Switzerland

Switzerland is a mountainous Central European country, home to numerous lakes, villages and the high peaks of the Alps. Its cities contain medieval quarters, with landmarks like capital Bern’s Zytglogge clock tower and Lucerne’s wooden chapel bridge.

Source: en.wikipedia.org

Swiss National Bank Says Merchant Cash Acceptance Unchanged Since 2021
Swiss National Bank Says Merchant Cash Acceptance Unchanged Since 2021
February 23, 2024  |  Cash

Swiss National Bank (SNB) Vice Chairman Martin Schlegel said Friday (Feb. 23) that physical cash will never disappear from use in Switzerland, despite the popularity...

READ MORE >
BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
September 28, 2023  |  CBDC

The Bank for International Settlements (BIS) and three central banks concluded a central bank digital currency (CBDC) project. Project Mariana was developed by three BIS...

READ MORE >
Thailand Ranked First Globally in Real-Time Payments Transactions per Capita
Thailand Ranked First Globally in Real-Time Payments Transactions per Capita
September 01, 2023  |  Real-Time Payments

The value proposition of real-time payments is undeniable: payments initiated, cleared and completed in just seconds — at any time. In other words, payees get...

READ MORE >
Switzerland Introduces New Anti-Money Laundering Measures
Switzerland Introduces New Anti-Money Laundering Measures
August 30, 2023  |  AML

Switzerland is set to introduce new rules to tackle money laundering. The regulations — set to be presented to the Swiss parliament next year — would make...

READ MORE >
Swiss National Bank Preps Test of Wholesale CBDC
Swiss National Bank Preps Test of Wholesale CBDC
June 26, 2023  |  CBDC

Switzerland’s central bank is reportedly planning to issue a wholesale digital currency. The project will happen on the country’s SIX digital exchange, Swiss National Bank...

READ MORE >
Ripple Buys Crypto Custody Firm Metaco for $250 Million and Expands to Tokenization
Ripple Buys Crypto Custody Firm Metaco for $250 Million and Expands to Tokenization
May 17, 2023  |  Cryptocurrency

Enterprise crypto company Ripple has acquired Swiss digital asset custody provider Metaco for $250 million.  The deal, announced Wednesday (May 17), will help Ripple tap into an institutional crypto custody market...

READ MORE >
Societe Generale and Lemonway Team on B2B Marketplace Effort
Societe Generale and Lemonway Team on B2B Marketplace Effort
April 11, 2023  |  B2B Payments

Societe Generale has teamed with payments firm Lemonway to help European companies launch B2B marketplaces. “Large corporates are accelerating their digital transformation, which has become vital for their...

READ MORE >
PostFinance and Sygnum Bank Team to Offer Swiss Customers Crypto
PostFinance and Sygnum Bank Team to Offer Swiss Customers Crypto
April 05, 2023  |  Cryptocurrency

Swiss government-owned bank PostFinance is getting into the cryptocurrency business. The company has joined forces with Swiss digital bank Syngum to offer customers “a range...

READ MORE >
Klarpay CEO Said Providers Must Confront Liquidity Management Challenges With Instant Payments Use
Klarpay CEO Said Providers Must Confront Liquidity Management Challenges With Instant Payments Use
March 23, 2023  |  Real-Time Payments

European real-time payments have seen historic growth in recent years. In fact, some European countries like the U.K., Sweden and Finland have even gone a...

READ MORE >