Hundreds of reports, news articles, startup tickers and interest groups from Singapore, across London to Boston are talking about the “FinTech Ecosystem”. Why has a vegetational concept originated from botanical literature become the place to be for companies seeking innovation? What makes up this cradle of life and who resides there? Is there a way to cultivate this El Dorado? And how is it that low failure and risk tolerance prove to be a barrier for new FinTechs in Switzerland?
Category Archives: Press Releases
The Swiss Finance + Technology Association has signed a Memorandum of Understanding with the Fintech Association of Hong Kong (FTAHK). This further strengthens the collaboration between Asia and Europe. In practice this means that the two organisations will join each others’ events and they will exchange knowledge about the market and regulation. New opportunities for start-ups and investors of both countries will be created.
The Swiss FinTech Pitch, was held on Wednesday, October 11, at Landesmuseum in Zurich. Over 100 insiders attended the event to see Oliver Werneyer of IMburse take top place among entrepreneurs and Ralph Mogicato from SICTIC winning in the investor category.
On September 26 we had a great event in the Nietturm Bar with senior representatives from Abu Dhabi Global Market. Steve Barnett and Thomas Hirschi presented their organisation and explained the FinTech Regulatory Laboratory (RegLab). The audience was very interested in the FinTech ecosystem in Abu Dhabi and there were many questions in the end.
The Swiss Finance + Technology Association (SFTA) has signed a Memorandum of Understanding with the Singapore FinTech Association (SFA). This means that the two organizations will work closer together in the future to improve financial innovation in both markets. In a first step, a delegation from SFTA will visit the Singapore FinTech Festival in November. Beyond this, further collaboration is planned to create new connections and share knowledge between the FinTech ecosystems of Switzerland and Singapore.
Swiss Fintech + Technology Association now partners with Abu Dhabi Global Market (ADGM) to improve innovation and create new opportunities. John Hucker, the president of SFTA and Richard Teng, Chief Executive Officer Financial Services Regulatory Authority of ADGM, sealed this promising agreement in August 2017. For Swiss FinTech companies, this is a good opportunity to gain new insights and ease market entry.
Event review of the “Quantopian event series” hosted by the Swiss Finance + Technology Association, Quantopian and the University of Zurich.
The Swiss Finance + Technology Association welcomed Quantopian, a Boston-based Fintech platform, to a highly successful event series in May 2017 held in Zurich. Over three days our members and guests were able to gain a deeper understanding about how technology is changing the world of investing.
European financial players have accumulated compelling experience in developing solutions connected with the implementation of PSD2 directive. Considering the clear direction that the Regulators have undertaken in the recent years, an exchange of information and use cases in the PSD2 area among Swiss and EU financial players would be mutually beneficial.
Swiss Finance + Technology Association and C&D Suisse have invited representatives of local financial services institutions and FinTech start-ups joining a round-table discussion with Cristiano Motto, Digital Evangelist at Barclays Bank PLC and Enrico Toso, Compliance Manager at Deutsche Bank (Italy).
The room is full, the presentation given by Cristiano Motto and Enrico Toso are interesting and detailed. They highlight the main point of the PSD2 regulation and they give to the audience the opportunity to fully understand the topic.
The discussion, moderated by Rainer Kessler, was very interesting and allowed the crowd to taste the different sentiment about the new regulation system. Many opinions raised from the participants and the speakers, as well as the moderator were able to conduct a pleasant, but tough discussion with the crowd.