Fintech Articles and News from our Blog

Company Growth

Psychology of the Climate Crisis – Doconomy Addresses the Discrepancy between Attitude and Behavior

15 Aug 2024 3 minutes

The Elevator Pitch blog series introduces you to startups that SIX supports or advises. Today, you’ll get to know Doconomy. CEO and co-founder Mathias Wikström explains how he and his team tackle the pressing issue of climate change.

Financial Data

Measuring Markets Worldwide with Indices: How Financial Institutions Can Literally Open Up the Whole World of Investing to Their Customers

27 Jun 2024 5 minutes

Financial institutions fight for market share among investors. Read on to discover what role high-quality data plays in this, and how it can be obtained as efficiently and cost-effectively as possible.

Payment Transactions

Embedded Finance: What Banks Need to Know Now

06 Jun 2024 9 minutes

Embedded finance and banking-as-a-service are driving forward a transformation in the financial industry by allowing banks to integrate their services into third parties’ product offerings. What opportunities and challenges does this present for traditional banks?

Payment Transactions

Smart Payments: Wearables as an Extension of Mobile Wallets

11 Jan 2024 4 minutes

Banks in Switzerland can now allow their customers to pay with their debit cards via wearables. Read in this blog post what wearables and mobile wallets are, how they work, and how you can use them to make payments.

Company Growth

Spain and Switzerland – Different Cultures, Joint Innovation

12 Oct 2023 5 minutes

Culturally, Switzerland and Spain have more in common than one might think. And where differences can be identified, they often lead to innovation. Read more about the fruitful exchange between the two countries on the occasion of the Spanish presidency of the Council of the European Union.

Company Growth

Startup ClimateTrade Facilitates the Financing of Projects That Reduce or Eliminate Greenhouse Gas Emissions

06 Jun 2023 2 minutes

In the Elevator Pitch blog series, startup companies that SIX supports or advises introduce themselves. Today, you’ll get to know ClimateTrade. CEO and co-founder Francisco Benedito explains how he and his team approach the pressing problem of climate change.

Payment Transactions

How Secure Is Open Banking?

02 Jun 2023 5 minutes

Open Banking is hailed as a revolution in finance. It allows bank account information to be shared with verified third-party providers. Read on to find out why, despite its open character, it’s totally secure.

Financial Market Infrastructure

ChatGPT & Co.: How Will Artificial Intelligence Change the Financial Industry?

23 Mar 2023 4 minutes

Everyone’s talking about ChatGPT, the chatbot that is swiftly gaining more and more users. It is certain that artificial intelligence will change our lives in many areas. Read below what this means for the financial industry.

Company Growth

Startup FQX Makes It Possible to Provide Regulated and Decentralized Corporate Finance on Blockchain

01 Dec 2022 3 minutes

In the Elevator Pitch blog series, startup companies that are supported or accompanied by SIX introduce themselves. Today you’ll get acquainted with FQX. Co-CEO and co-founder Benedikt Schuppli explains how he and his team aim to revolutionize the way companies are financed.

Crypto

DeFi, DApps, and the Like: How the Financial System Is Becoming Decentralized

29 Sep 2022 4 minutes

Now that the word “blockchain” appears to have crept into everyday parlance, neologisms like “DeFi” and “DApps” are going around these days. Find out in this blog post what they mean and how they’re changing the world of finance.

Financial Market Infrastructure

Special Exhibition at the Swiss Finance Museum: From the Very First Bank to Neobanks

21 Sep 2022 4 minutes

The new special exhibition “Banks in Transition: From Counters to Apps” has opened at the Swiss Finance Museum. Read below how you can experience the technological transformation of the banking industry in Zurich.

Payment Transactions

Open Banking: Inspired by Valtteri Bottas – A Podcast on the “Drive” of Innovation

14 Jul 2022 19 minutes

The team of Sven Siat, Head Connectivity at SIX, connects banks with FinTechs through the platform bLink. Find out in our podcast which parallels Open Banking and Formula 1 have and why the Finnish racing driver Valtteri Bottas is an inspiration for Siat.

Company Growth

Startup Yokoy Leverages Artificial Intelligence to Manage Corporate Spend

10 May 2022 3 minutes

In the Elevator Pitch blog series, startup companies that are backed by SIX FinTech Ventures or which took part in the programs run by the F10 FinTech Incubator & Accelerator introduce themselves. Today you’ll get acquainted with Yokoy. CEO and co-founder Philippe Sahli explains how he and his team aim to revolutionize corporate spend management.

Financial Market Infrastructure

What Is This Metaverse Thing Anyways? And What Does It Mean for Banks?

31 Mar 2022 5 minutes

At least since Facebook changed its name, the term has been on everyone’s lips: the metaverse. What’s it all about? What do NFTs have to do with it? And what does it all mean for banks?

Payment Transactions

Open Banking: Taking a Wait-and-See Approach Can Get Expensive

18 Jan 2022 6 minutes

The initial obligation to open banking has now turned into a dynamic international competition. Sven Siat, Head Connectivity in the business unit Banking Services of SIX, explains why reluctance will not pay off also for the Swiss banks: Those who do not provide up-to-date programming interfaces in the future will not have a lasting business model in the long run.

Financial Market Infrastructure

SIX as Venture Capitalist

21 Dec 2021 4 minutes

To strengthen the competitiveness of the financial centers in Switzerland and Spain, SIX supports startup companies through its SIX FinTech Ventures business and its corporate venture capital fund, concentrating on the financial technology (fintech) sector. The following article explains what a venture capital business does and how the investment process at SIX works.

Payment Transactions

OpenWealth: Switzerland’s Financial Industry Defines Standards for Open Finance by Itself

02 Jul 2021 3 minutes

With OpenWealth, the Swiss wealth management industry has agreed – without being forced by the regulator – on a standard for application programming interfaces, the APIs. For implementation, the newly founded OpenWealth Association relies on the open finance platform bLink from SIX.

Financial Data

The Future of Sustainable Finance

25 Jun 2021 4 minutes

Sustainable finance is the practice of taking environmental, social, and governance (ESG) considerations into account when making investment decisions, leading to more sustainable economic activities and projects. Today investment funds that use ESG have more than $50 trillion in capital and are growing fast. Indeed, it may be this tsunami of ESG capital investment that will produce the sort of “stakeholder capitalism” envisioned by the World Economic Forum and the OECD as being the future of trade and investment.

Payment Transactions

Is Decentralized Finance the Future of Open Finance?

15 Jun 2021 4 minutes

Open Finance is considered a significant trend in the financial industry. In parallel, based on technological developments, a trend toward Decentralized Finance (DeFi) has also become established. Due to their similar goals, it is worth considering the concepts of Open Finance and Decentralized Finance in an integrated way. The main differences between the concepts lie in the technology used and the system of governance. Depending on the use case and customer type, the needs for the involvement of intermediaries are different. Therefore, coexistence of the different concepts is expected to be the future, which spurs a focus on their interoperability. Platforms offer ready-to-use solutions and help reduce complexity for market participants.

Payment Transactions

The Future of Payment Transactions Has Only Winners and 6 Other Fallacies

09 Jun 2021 4 minutes

Digital business models are revolutionizing the financial world. What was once long-established is today undergoing an accelerated structural transformation. Dieter Goerdten, Head of Products & Solutions in the Banking Services business unit of SIX, debunks seven common fallacies about the future of payment transactions in a fictitious conversation with the Swiss financial center.

People & Culture

Inspired by Margaret Hamilton: The Importance of Female References

03 Jun 2021 18 minutes

At BME Inntech, Berta Ares and her team work on technological innovations for the financial markets. Margaret Hamilton is a daily inspiration for her. In our podcast, she tells us among other things how the pioneer of software engineering enabled Neil Armstrong to set foot on the moon.

Financial Market Infrastructure

Inspired by John Law: The End of Banking

28 Apr 2021 17 minutes

Jürg Müller from the think tank Avenir Suisse describes in our podcast how debt and the creation of money are connected. It’s a principle that economist John Law understood – and applied already 300 years ago.

Financial Market Infrastructure

Inspired by Albert Einstein: The Need for Trust

25 Mar 2021 22 minutes

In our podcast, IT economist Sita Mazumder talks about the challenge of “thinking” the future. When it comes to topics such as the digitization of customer journeys, an open mind like Albert Einstein’s could help.

Payment Transactions

Great Interest in Implementing OpenWealth API

06 Nov 2020 4 minutes

The participants of the Wealth API Roundtable at the end of October agreed: there needs to be a standardized asset management interface for the Swiss financial center. The first financial institutions are likely to implement the API standard of the OpenWealth initiative as early as next year. There are various questions that need to be clarified before then, including how to securely operationalize and efficiently scale the OpenWealth API.

Payment Transactions

Wealth API – Swiss Financial Institutions at One Table

14 Oct 2020 3 minutes

Summer holidays have passed, and the Swiss open banking has had a dynamic start into the second half of the year. Particular attention was paid by the media to the definition of an API standard within wealth management at the end of September. Now it’s time to put theory into practice. Therefore, SFTI, OpenWealth (orchestrated by Synpulse) and b.Link of SIX are jointly initiating a roundtable for Swiss financial institutions.

Payment Transactions

Is Your Bank Ready for Open Banking?

12 Aug 2020 7 minutes

Open banking presents banks with huge opportunities to satisfy their customers’ demand for new digital products. In opening up to third-party providers, they will need to deal with open banking. Are you ready?

Payment Transactions

7 Statements on Open Banking – and Why They are Myths

03 Jun 2020 7 minutes

What’s in it for banks? Is it just a question of technology? And is that even secure enough? Switzerland is still at the very beginning of its Open Banking journey. But by launching bLink, SIX has started to change that – and dispel a few myths.

Payment Transactions

Open Banking Answers “Standard” Questions

11 Sep 2019 7 minutes

Open banking is a quiet revolution sweeping the financial industry. It gives Swiss banks and insurers an opportunity to succeed in competition against big technology companies.

Company Growth

Dr. Bernhard Lingens, Lisa Yerebakan

Ecosystem: A Concept Is Taking Root

11 Sep 2019 7 minutes

A term from the field of biology is now flourishing in the business world. Lisa Yerebakan, Junior Open Innovator at SIX, and Bernhard Lingens, the head of the Helvetia Innovation Lab, know why ecosystems are proliferating like mushrooms.

People & Culture

Programming Is Not Just a Man’s Game

22 Dec 2017 8 minutes

With the worldwide success of Niche – A Genetics Survival Game, game designer Philomena Schwab has proven that computer programming doesn’t have to be a man’s realm. Today she is a prefigurative role model, but interdisciplinary education programs and a societal change in thinking will hopefully soon make her the norm.

#fintech

Read all articles about: fintech

Psychology of the Climate Crisis – Doconomy Addresses the Discrepancy between Attitude and Behavior

Measuring Markets Worldwide with Indices: How Financial Institutions Can Literally Open Up the Whole World of Investing to Their Customers

Embedded Finance: What Banks Need to Know Now

Smart Payments: Wearables as an Extension of Mobile Wallets

Spain and Switzerland – Different Cultures, Joint Innovation

Startup ClimateTrade Facilitates the Financing of Projects That Reduce or Eliminate Greenhouse Gas Emissions

How Secure Is Open Banking?

ChatGPT & Co.: How Will Artificial Intelligence Change the Financial Industry?

Startup FQX Makes It Possible to Provide Regulated and Decentralized Corporate Finance on Blockchain

DeFi, DApps, and the Like: How the Financial System Is Becoming Decentralized

Special Exhibition at the Swiss Finance Museum: From the Very First Bank to Neobanks

Open Banking: Inspired by Valtteri Bottas – A Podcast on the “Drive” of Innovation

Startup Yokoy Leverages Artificial Intelligence to Manage Corporate Spend

What Is This Metaverse Thing Anyways? And What Does It Mean for Banks?

Open Banking: Taking a Wait-and-See Approach Can Get Expensive

SIX as Venture Capitalist

OpenWealth: Switzerland’s Financial Industry Defines Standards for Open Finance by Itself

The Future of Sustainable Finance

Is Decentralized Finance the Future of Open Finance?

The Future of Payment Transactions Has Only Winners and 6 Other Fallacies

Inspired by Margaret Hamilton: The Importance of Female References

Inspired by John Law: The End of Banking

Inspired by Albert Einstein: The Need for Trust

Great Interest in Implementing OpenWealth API

Wealth API – Swiss Financial Institutions at One Table

Is Your Bank Ready for Open Banking?

7 Statements on Open Banking – and Why They are Myths

Open Banking Answers “Standard” Questions

Ecosystem: A Concept Is Taking Root

Programming Is Not Just a Man’s Game

#fintech

Read all articles about: fintech

Psychology of the Climate Crisis – Doconomy Addresses the Discrepancy between Attitude and Behavior

Measuring Markets Worldwide with Indices: How Financial Institutions Can Literally Open Up the Whole World of Investing to Their Customers

Embedded Finance: What Banks Need to Know Now

Smart Payments: Wearables as an Extension of Mobile Wallets

Spain and Switzerland – Different Cultures, Joint Innovation

Startup ClimateTrade Facilitates the Financing of Projects That Reduce or Eliminate Greenhouse Gas Emissions

How Secure Is Open Banking?

ChatGPT & Co.: How Will Artificial Intelligence Change the Financial Industry?

Startup FQX Makes It Possible to Provide Regulated and Decentralized Corporate Finance on Blockchain

DeFi, DApps, and the Like: How the Financial System Is Becoming Decentralized

Special Exhibition at the Swiss Finance Museum: From the Very First Bank to Neobanks

Open Banking: Inspired by Valtteri Bottas – A Podcast on the “Drive” of Innovation

Startup Yokoy Leverages Artificial Intelligence to Manage Corporate Spend

What Is This Metaverse Thing Anyways? And What Does It Mean for Banks?

Open Banking: Taking a Wait-and-See Approach Can Get Expensive

SIX as Venture Capitalist

OpenWealth: Switzerland’s Financial Industry Defines Standards for Open Finance by Itself

The Future of Sustainable Finance

Is Decentralized Finance the Future of Open Finance?

The Future of Payment Transactions Has Only Winners and 6 Other Fallacies

Inspired by Margaret Hamilton: The Importance of Female References

Inspired by John Law: The End of Banking

Inspired by Albert Einstein: The Need for Trust

Great Interest in Implementing OpenWealth API

Wealth API – Swiss Financial Institutions at One Table

Is Your Bank Ready for Open Banking?

7 Statements on Open Banking – and Why They are Myths

Open Banking Answers “Standard” Questions

Ecosystem: A Concept Is Taking Root

Programming Is Not Just a Man’s Game

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