Thursday , March 28 2024
Home / Tag Archives: 6c.) Fintechnews (page 3)

Tag Archives: 6c.) Fintechnews

Formula 1 Sponsorship Deals with Blockchain Companies Shrink Amid Crypto Scandals and Bear Market

After a buoyant year 2022, sponsorship deals with blockchain and cryptocurrency companies for the Formula One (F1) race are shrinking this year on the back of high-profile collapses and turbulent markets. A Bloomberg analysis found that while all teams had at least one crypto-native sponsors in 2022, that proportion declined to 70% this year, as of June. The trend suggests that F1 may be re-evaluating its ties with the crypto industry amid the FTX scandal and a...

Read More »

30 Must-Attend Sessions at Money20/20 Europe 2023

Money20/20, one of the world’s largest fintech event series, is coming back on June 06-08 at the RAI Amsterdam Convention Centre in Amsterdam for its annual European edition. This year’s event is expected to host over 300 industry-leading speakers, including visionary executives from global banks like HSBC, Barclays, and J.P. Morgan; trailblazing fintech companies like GoCardless, Stripe, and Plum; as well as representatives from national and supranational European...

Read More »

Swiss Banks Unlikely to Migrate to Blockchain, DLT Systems, Says SNB Advisor

While some banks have started experimenting with blockchain and distributed ledger technology (DLT), widespread migration to these systems are unlikely to occur due to a number of roadblocks, including regulatory and compliance challenges, the high costs of the endeavor, as well as uncertainties about the long-term benefits and potential disruption of the technology on existing business models, Benjamin Müller, an advisor on banking operations for the Swiss National...

Read More »

Kanton Zug Increases Maximum Tax Payment Amount With Cryptos to CHF 1.5 Million

The Canton of Zug is increasing the transaction limit for tax payments with the cryptocurrencies Bitcoin and Ether from CHF 100,000 to CHF 1.5 million with immediate effect. This measure will facilitate access to digital means of payment and meet the increasing needs of Zug’s population and companies. Heinz Tännler “We are proud that the Canton of Zug has been a pioneer in the use of cryptocurrencies for years. With the increase in the transaction limit, we are...

Read More »

Frankfurt University Forms Master in Blockchain & Digital Assets

Frankfurt School of Finance Center and its Blockchain center designed a new four semester long post-experience master program (MSc) last year. The Frankfurt School’s goal is to provide the expert knowledge necessary to students looking to shape and lead blockchain innovation around the globe and in all industries. Technical and economical understanding on the topics of blockchain, digital assets (including Bitcoin and Ethereum), DeFi, Web3, tokenization, smart...

Read More »

User Authentication Enters New Era, Enabled by Biometrics, Blockchain, AI

Technological advancements, including biometrics, blockchain, encryption and artificial intelligence (AI), are fueling the advent of more efficient and secure authentication mechanisms. New methods and trends including passworldless authentication are already seeing significant traction from customers, which perceive them as not only more convenient than traditional authentication methods but also more reliable, a study by Entrust, an authentication specialist,...

Read More »

SweePay and SMART VALOR Brings Crypto to Masses at National Railways, Retailers

The Swiss crypto exchange SMART VALOR and the financial intermediary SweePay has partnered to ensure that the purchase of cryptocurrencies at Swiss Federal Railways (SBB) ticket machines is simple, smooth and secure. Since 2016, it has been possible to buy crypto at the 1,500 (expected number of ticket machines as of 2023) ticket machines of the SBB. At the SBB ticket machines, users will receive their Bitcoin in a secure paper wallet when they buy the crypto. They...

Read More »

Swiss Central Bank Payment Vision Outlining Focus on DLT, Tokenization and Instant Payments

The Swiss National Bank (SNB) has shared how it intends to “future-proof” the domestic payment ecosystem, outlining its ambition to leverage technologies and processes including tokenization and distributed ledger technology (DLT) to establish an “efficient, reliable and secure ecosystem” that’s geared towards “the future of cashless payments in Switzerland,” SNB governing board member, Andréa Maechler, said during an event on March 30, 2023. The payment system is...

Read More »

The Top 3 European Wealthtech Trends

By 2030, affluent clients with assets of EUR 100,000 and up will have access to a highly diversified range of alternative assets comprising private debt, venture capital (VC), real assets, and more. They will benefit from highly personalized financial plans and advice, enabled by automation technology and data analytics. Additionally, advanced digital platforms and features like portfolio aggregation will provide them with a more frictionless experience. These are...

Read More »

Incore Bank Signs Maerki Baumann as First Client For SDX Ethereum Staking

InCore Bank can now offer Ethereum staking capabilities that are fully compliant with Know-Your-Client (KYC) and Anti-Money-Laundering (AML) regulations to their clients. In this collaboration, InCore Bank provides crypto brokerage, banking operations and custody services, while SDX Web3 provides crypto custody and non-custodial-staking services. The Zurich-based private bank Maerki Baumann launched its crypto strategy in 2019. Apart from corporate accounts for...

Read More »