PYMNTS

OCTOBER 1, 2019

Cryptocurrency pursuits conducted without supervision are more concerning to Switzerland than Facebook’s Libra coin, Reuters reported on Tuesday (Oct. The social media giant formed the Libra Association based in Geneva, Switzerland to oversee the coin. and around the world have been skeptical.

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social media cryptocurrency Regulation blockchain 144

PYMNTS

AUGUST 27, 2019

The cryptocurrency has a potential release date of 2020, and Facebook said it would be issued and regulated by the Geneva, Switzerland-based “Libra Association.”. billion people around the world without access to a bank account to the world of digital payments at low or no cost.

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cryptocurrency Policies Regulation blockchain 144

TheGuardian

FEBRUARY 20, 2022

As James Bond quipped in The World Is Not Enough: “If you can’t trust a Swiss banker, what’s the world come to?” Switzerland dismisses such stereotypes as lazy and outdated. From thrillers to spy novels, Swiss bankers are depicted as discreet men in suits who know which questions not to ask.

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Taxes 98

TheGuardian

MARCH 19, 2023

UBS agrees to takeover of stricken Credit Suisse for $3.25bn Top central banks, faced with the risk of a fast-moving loss of confidence in the stability of the financial system, have moved to bolster the flow of cash around the world. Continue reading.

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PYMNTS

SEPTEMBER 20, 2019

Regulators and lawmakers around the world have expressed opposition to Facebook’s plan, especially France and Germany , who have said they would block the use of Libra if it was ever released. Libra will be a stablecoin, meaning it will be backed by real-world currency like bank deposits and short-term securities.

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cryptocurrency Regulation Bitcoin Policies 109

PYMNTS

APRIL 9, 2020

As reported by Cointelegraph.com , scammers use official-sounding names, such as the phony “World Olympic Sports Foundation,” to pitch fake investments in special products and “commercial developments” pertaining to the Olympics. As part of the scam, the crooks may make reference to the Tokyo Olympics Torch Relay.

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blockchain Groups Fraud cryptocurrency 166

PYMNTS

OCTOBER 19, 2020

Switzerland has mirrored Italy in implementing an intra-country face covering requirement in every public space beginning on Monday. million confirmed cases per the World Health Organization. Also, the Republic of Ireland will transition into “Level Five” limitations, ABC News reported. On Monday (Oct. The United States has 7.9

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United States Regional Policies National 229

PYMNTS

JANUARY 18, 2022

The CEO and CFO of the BitMEX cryptocurrency derivatives exchange announced today that they have reached an agreement to purchase a 268-year-old German bank in order to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland.”. user ban.”.

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Regulation cryptocurrency Groups Innovation 169

PYMNTS

NOVEMBER 16, 2020

The trend has played out throughout the developed world and has given QR codes a new lease on life. We are thrilled that PayPal and Venmo QR codes will help to maintain the safety of CVS customers and employees, especially in the essential pharmacy retail environment as we go into the winter months.".

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Payments United States Retail Resources 264

PYMNTS

FEBRUARY 6, 2020

Switzerland, Sweden, Canada and Japan, as well as the European Central Bank (ECB), partnered with the BIS to collaborate on the development of central bank digital currencies (CBDC). Last month, the World Economic Forum created a consortium dedicated to designing a framework for digital currency governance. trillion by 2025.

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Meeting Conference Guidelines Washington 251

Chris Skinner

JUNE 26, 2017

It was exactly 50 years ago today that the world’s first ATM was unveiled at a Barclays branch in Enfield, London. Barclays Bank unveiled its first cash machine in the UK in 1967. “It struck me there must be a way I could get my own money, anywhere in the world or the UK,” he told the BBC in 2007. “I

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The Paypers

AUGUST 26, 2022

Switzerland-based NearPay , a crypto finance protocol, has launched virtual crypto cards and its Wallet for iOS and Android to bring the digital banking experience to the world of crypto.

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Cards Digital Banking 41

Let's Talk Payments

NOVEMBER 1, 2016

Although Switzerland does not always get appropriate attention as a global FinTech hub, that doesn’t change the fact that the country has one of the most advanced economies, startup ecosystems.

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Fintech Groups US Bitcoin 40

Chris Skinner

MAY 10, 2017

London has been leading the charge to be the FinTech capital of the world, but many other cities are nipping at their toes. By taking proactive steps, Hong Kong could become the leading FinTech centre within the region and one of the leading centres in the world. So I was intrigued to see Hong Kong issue their FinTech strategy today.

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Strategy Fintech Regional Technology 271

PYMNTS

JANUARY 22, 2019

At the World Economic Forum in Davos, Switzerland, executives of PayPal and Mastercard touted partnerships between financial technology companies and banks as a positive way to gain customers’ trust and innovate new ways for customers to interact with their finances. On Tuesday (Jan.

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Fintech Apple User Experience Examples 194

PYMNTS

APRIL 17, 2019

Welcome to The Axis, your late look at payments news from around the world. Citcon reportedly notched $5 million in Series B funding, Credit Suisse customers in Switzerland will be able to make payments through Samsung Pay and the use of mobile payments is growing in South Korea.

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Samsung Mobile America California 115

PYMNTS

DECEMBER 18, 2018

The acquisition will allow TransferMate direct access to one of the most important financial hubs in the world. Devisenwerk is an exciting and innovative young company, which gives us immediate market entry into Switzerland, allowing us to both pay out and collect in a very significant market for corporates,” Fitzmaurice said.

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Payments United States US Innovation 127

PYMNTS

NOVEMBER 14, 2018

Kaspersky Lab has announced the opening of its first Transparency Center, located in Zurich Switzerland. Through the new Transparency Center, also in Switzerland, trusted partners and governments will be able to see external reviews of our products and make up their own minds.

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Security Data Industry Analysis 109

PYMNTS

SEPTEMBER 17, 2020

The group, based in Geneva, Switzerland, was founded by Facebook to launch the social media company’s entry into digital currency. Meanwhile, digital assets continue to gain legitimacy in the financial services world. “I am delighted to be joining Libra Networks with a mission to enhance financial innovation,” said Emmett.

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Management social media Leadership California 142

PYMNTS

JULY 29, 2019

We want to give a reliable currency to the world.”. Glint Pay users use a bank account to purchase actual gold held in a vault in Switzerland, and the company charges a 0.5 “We want gold to be considered like any other currency,” Cozens said. “We The debit card was introduced early in 2018 in Europe. percent transaction fee.

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Cards Colorado Denver Fintech 191

PYMNTS

JANUARY 22, 2020

The decision happened at a meeting at the World Economic Forum, taking place this week in Davos, Switzerland. Singapore is one of the largest trading hubs in the world, and it is using this fact to push the process of digitization along.

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blockchain System Operations Fraud 131

PYMNTS

FEBRUARY 15, 2017

Just recently, tech giant Microsoft proposed a new initiative that would work to protect world citizens from political cyberattacks originating from nation-states. The goal for the hypothetical convention would be for world leaders to set standards and practices for protecting civilians from cyberattacks.

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San Francisco National Conference Google 102

PYMNTS

FEBRUARY 28, 2020

In Switzerland , the government has banned any events that draw over 1,000 people in its own attempt to stymie the spread of the virus. The virus is spreading around the world, with Nigeria confirming its first case. Japanese Prime Minister Shinzo Abe also asked that all schools be shut down until the new academic year in April.

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Training Regional Policies Groups 141

PYMNTS

NOVEMBER 11, 2016

Switzerland gives bitcoin a hand by way of rail ticket machine sales, an Australian startup banks on the aptly named Dash and Zcash fervor fades. In Switzerland, bitcoin continues to proliferate as a viable currency — most recently with the help of Swiss Federal Railways (SBB), Switzerland’s largest railway company.

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Bitcoin cryptocurrency Security Taxes 192

PYMNTS

JULY 20, 2017

A group of six multinational corporations in Switzerland is urging banks around the world to join SWIFT’s gpi initiative, news reports said Wednesday (July 19). There is also lack of visibility into whether payments are rejected and when an investigation should be launched (and who should conduct it).

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Groups Payments Innovation Report 148

PYMNTS

FEBRUARY 27, 2020

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said that before they issue their own digital currencies, central banks around the world should attempt to get a better understanding of the pros and cons of the process, according to a report by Reuters.

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social media cryptocurrency Conference Study 160

PYMNTS

JANUARY 22, 2020

The partnership with Airtel Africa will allow over 15 million Airtel Money mobile wallet users in Nigeria, Uganda, Gabon, Tanzania, Zambia, DRC, Malawi, Madagascar, Kenya, Congo, Niger, Tchad, Rwanda and Seychelles to route any money transfer received from across the world into their mobile eWallets.

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Payments Mobile Marketing Meeting 131

PYMNTS

JANUARY 17, 2019

Welcome to The Axis, your late look at payments news from around the world. in Switzerland. has become available to consumers in Switzerland , Swatch Group said in an announcement. Coverage includes the availability of SwatchPAY! After coming to China in the summer of last year, SwatchPAY!

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Payments Operations Online Report 134

PYMNTS

JANUARY 22, 2020

We are by far the global leader in ride-sharing,” Khosrowshahi said at the World Economic Forum in Davos , Switzerland. “We Uber CEO Dara Khosrowshahi said his company has the best chance of being profitable out of all of the ride-hailing competitors out there, according to a report by CNBC. “We

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US Marketing Operations Company 131

PYMNTS

JANUARY 30, 2020

Depending on how things unfold in the world of settlement systems, public demand for CBDCs could soar in Japan,” Amamiya said in a seminar in Tokyo on Thursday (Jan. His stance has been the strongest so far from a central bank official regarding electronic money. . The speed of technical innovation is very fast.

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Policies cryptocurrency System Lending 130

PYMNTS

APRIL 30, 2019

Welcome to The Axis, your late look at payments news from around the world. Sonect says it has become the biggest network for cash withdrawal in Switzerland, and it is ready to come to new European markets (as well as those “beyond”). Coverage includes Sonect obtaining an eMoney license in Lithuania.

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Mobile US Report Marketing 108

PYMNTS

JANUARY 25, 2019

More than 70 nations are planning to restart World Trade Organization talks in an effort to create a standard set of rules to govern the sharing of eCommerce and cross-border data. So far, China has not signed on to the statement, which is expected to be announced at the World Economic Forum in Davos, Switzerland. “We

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Regulation Data United States National 116

CB Insights

JULY 6, 2023

UBS — one of the world’s largest wealth managers — has greatly expanded its market footprint over the past few years. rescue acquisition of its Switzerland-based competitor, Credit Suisse, which collapsed amid US banking turmoil in March. Notably, the bank recently completed a $3.2B

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Strategy Technology Leadership Maine 49

PYMNTS

JULY 23, 2019

Libra has already faced stiff scrutiny from regulators and policymakers all over the world. Marcus is the head of the project, as well as the company’s blockchain initiatives, and he said at a July 16 Senate hearing that the FDPIC commissioner would be Libra’s regulator because the currency would be housed in Geneva. .

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Data social media cryptocurrency Regulation 161

PYMNTS

SEPTEMBER 16, 2019

While many central banks and Libra reps were meeting in Basel , Switzerland, Marcus took the time to break some things down about the crypto on Twitter. The meeting in Basel was hosted by the Bank For International Settlements (BIS) and attended by senior banking officials from around the world. On Monday (Sept.

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social media National Regulation Payments 156

PYMNTS

JULY 29, 2019

It also lessens the difference in interest rates between Switzerland and the rest of the world. The Swiss franc is a major world currency due to the prominence of Swiss banking institutions. . When monetary policy loosens in the U.S.

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US National Policies Strategy 116

PYMNTS

DECEMBER 27, 2019

The president of Switzerland, Ueli Maurer, said Facebook ’s proposed cryptocurrency Libra cannot exist in its current form and will need to be altered if it’s going to be able to work as a viable currency, according to a report by Reuters. The project, in this form, has thus failed.”.

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Regulation cryptocurrency Groups Operations 132