims of immutability and decentralization, cryptocurrencies and public blockchains, including Bitcoin and Ethereum, are not quite delivering on their promises and are seeing a concentration of power in the hands of a few players.

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Crypto Companies Put the Brakes on Sports Sponsorship Amid Market Crash

2022-06-29

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2022-06-29

This year’s cryptocurrency crash, which saw the market lose more than half of its value in the span of six months, is threatening to bring sports sponsorship deals to a halt as crypto companies look to cut costs.

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A Look at Switzerland’s Booming Digital Asset Ecosystem

2022-06-08

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2022-06-08

In recent years, Switzerland’s blockchain and digital asset ecosystem has matured rapidly and grown into one of the world’s leading blockchain hubs, a position that’s asserted by its expanding workforce and a rising number of foreign companies setting up operations locally.

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FIFA Announces Partnership With Blockchain Company Algorand

2022-05-05

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2022-05-05

FIFA has teamed up with Zug based blockchain technology company Algorand to agree a sponsorship and technical partnership deal. The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution.

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Swiss and Singapore Regulators Unveil Inaugural Point Zero Forum

2022-04-28

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2022-04-28

The Swiss Secretariat for International Finance (SIF) and Elevandi announced the programme and speaker line-up for the inaugural Point Zero Forum, taking place on 21-23 June in Zurich, Switzerland. Elevandi is a Company Limited by Guarantee (GLC) created by the Monetary Authority of Singapore (MAS) to manage the Singapore Fintech Festival (SFF).

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Social Media Financial Scams Balloon

2022-04-17

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2022-04-17

Around the world, fraudsters are turning to social media platforms like Facebook and Instagram to reach billions of potential victims. As losses continue to pile up, regulators are voicing their concerns, with one going as far as suing a social media giant for not taking sufficient steps to tackle the rampant issue.

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Binance Sets up at Paris’ STATION F to Develop the Web.3 Ecosystem in Europe

2022-04-14

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2022-04-14

Binance, a global blockchain ecosystem and cryptocurrency infrastructure provider, announced the opening of its space in at the startup campus STATION F in Paris.

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Global Blockchain Sector Surged in 2021

2022-04-12

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2022-04-12

2021 was a blockbuster year for the global blockchain sector, which saw funding activity surge, trading volumes balloon and further growth in key segments including custodians, exchanges, decentralized finance (DeFi), as well as non-fungible tokens (NFTs) and the metaverse, a new report by Swiss blockchain-focused investment company CV VC, in collaboration with PwC Switzerland, says.

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Top 20+ Upcoming Fintech Events to Attend in Europe

2022-03-29

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2022-03-29

Technological advances and evolving customer expectations are changing the financial landscape, stimulating fintech development and innovation. To keep up with the burgeoning fintech industry, top-quality fintech events are being organized on a regular basis to educate attendees on the latest trends and enable professionals to build meaningful connections.

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Wolters Kluwer Partners NYDIG to Roll Out Bitcoin Regulatory Risk Assessment

2022-03-20

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2022-03-20

Wolters Kluwer Compliance Solutions has collaborated with Bitcoin company NYDIG to launch the Bitcoin Risk Assessment. The Risk Assessment evaluates a financial institution’s control environment related to its participation in the NYDIG Bitcoin platform.

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Swiss Blockchain Startup Wecan Chooses France for Its Expansion

2022-03-11

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2022-03-11

Wecan Group SA, a Swiss Blockchain software provider used  Swiss private banks, is favoring an expansion in France for its internationalization. Behind this choice: an investment from Michel Reybier, owner of La Réserve hotels, and a selection in the Swave program, an initiative of the French government to attract the most promising fintechs in France.

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Fintech Schweiz Digital Finance News – FintechNewsCH

2022-02-21

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2022-02-21

In Switzerland, Phase II of Project Helvetia has been completed, successfully demonstrating that it is possible to integrate a wholesale CBDC (wCBDC) running on a distributed ledger technology (DLT) platforms into existing core banking systems.

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Google Cloud Meets Digital Assets and Crypto Payments

2022-02-19

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2022-02-19

Blockchain technology is yielding tremendous innovation and value creation for consumers and businesses around the world. As the technology becomes more mainstream, companies need scalable, secure, and sustainable infrastructure on which to grow their businesses and support their networks. Google Cloud believes it can play an important role in this evolution. Building on their existing work with blockchain developers, exchanges, and other...

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Swiss ‘Unicorn’ Banking App Reincarnates as Bitcoin Vault

2022-01-22

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2022-01-22

Swiss fintech company Numbrs has blamed jealous banks for killing off its original business model as a third-party provider of financial products. So it has reinvented itself under the banner of the ultimate bank killer – bitcoin. The company, fêted as a rare Swiss fintech unicorn (worth at least CHF1 billion), has just announced it has transformed into a bitcoin storage vault.

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TransUnion Taps Spring Labs to Bring Credit Data to Public Blockchain Networks

2022-01-18

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2022-01-18

Blockchain-based data-sharing platform Spring Labs announced that is bringing TransUnion’s identity and credit data on-chain to help accelerate Web 3 and DeFi adoption.

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Swiss Crypto Industry Unfazed by New Year Bitcoin Crash

2022-01-10

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2022-01-10

The New Year has started with a sharp fall in the price of bitcoin – and some intriguing stories surrounding the Swiss cryptocurrency scene. The industry is well used to volatility in the price of cryptocurrencies and is ploughing on with expansion plans regardless of how many dollars you can currently get for your bitcoin.

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New Bitcoin Suisse CEO Announced

2022-01-07

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2022-01-07

Bitcoin Suisse announced  that Dr. Dirk Klee, currently CEO Wealth Management & Investments of Barclays UK, will take over as Chief Executive Officer of Bitcoin Suisse as of April 1, 2022. Dr. Arthur Vayloyan will step down from his current role as Chief Executive Officer on March 31, 2022 and will remain a member of the Board of Directors of Bitcoin Suisse.

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The Top 8 Crypto Custodians

2022-01-07

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2022-01-07

As investors increasingly incorporate digital assets into their portfolios, the crypto custody landscape continues to grow and mature. As of late-2021, around US$230 billion worth of digital assets, or about 9% of the total US$2.5 trillion cryptocurrency market, were being stored on the technology solutions of eight crypto custodians, separate research by The Block Research and Blockdata found.

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