From Bank Branches to Platform Banks: Physical Branches Are Disappearing
UBS and Credit Suisse are closing branches. The future of banking is digital, and that means the physical branch is becoming redundant.Banks are under enor...
Switzerland
Digitalization in the Alps: Digital Tools Are Not Limited to Tech Hubs and City Centers
Remote areas are disadvantaged when it comes to digitalization, but they can benefit from it just as much as big cities. The challenge is to provide people acc...
Wanna Travel? Show Your Digital Vaccination Records!
Switzerland has launched an app that shows digital vaccination records. In the future, travelers might have to prove their vaccine status before entering another country. Digital Tools are becoming increasingly important to fight the COVID-...
Switzerland Introduces New Token Law
Switzerland tries to foster its position as a top-blockchain jurisdiction by creating more fintech-friendly legislation. Legal amendments should make the issua...
PostFinance to Stop Offering Blue and Orange Paper-Bills
From October 2020 onward, there won't be any blue and orange paper-bills anymore. Instead, there will be QR- and eBills. That doesn't seem like the big digital...
Smart Valor Gains Licenses from FMA Liechtenstein
Smart Valor has received licenses from Liechtenstein’s financial market regulator and plans to introduce an institutional offering in the first quarter of 2021. The announcement comes at a time when Bitcoin is soaring, and the demand for cryptocurre...
Digital Banking: VP Bank Liechtenstein Allegedly Considering IT-Outsourcing
The pressure to digitize is increasing, especially in the financial industry, where low-interest rates and changing customer needs have made banks less competi...
Liechtenstein’s Blockchain Act vs. Swiss and German Laws
The German-speaking countries choose different approaches to regulate blockchain technologies. While Switzerland and Germany have amended their existing legisl...
Swiss Digital Days Goes Europe: a European Alliance for Digital Cooperation
During the Swiss Digital Days, several European countries have teamed up to expand the initiative to their countries. The goal is to further accelerate digital evolution throughout Europe.The Swiss Digital Days will expand in Europe. Liechtenste...
Central Bank Digital Currencies: The “Inevitable Future”
Central Banks around the world are exploring the opportunities of Central Bank Digital Currencies. Switzerland aims at becoming a frontrunner in the space, whi...