Banking & Fintech

Digital grassroots response to government bailouts

This content was published on Apr 15, 2020 The MAVN Alliance of technology, business and political actors wants to help companies help themselves out of the Covid-19 crisis.

Swiss banks bow to pressure to delay half of dividend payments

This content was published on Apr 9, 2020 UBS and Credit Suisse have asked shareholders to accept a delay of several months for half of their dividend payments this year.

Swiss consortium launches bitcoin on Tezos blockchain

This content was published on Apr 8, 2020 A consortium of Swiss cryptocurrency companies has incorporated bitcoin onto the Tezos blockchain. The move brings Tezos, which has based its foundation in Switzerland, a step closer to rival blockchain Ethereum.

Swiss regulator cracks down on fraudulent crypto activities

This content was published on Apr 2, 2020 The fundraising activity is designed to make it easier for start-ups to raise capital, but it has also attracted a number of fraudulent operators. The Swiss Financial Market Supervisory Authority (FINMA) investigated 60 ICOs in 2019, according to its annual report. More than ten violated anti-money laundering rules, leading to charges being laid against the people…

Numerous EasyJet planes have been parked on the tarmac at Geneva Airport

EasyJet Switzerland seeks state aid as virus empties skies

This content was published on Mar 31, 2020 After grounding its fleet of planes on Monday, EasyJet Switzerland has confirmed that it is hoping to receive Swiss state aid.

Sygnum bank creates digital version of Swiss franc for trading

This content was published on Mar 23, 2020 Sygnum bank has launched a digital version of the Swiss franc (DCHF) to allow faster payments when trading a new breed of securities. The DCHF digital tokens will be backed by the corresponding amount of Swiss francs that Sygnum will hold at the Swiss National Bank (SNB).

Swiss International Air Lines hopes to receive state aid over coronavirus

This content was published on Mar 15, 2020 The boss of Swiss International Air Lines (SWISS) says he hopes the Swiss state will step in to help it deal with the impact of the novel coronavirus.

Switzerland awards first fintech banking license

This content was published on Mar 13, 2020 The bank is building a community-style customer base known as “Yapsters” who will be among the first to try out its services based around their own needs. This might include a new style of account for customers’ children or a robo-advisory service that balances income, fixed household costs and a client’s desire for different goods. YAPEALExternal…