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Swiss Champions Fund Launches CHF 100M Vehicle for Venture Leaders Startups

Venturelab’s Venture Leaders programme has supported Swiss technology companies over the past 20 years, with many companies facing challenges securing growth-stage capital after completing the programme. To address this gap, Managing Partners Christian Winkler and Michael Wieser have announced the Swiss Champions Fund, a venture capital fund managed by TIE Capital Partners with a target size of approximately CHF 100 million. The fund will invest exclusively in companies that have participated in Venturelab’s Venture Leaders programme. It will focus on Series A and Series B rounds. As a lead or co-lead investor, it will typically make initial investments ranging from CHF 3 million to CHF 5 million. The fund plans to build a concentrated portfolio and focus on this specific pipeline and stage of financing. The launch comes as Swiss startups continue to see growth in venture capital investment. Total annual investment in Swiss startups has increased from about CHF 940 million in 2016 to nearly CHF 3 billion in recent years. However, data from SECA and startupticker indicates that roughly 24% of this capital has come from Swiss investors over the past decade. In later-stage rounds, the domestic share falls below 10%. As a result, Swiss startups often raise growth funding abroad, including in London, Berlin, and the US. Michael Wieser Christian Winkler “Switzerland doesn’t have an innovation problem, it has a scaling capital problem,” said Christian Winkler and Michael Wieser, Managing Partners of the Swiss Champions Fund. “Switzerland has been producing companies for years. With the Swiss Champions Fund, we aim to act as a growth-stage investor for selected Venture Leaders companies during their expansion phase.” The fund will become a main sponsor of Venture Leaders and use the programme as its investment pipeline. Around 60 companies are selected for Venture Leaders each year. Jordi Montserrat “For over 20 years, Venture Leaders has supported Swiss technology companies as they enter international markets,” said Jordi Montserrat, Co-Founder of Venturelab. “The addition of a growth-stage fund provides another financing option for companies moving beyond the programme.” The launch was announced on the evening of 24 June during Venture Leaders’ 20th anniversary celebration in Zurich.     Featured image credit: Edited by Fintech News Switzerland, based on image by freepik via Magnific The post Swiss Champions Fund Launches CHF 100M Vehicle for Venture Leaders Startups appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Worldline Enables Click to Pay for Recurring Payments in Europe

Worldline has introduced Click to Pay for recurring payments in Europe, allowing international merchants to integrate one-click checkouts across recurring and stored credential payments. The capability is available on Global Collect, the global cross-border payments platform of Worldline. The service targets digital-first businesses looking to scale subscription models across multiple markets, while seeking to increase conversion rates and protect recurring revenue streams. According to data from Worldline, checkout friction and payment failures remain significant obstacles to growth in digital commerce. Click to Pay can increase checkout conversion by up to 6%, while involuntary churn from expired or reissued cards causes up to 40% of total subscription churn. By extending this feature, the company aims to help merchants improve both customer acquisition and long-term retention. Gertjan Dewaele “With Global Collect, we help international merchants convert more sign-ups into long-term revenue by reducing checkout friction and avoiding payment failures,” said Gertjan Dewaele, Head of Product and Technology at the Global Commerce division, Worldline. During the initial transaction, the system securely stores tokenised payment credentials. Tokenisation replaces sensitive card data with secure digital identifiers used for subsequent billing cycles. The system automatically updates these tokens when payment cards are renewed or replaced, helping avoid interruptions in billing cycles. The company designed this automation for businesses in software-as-a-service, streaming, gaming, and digital memberships, where acquisition and retention directly drive profitability. Built on EMVCo Secure Remote Commerce standards and supported by major card schemes, the solution allows consumers to register once. Shoppers can then check out instantly across participating merchants without manual data entry, passwords, or lengthy forms. For merchants, the integration promises higher conversion through faster checkouts, reduced involuntary churn via updated tokens, and simplified compliance. Worldline stated that 89% of consumers rate the payment method equal to or better than other digital checkout options. The new capability will be live on the Global Collect platform starting 30 July 2026.     Featured image credit: Edited by Fintech New Switzerland, based on image by Worldline The post Worldline Enables Click to Pay for Recurring Payments in Europe appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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UBS and Nethermind Test How Banks Can Use Ethereum Compliantly

UBS and Nethermind have successfully completed two joint proofs of concept (PoC) demonstrating that the public Ethereum network can support the operational and compliance requirements of regulated banks. The testing showed that financial institutions can implement robust compliance controls through systems run on top of the network without altering the underlying blockchain protocol. This allows the network to remain open and neutral while meeting institutional risk management standards. The collaboration focused on enforcing compliance at two critical stages of Ethereum transaction broadcasting. First, the teams configured an Ethereum node to apply custom risk rules, including restricting transactions to pre-approved addresses and blocking specific smart contract interactions. Second, they developed a component to route approved transaction bundles directly to selected builders through relay services. This ensures reliable blockchain inclusion. The end-to-end process was validated on the Sepolia test network using no live transactions. Andreas Kubli “These proofs of concept demonstrate the value of close collaboration between UBS and Nethermind in shaping the next generation of compliant blockchain infrastructure,” said Andreas Kubli, Group Head of Digital Assets at UBS. He added that the results demonstrate that institutions can achieve controls and public network interoperability without compromising openness. Tomasz Kurowski, Head of Enterprise Business at Nethermind, said: Tomasz Kurowski “By implementing compliance controls at the infrastructure layer, we have shown that institutional requirements can be met without compromising Ethereum’s openness or interoperability.”     Featured image credit: Edited by Fintech News Switzerland, based on image by mkmult via Magnific The post UBS and Nethermind Test How Banks Can Use Ethereum Compliantly appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Here Are the Winners of the Swiss Fintech Awards 2026

AI startups claimed the top prizes at the Swiss Fintech Awards 2026 in Zurich on 23 June, reflecting a broader shift towards automated technologies in the financial sector. Every finalist at this year’s event focused on AI applications, spanning fraud prevention, automation, and governance. The winners of the Swiss Fintech Awards are: Early Stage Start-up of the Year Porters AI start-up Porters wins the «Early Stage Start-up of the Year» award. Porters positions itself as an outsourcing partner for numerous banking operations. With agentic AI systems, the company automates processes and creates consistent workflows, enabling banks and financial service providers to implement scaling and compliance more cost-effectively. With this award, the jury honors a start-up that addresses a clear need in the financial sector and is already particularly well positioned to execute on its vision and grow strongly in the months and years ahead. Growth Stage Start-up of the Year BLP In the «Growth Stage Start-up of the Year» category, BLP wins the award. BLP enables intelligent, end-to-end ERP automation for finance, sales and other corporate functions. The solution works with digital twins of existing systems, numerous ERP integrations and hundreds of pre-trained AI agents. This makes it possible to leverage the opportunities of AI without having to fundamentally redesign existing ERP systems. As a result, complex processes can be automated, exceptions handled efficiently and compliance requirements met. The jury particularly highlights BLP’s strong market demand and exceptional growth momentum. The start-up is on a remarkable growth trajectory and demonstrates how AI can precisely and scalably automate resource-intensive and repetitive tasks. Fintech Influencers of the Year Sven Siat and Mike Hofmann Sven Siat Mike Hofmann For the first time in the history of the Swiss Fintech Awards, the «Fintech Influencers of the Year» award goes not to one individual, but to two personalities: Sven Siat and Mike Hofmann. The jury recognises their long-standing commitment to Open Banking in Switzerland. Over several years, Sven Siat and Mike Hofmann have worked to build a platform and infrastructure from which the entire Swiss financial centre can benefit. Their work around bLink and the development of an open, standardised and sustainable Open Banking ecosystem are particularly noteworthy. Thanks to the commitment of the two award winners, the Swiss financial centre is now ready to take Open Banking to the next level. The Swiss Fintech Awards A panel of 19 industry representatives judges the Swiss Fintech Awards, an event launched in 2016 to highlight innovators and startups within the local ecosystem.     Featured image credit: Edited by Fintech News Switzerland, based on image by Swiss Fintech Awards The post Here Are the Winners of the Swiss Fintech Awards 2026 appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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European and South Korean Banks Form Project Pangea for FX Settlement

Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablecoin consortium Qivalis have launched Project Pangea to modernise global foreign exchange markets. The strategic collaborative task force aims to enable real-time, stablecoin-based cross-border settlement models, connecting dozens of financial institutions across Europe and South Korea. UniKA represents a steering committee of five entities, including Shinhan Bank, JB Bank, Kbank, FairSquareLab, and OBDIA, alongside more than 10 commercial banks, while Qivalis is backed by 37 European banks. The initiative focuses on the direct, atomic swap of regulated, fiat-referenced digital assets, such as euro and Korean won stablecoins. The system uses the infrastructure of Chainlink alongside the onchain foreign exchange settlement technology developed by FairSquareLab. Modernising global foreign exchange through Project Pangea The global foreign exchange market processes over US$9.6 trillion in daily trading volume, but traditional banking systems face major bottlenecks because of fragmented market structures. Institutions frequently delay cross-border transactions when they must convert capital into intermediary currencies during the settlement process. Project Pangea plans to transform this system by using ISO 20022 messaging standards and existing Swift infrastructure. This integration allows participating banks to execute direct, atomic Payment-versus-Payment (PvP) swaps of compliant stablecoins, achieving instant settlement. The initiative focuses on three core pillars, which include enabling direct atomic transactions between compliant regional currencies, supporting instant settlement, and expanding onchain liquidity across various currency markets to provide frictionless access. Technical infrastructure and orchestration Chainlink provides the core infrastructure enabling existing financial platforms to connect with public and private blockchain networks using standard messaging networks. The system relies on the Chainlink Cross-Chain Interoperability Standard to securely transfer stablecoins across native networks, helping to prevent liquidity fragmentation. Additionally, Chainlink Data Streams deliver high-speed market data to power a Proactive Market Maker engine. This helps ensure onchain quotes remain synchronised with global markets. The Chainlink Runtime Environment serves as the orchestration layer between Swift and blockchain networks. It allows financial firms to connect using their existing software systems. FairSquareLab supports the network through its multi-currency stablecoin liquidity engine for interbank settlement. The system anchors price discovery directly to oracle quotes rather than a bonding curve to minimise slippage. This system operates on the FairSquareLab Pangea L1 Network, a dedicated, neutral blockchain. The network is designed to execute oracle updates ahead of other transactions in each block. Fernando Vazquez “Project Pangea upgrades the fragmented foreign exchange model of today with direct, atomic currency swaps using stablecoins,” said Fernando Vazquez, President of Capital Markets, Chainlink Labs. He added that the standard powers global-scale settlement for capital markets as finance increasingly moves onchain. Joonhong Kim “Project Pangea opens a path for the Korean won to connect more directly with global currency markets, reducing reliance on intermediary currencies,” said Joonhong Kim, CEO, FairSquareLab. Kim noted that the alliance brings the South Korean banking sector into a new era of real-time cross-border settlement.     Featured image credit: Edited by Fintech News Switzerland, based on image by leungchopan via Magnific This article first appeared on Fintech News Hong Kong The post European and South Korean Banks Form Project Pangea for FX Settlement appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Nuvion Integrates Visa Direct for Faster Cross-Border B2B Payouts

Nuvion has partnered with Visa Direct to enhance its global payout capabilities for businesses operating across borders. The integration allows companies to send funds to cards, bank accounts, and digital wallets worldwide. It supports real-time and near real-time disbursements across supported markets. Businesses can manage these global payouts on Nuvion’s platform alongside its broader multi-currency accounts, FX services, and stablecoin settlement capabilities. Moving money quickly remains an operational challenge for companies managing international suppliers and contractors. The partnership aims to provide greater flexibility for businesses managing international treasury operations. Keisha Clark “Global businesses should not have to wait days for money movement in an always-on economy,” said Keisha Clark, CEO of Nuvion. “Through our partnership with Visa Direct, we’re enabling faster and more connected financial experiences for businesses operating across borders.” Olga Ovchinnikova, VP Head of Visa Direct Europe, said: Olga Ovchinnikova “By partnering with Nuvion, Visa Direct is helping power faster, simpler cross-border payouts so companies can move money globally with the same speed and confidence they expect locally.” The collaboration brings together traditional financial infrastructure and modern payment networks to help ambitious businesses scale their operations internationally.     Featured image credit: Edited by Fintech News Switzerland, based on image by mrsiraphol via Magnific The post Nuvion Integrates Visa Direct for Faster Cross-Border B2B Payouts appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Digital Assets Could Generate US$8B in New Revenues for Wholesale Banks By 2030

The emergence of digital assets as an institutional asset class generate up to US$8 billion in net new revenues for wholesale banks by 2030, according to estimates by Oliver Wyman and Morgan Stanley. However, greater disruption is expected to stem from the redistribution of existing revenue streams, with up to US$82 billion of traditional revenue expected to migrate to digital rails. This bullish scenario assumes that digital asset adoption would move beyond priority use cases and scale across a wider set of wholesale banking products. It also presumes widespread adoption across the broader financial ecosystem, facilitated by integration with customer-facing software that makes it seamless to transact natively on digital rails, in addition to vertical integration with bigtech platforms, especially stablecoins affiliated with Google, Amazon, and Microsoft. Industry utilities and networks would also contribute to adoption by standardizing blockchain rails,  enabling broader access and greater ease in onboarding participants. In this scenario, tokenization would gain traction in capital markets and cryptocurrencies would expand as an asset class. As adoption grows, tokenized money would become widely used as a both a payment and settlement asset, supporting the expansion of delivery-versus-payment and payment-versus-payment models across asset classes. In this scenario, digital assets are projected to penetrate 11% of wholesale banking revenues, driven by cross-border payments (30%), and tokenized equities trading (15%). This would be driven by strong retail demand, and institutional adoption. Net new revenue pools would expand to US$16 billion, with banks capturing about 50% of this value. Cross-border payments have long been considered one of the most promising areas for digital assets, given that today’s infrastructure is fragmented, expensive, and slow. Several major banks have already started deploying digital assets and tokenized money. For example, JP Morgan’s institutional blockchain platform Kinexys processes about US$5 billion daily in tokenized bank deposits transfers, cross-border payment settlements, and tokenized asset management. SG Forge, meanwhile, is deploying EUR and USD stablecoins. Similarly, 37 European banks are participating in the Qivalis EUR stablecoin initiative. Tokenization also presents a significant opportunity by making equity issuance, trading, settlement, and collateral management faster, more transparent, and more capital-efficient. Financial institutions are actively building platforms to tokenize traditional and illiquid assets: Citi’s new offering developed with the SIX Digital Exchange tokenizes shares of late-stage private companies; UBS Tokenize is a institutional tokenization platform for bonds, structured notes, and tokenized funds; and Goldman Sachs’ GS Digital Asset Platform (DAP) supports digital issuance, tokenized fund interest, and blockchain settlement. Citi expects public market equities to achieve one of the highest tokenization penetration rates among key financial asset types. By 2030, approximately US$5.4 trillion worth of public equities assets could exist in tokenized form, representing roughly 66% of the total tokenized asset market. Estimating tokenization market size by 2030 (US$ trillion), Source: Tokenization 2030: Wall Street On-Chain, Citi, Jun 2026 Although the Oliver Wyman and Morgan Stanley report expects faster settlement and 24/7 trading hours to increase business activity and overall revenues for wholesale banks, these gains could be offset by lower profit margins as banks pass their reduced operating costs on to customers, and decreasing liquidity balances in accounts earning interests. Furthermore, it notes that the rapid adoption of digital assets could accelerate the entry of non-bank competitors, which could capture up to 10% of the market share and increase competitive pressure on incumbents. Total digital asset-driven revenue for wholesale banks, US$ billion, 2030, Source: Digital Rails, Real Economics: Digital Assets & the Future of Wholesale Banking, Oliver Wyman and Morgan Stanley, Mar 2026 AI in wholesale banking Besides estimates on the impact of digital assets on wholesale banking, the report also examines the state of the industry, delving into 2025 developments and emerging trends. It highlights that while artificial intelligence (AI) investment in wholesale banking continues to increase, banks are struggling to convert this momentum into meaningful financial outcomes. The Evident AI Index 2025, which assessed 50 of the world’s largest banks across North America, Europe, and Asia, found that only seven of the banks studied disclosed projected returns from all AI initiatives, and just four reported realized financial benefits. Year-over-year change in bank reporting on AI use cases and outcomes, Source: 2025 Evident AI Index Banks, Evident, Oct 2025 However, among the banks that reported both projected and realized outcomes, early results are significant. JP Morgan reported annual AI spend of about US$2 billion, with realized benefits already matching this level as of 2025. France’s BNP Paribas stated EUR 635 million (US$723 million) in AI-driven benefits in 2025, with projections rising to EUR 750 million (US$860 million) by 2026. In Singapore, DBS reported SGD 1 billion (US$774 million) in economic value from AI in 2025, up from SGD 750 million (US$581 million) in 2024. Other research mirror these gaps. A 2025 study by Boston Consulting Group (BCG) of more than 1,250 firms worldwide found that only 5% of the organizations polled have taken significant AI actions and actually achieved AI value at scale. Conversely, 60% reported achieving no material value at all, noting minimal revenue and cost gains despite substantial investment. Another 35%, or 13 points more than in 2024, were scaling up their efforts and seeing some returns, but many of them admitted that they were not moving far enough or fast enough. Despite this, AI investment continues to surge, with Wall Street analysts estimating US$1 trillion in total spending through 2027, CNBC reports. Stages of AI adoption in the enterprise, Source: BCG Build for the Future 2025 Global Study, Boston Consulting Group, Sep 2025   Featured image: Edited by Fintech News Switzerland, based on image by freepik via Magnific The post Digital Assets Could Generate US$8B in New Revenues for Wholesale Banks By 2030 appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Modernizing Bank Settlements with Blockchain

While today’s banking system presents itself as fully digital, the core settlement architecture remains rooted in systems designed decades ago. This infrastructure pose significant challenges as it is often built around fragmented legacy systems that are expensive to maintain, difficult to integrate with modern technologies, and slow to adapt to new regulations or products. Against this backdrop, blockchain technology represents a viable solution for upgrading this infrastructure, offering shared-ledger settlement in real time at costs and speeds suitable for production volumes, and providing the structural overhaul that banking infrastructure requires, according to a new report by management consulting firm Roland Berger. The paper notes that while many banks have already begun experimenting with blockchain, most activity remains confined to pilots and token gestures. The strategic challenge is therefore to move beyond experimentation while remaining compliant and managing risk. It outlines four steps to meet this challenge. First, banks must quantify the greatest sources of financial drain, customer friction or risk of inaction, and isolate one or two high-impact business cases. Then, they can develop a strategy that concentrates resources where there is a clear return on investment, avoiding engaging in initiatives that lack measurable return. Second, banks need to establish a dedicated digital assets team to bridge technology, finance and compliance. This team will be in charge of developing the strategy and implementation roadmap. It will require top-level sponsorship as digital asset programs are frequently met with skepticism across established banking structures, hence, clear executives backing is key to reduce internal resistance and signal institutional commitment. The third step involves translating prioritized pain points into a well-defined pilot. This pilot should be contained, for example, within a specific currency corridor or product line, and supported by clearly defined success metrics. A key decision at this stage will be whether to build a proprietary solution or participate in an existing blockchain consortium. Finally, the fourth and last step involves choosing the right blockchain based on alignment between the technology architecture and the operational and regulatory context in which it will be deployed. While public networks like Ethereum offer transparency, liquidity, and access to a broad developer ecosystem, banks’ privacy and compliance obligations may make private or permissioned configurations more appropriate. Often, a multi-chain approach proves the most relevant. Inefficiencies in current banking infrastructure Despite improvements on mobile apps and digital channels, the core infrastructure of banking still runs on settlement architecture designed in previous decades. This legacy infrastructure is plagued with inefficiencies that are embedded in interbranch settlement, interbank flows, cross-border transfers and operational areas such as lending and trade finance. Settlement processes still depend on reconciliation cycles and operating-hour limitations. Furthermore, large back-office teams continue to reconcile transactions manually, with one study indicating that 0.8-1.8% of these accounts are subject to error. These manual processes not only introduce delays and capital drag but also create a significant vulnerability to mistakes. Cross-border transfers show a similar pattern. These payments are routed through intermediary and correspondent banks operating across different time zones and regulatory regimes, with each intermediary performing compliance checks before funds reach their destination, causing settlement times to range from a number of hours to several days. This accumulates fees along the chain, and introduces opacity throughout the journey. Loan servicing is also plagued with timing gaps. Loan systems frequently rely on asynchronous updates across departments, creating temporary mismatches and limits responsiveness. Escrow processes likewise rely on legacy infrastructure and time-consuming manual verification, with buyers and financial institutions maintaining separate records across independent systems. Verifying contractual milestones typically requires documentation exchange before funds are released, extending closing processes to as much as 30-45 days. Similarly, trade finance remains heavily manual and document-driven. Transactions involve exporters, importers and banks that operate distinct record-keeping and compliance systems. These systems are rarely integrated, with verification requiring repeated document checks before capital can move. The potential of blockchain Blockchains are decentralized ledgers that allow transactions to be recorded, verified and synchronized across participants without requiring a central intermediary to reconcile accounts after the fact. This presents a fundamentally different operating model to a traditional bank core settlement architecture which uses centralized databases and trusted internal systems to process, reconcile, and finalize transactions. For interbranch settlements, a bank could deploy a private blockchain network in which each branch operates as a node with read and write access. When a customer at one branch withdraws funds deposited at another, the transaction is recorded on a shared ledger and becomes immediately visible across the network, with balances updating simultaneously. Major financial institutions are implementing tokenized deposits that enable immediate fund transfers across branches while reducing internal settlement friction. JP Morgan, for example, offers the Kinexys suite of blockchain services for moving money, tokenizing assets and exchanging financial information. JP Morgan is also part of the Canton Network alongside institutions like Goldman Sachs, HSBC, and BNY. The Canton Network is a blockchain network for regulated financial markets launched in 2023. In interbank settlements, instead of routing transactions through correspondent chains or relying on end-of-day netting, banks participating in a blockchain network can record obligations on a consortium platform accessible to authorized members. This blockchain layer would sit above existing core systems and connect through APIs, allowing synchronization without requiring a wholesale replacement of legacy infrastructure. This approach has already been tested through initiatives like the Monetary Authority of Singapore’s Project Ubin, which explored distributed ledger technology (DLT) for real-time gross settlement systems for interbank payments and securities settlement. A shared blockchain ledger can also function as a single source of truth for loan data. When a borrower makes a payment, the update is recorded once and reflected immediately across relevant departments. Versana illustrates this model in syndicated lending. The platform, which is backed by major banks, provides real-time visibility into loan positions, repayments and accruals for participating lenders. Cross-border transfers are another area particularly suited to shared ledger settlement. Instead of moving through multiple intermediaries, transactions can be recorded directly on blockchain infrastructure between participating institutions, reducing reliance on correspondent chains, improving speed, and ultimately cutting costs. According to an analysis by cryptocurrency investment group Keyrock, stablecoins can reduce remittances fees by 92%. Fee comparison by provider type for a US$200 transfer, Source: Keyrock Finally, trade finance and escrow arrangements can benefit significantly from blockchain technology. Platforms can digitalize trade documentation and store it on a shared ledger that is accessible to authorized participants. Smart contracts, meanwhile, automate verification by checking whether predefined conditions are met before triggering payment. Similarly, escrow arrangements can be automated through smart contracts that hold funds on blockchain infrastructure and release payment once predefined conditions are verified. Rather than relying on manual confirmation by an escrow agent, execution is triggered automatically when an authoritative event is recorded. American startup Propy exemplifies this model, using blockchain to modernize how property is bought, sold, and transferred. The company claims its model reduces closing time from 30-45 days to as little as 24 hours in some cases.   Featured image: Edited by Fintech News Swizterland, based on image by 21vectors via Magnific The post Modernizing Bank Settlements with Blockchain appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Seturion Teams Up With Weltix and BlockInvest for Italian DLT Framework

Seturion, the settlement platform for tokenised assets owned by Boerse Stuttgart Group, is partnering with Weltix and BlockInvest to build an integrated infrastructure for DLT based financial instruments in Italy. The collaboration aims to address the fragmentation of the settlement layer in Europe’s digital capital markets. It allows issuers to structure and issue tokenised financial instruments through the BlockInvest platform, while Weltix manages their circulation via its DLT register. Weltix is authorised by Italy’s Consob regulator under the country’s fintech decree. Seturion will handle the settlement of these transactions, offering the flexibility to settle in central bank money or on-chain cash. The infrastructure also makes the instruments eligible for trading across multilateral trading facilities and over-the-counter environments, including direct access to Boerse Stuttgart Group venues. Sven Wilke “We offer Italian issuers and investors the entire value chain in one regulated architecture, from issuance to settlement,” said Sven Wilke, Deputy CEO and CGO, Seturion. As European banks and issuers increasingly look to tokenise assets under new regulatory frameworks, they are doing so at a growing pace. However, the lack of an integrated settlement layer remains a bottleneck for institutional scaling. Lorenzo Rigatti “By combining BlockInvest’s orchestration platform with a robust, regulated settlement layer, we are building a seamless, end-to-end corridor for banks and corporates to move assets and capital fluidly across European borders,” said Lorenzo Rigatti, Founder and CEO, BlockInvest. The partnership is open to additional participants, including banks, trading venues, and other market players.     Featured image credit: Edited by Fintech News Switzerland, based on image by rawpixel.com via Magnific The post Seturion Teams Up With Weltix and BlockInvest for Italian DLT Framework appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Avaloq Secures Mobile Banking Deal with Four Swiss Cantonal Banks

Four Swiss cantonal banks have partnered with banking software and wealth management technology provider Avaloq to enhance mobile banking services for approximately one million clients in Switzerland. The consortium comprises Basellandschaftliche Kantonalbank, Basler Kantonalbank along with Bank Cler, St. Galler Kantonalbank and Thurgauer Kantonalbank. These institutions collaborated to evaluate and select a technology vendor to support their digitisation strategies. Phased Rollout for Digital Banking Tools The project will transition the banks to the new Avaloq mobile platform in phases. The updated application provides trading and portfolio management tools, customisable dashboards, real-time notifications and credit card management capabilities. It also integrates Apple Pay and Google Pay, and allows the banks to add features independently over time. Beyond the software deployment, the project serves as a model for stronger collaboration among cantonal banks. By pooling their experiences and aligning their innovation strategies, the participating banks plan to improve their digital offerings and the overall client experience. Manuel Niederkofler “We selected Avaloq for this project based on its proven track record in core banking, sustained investment in research and development, and its Swiss roots,” said Manuel Niederkofler, Head of IT at Thurgauer Kantonalbank. Christian Haux, Managing Director for Switzerland and Liechtenstein at Avaloq, said: Christian Haux “With rising expectations for intuitive digital services and self-service, mobile banking has become a clear priority for financial institutions, and we are committed to ensuring that our clients can offer a modern, user-friendly mobile banking experience.”       Featured image credit: Edited by Fintech News Switzerland, based on image by tahantanha10 via Magnific The post Avaloq Secures Mobile Banking Deal with Four Swiss Cantonal Banks appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Tenity Invests €3 Million in AI Property Management Startup reltix

Tenity has announced its investment in reltix, an AI-native property management company operating across Europe. The investment forms part of a €3 million pre-seed funding round. The funding announcement comes as reltix achieves a milestone of €1 million in annual recurring revenue. Founded by Léon Alex Bamesreiter and his co-founding team, the company acts as a direct property manager rather than selling software tools to traditional operators. Reltix intends to turn operational workflows and data points into the structured foundation of an open operating platform. The company plans to integrate partners across banking, energy, and construction to build an infrastructure layer for the residential property management market. Léon Alex Bamesreiter “Building an AI-native property management business means transforming an industry long overdue for meaningful change,” said Léon Alex Bamesreiter, Co-Founder of reltix. He added that collaboration with Tenity provides an ecosystem. It helps the startup scale innovation in a traditionally analog sector. Tenity chose to invest due to the large size of the underserved property management market. The sector typically suffers from poor service levels and low software penetration. The investment platform also cited reltix’s early execution, noting that it expanded its geographic reach within less than a year of entering the market. Guillermo Forteza “Rather than optimising within the existing model, reltix is creating an open ecosystem where service quality improves structurally,” said Guillermo Forteza, Principal and Investment Lead Europe at Tenity. He noted that the business model becomes more scalable as technology absorbs more of the workflow. According to Tenity, the investment reflects its strategy of backing founders who rethink established industries from first principles. The investment firm believes highly attractive opportunities in services come from companies that own the customer relationship. These companies use AI to deliver consistent outcomes.     Featured image credit: Edited by Fintech News Switzerland, based on image by Tenity The post Tenity Invests €3 Million in AI Property Management Startup reltix appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Alibaba Cloud Expands European Footprint With New Paris Cloud Region

Alibaba Cloud has opened a new cloud region in France, adding two availability zones to its European infrastructure network to support growing regional demand for data-sovereign digital services. The Paris facility is the company’s third European hub, joining its existing data centres in Germany and the UK. The expansion provides enterprise-grade cloud computing services that comply with European data privacy, cybersecurity, and resilience regulations. The infrastructure supports elastic computing, storage, containerisation, networking, security, databases, and advanced developer tools. In the second half of 2026, Alibaba Cloud will introduce a suite of agentic AI services tailored for European markets. These tools are designed to help enterprises build, deploy, and manage AI agents while maintaining local compliance and security. The planned lineup includes AgentRun, a development platform for AI agents, and STAROps, an intelligent operations platform. The suite also features security-focused tools such as ACS Agent Sandbox for hardware-level isolation, Agent Security Center for supply chain transparency, and AI Security Guardrails 2.0 to monitor model interactions and intercept runtime risks. Dr. Feifei Li “The expansion of our cloud infrastructure into France reinforces our ongoing commitment to empowering European businesses with sovereign, secure, and intelligent solutions,” said Dr. Feifei Li, Chief Technology Officer and President of International Business of Alibaba Cloud. Alibaba Cloud has operated in Europe since 2016, providing digital solutions for multinational and local enterprises. The provider recently supported the Paris 2024 Olympic Games with cloud and AI services and announced a multi-year technology partnership with UEFA in May 2026.     Featured image credit: Edited by Fintech News Switzerland, based on image by Alibaba Cloud The post Alibaba Cloud Expands European Footprint With New Paris Cloud Region appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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>>venture>> Reveals 2026 Fintech Competition Winners

The 2026 >>venture>> competition has announced its results, with three Swiss fintech startups recognised in the Business and Finance category. Swiss regtech RegCheck secured the top prize in the vertical, taking home CHF 50,000 and a consulting package from McKinsey and Company. The competition also recognised reilo. and UAC Labs as finalists for their respective financial solutions. RegCheck (Winner) Source: >>venture>> RegCheck uses AI to simulate regulatory audits, helping regulated firms spot compliance gaps before submission and enabling more consistent reviews. reilo. (Finalist) Source: >>venture>> reilo. turns smallholder farmers’ natural assets into bankable collateral, unlocking capital and carbon income for 500 million farmers excluded from finance. UAC Labs (Finalist) Source: >>venture>> UAC Labs builds coordination infrastructure that guarantees atomic settlement across any financial system, without intermediaries or locked capital. Launched in 1997, >>venture>> has been fostering winning business ideas for over 25 years. Competition alumni have gone on to successfully found over 1500 companies and create more than 15,000 jobs in Switzerland.     Featured image credit: Edited by Fintech News Switzerland, based on image by Nadifa99 via Magnific The post >>venture>> Reveals 2026 Fintech Competition Winners appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Visa Rolls Out Click to Pay for Revolut Cardholders Across Europe

Visa has rolled out its Click to Pay feature for eligible Revolut Visa cardholders across Europe and the UK, enabling a faster and more secure online checkout experience. The global standard removes the need for consumers to manually enter card numbers, passwords, or one-time codes at checkout. Because Revolut is enabling the feature at the card level, millions of users will be automatically enrolled when shopping at participating online merchants both domestically and internationally. According to data from the Visa network, the technology can reduce fraud by up to 91% by replacing exposed card details with secure tokenised credentials. The system also increases transaction authorisation rates by up to 11% and cuts checkout times by up to 20 seconds compared to manual card entry. Expanding digital checkout capabilities Revolut is introducing the feature to its base of more than 13 million customers in the UK and 40 million users across Europe. The company also plans a coordinated rollout across international markets, including Singapore, Australia, New Zealand, and Japan, while making the option available to merchants in the UK and Europe. Mathieu Altwegg “By bringing Visa Click to Pay to millions of people, they are moving the optionality of online checkouts towards a new best-in-class solution, built on the foundations that will power the next generation of digital experiences,” said Mathieu Altwegg, Head of Product and Solutions, Europe, Visa. Alex Codina “Our goal is to offer flexible, secure ways to pay, and integrating the Click to Pay standard gives our customers an excellent additional option for a smooth checkout experience,” said Alex Codina, General Manager of Merchant Payments at Revolut. Tokenisation and future commerce The payment infrastructure reflects a broader industry shift away from static card details towards digitally native credentials. The system relies on network tokenisation, which protects sensitive card information by replacing static details with secure digital tokens designed specifically for digital commerce. The feature also supports modern authentication methods such as Visa Payment Passkeys, which use biometrics to confirm consumer identity quickly. This integration helps establish foundations for future use cases where payments and identity work seamlessly in the background, including embedded commerce and digital verification.     Featured image credit: Edited by Fintech News Switzerland, based on image by freepik via Magnific The post Visa Rolls Out Click to Pay for Revolut Cardholders Across Europe appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Traditional Wealth Firms Lose Share to Wealthtechs, Robo-Advisors, Single-Family Offices

Competition in the wealth management industry has intensified significantly, driven by new digital challengers and specialized providers, eroding customer loyalty, and increasing demand for better access to alternative investments, according to Capgemini Research Institute’s World Wealth Report 2026. Released earlier in June, the report draws on three research efforts conducted in January 2026 across the wealth management industry: the 2026 Global HNWI Insights Survey polled more than 6,500 global high-net-worth investors (HNWIs); the 2026 Global Wealth Management Executive gathered 144 responses from the industry across ten markets; and the 2026 Global Relationship Manager Survey included more than 1,300 responses from across 16 markets. Client loyalty erodes The research reveals that traditional wealth management firms are facing mounting competitive pressure as customer loyalty weakens. In 2019, 39% of HNWIs with financial assets exceeding US$1 million reported working with a single firm for their wealth management needs. By 2025, that figure had dropped to just 19%, marking a 50% decline in the share of exclusive relationships. Conversely, the proportion of HNWIs working with four to six wealth management firms surged from 12% to 25%, representing a 100% surge over the same period. Incumbent providers face a double threat- declining mindshare and shrinking wallet share, Source: World Wealth Report 2026, Capgemini, Jun 2026 These findings suggest that incumbents are losing ground on two fronts: in client mindshare as advisory relationships fragment, and in wallet share as assets flow to a broader ecosystem of specialized providers. This decline in mindshare translates directly into measurable losses in wallet share. Between 2022 and 2025, traditional wealth management firms failed to fully capitalize on the growth in global HNWI investable assets, resulting in a significant portion of this growth captured by other competitors. Capgemini estimates that this shortfall amounts to at least a 1.6-point in global HNWI investable wealth, representing a conservative estimate of approximately US$1.5 trillion in uncaptured assets under advice. Unmet needs drive shift to specialized providers HNWIs are splitting their portfolios among multiple firms to access specific products that traditional banks often lack. Notably, 88% of HNWIs choose to work with multiple providers in order to access better alternative investments. Digital assets also play an important role. 50% of HNWIs consider access to digital assets an important factor when selecting a wealth manager, driven by a desire to experiment and gain exposure to the niche asset class. However, many traditional firms lack the secure custody infrastructure and specialist expertise needed to support this demand, or do not provide HNWIs with access to these assets. Against this backdrop, focused competitors, including weatlhtech firms, single-family offices, and robo-advisory platforms, are increasingly capturing market share from incumbents, attracting clients who feel underserved on product breadth, advice quality, or both. These competitors benefit from greater nimbleness, allowing them to expand at materially higher rates than the overall market. Projections between 2024 and 2030 indicate substantial growth across these segments. Single-family offices are expected to achieve a 9.7% compounded annual growth rate (CAGR) for assets under management (AUM), independent advisors a 6.8% CAGR, and the robo-advisory market a striking 44.1% CAGR. Embracing technology for efficiency While expanding products and services boost loyalty, realizing measurable value requires proper coordination and management across the customer journey. Currently, 60% of executives report that their firms lack a unified client view, resulting in fragmented processes and duplicated effort. Moreover, 41% of relationship manager time is consumed by operational tasks, leaving limited capacity for proactive client engagement. Relationship managers recognize the need to embrace advanced technologies to boost efficiency and enhance client experience. 71% of relationship managers want digital and artificial intelligence (AI)-enabled systems to automate routine work, and 61% want access to an integrated ecosystem of specialists to respond effectively across financial and non-financial needs. This indicates that frontline staff feel constrained by routine tasks and are actively seeking to transition from administrative bottlenecks to strategic advisory roles. It also reflects a recognition that modern clients expect holistic support spanning financial and personal life domains rather than isolated investment advice. Global HNWI wealth surges As customer expectations change, HNWI wealth is experiencing robust growth. In 2025, global wealth of HNWIs increased 8.7% year-over-year (YoY), reaching a record of US$98.3 trillion, representing the largest single-year increase since 2018. Nearly 2 million people became millionnaires last year, bringing the total number HNWIs to 25.3 million. Global wealth creation accelerates despite regional imbalances, Source: World Wealth Report 2026, Capgemini, Jun 2026 Across wealth bands, ultra-high-net-worth individuals (UHNWIs) with financial assets exceeding US$30 million captured the largest share of the gains. Global UHNWI wealth grew 9.7% YoY, outpacing the broader HNWI segment. In 2025, that global population stood at roughly 250,000, marking a 9.4% YoY increase, and retaining its status as the fastest-growing wealth segment for the second consecutive years. Equity markets, fueled by AI-related rallies, were the primary engine of HNWI wealth growth across the five major regions. Asia-Pacific posted the highest regional growth in wealth of 10.5% and HNWI population growth of 9.4% as semiconductor demand boosted Asian stock markets. Japan and China were among the strongest performers, adding 436,000 and 154,000 millionaires, respectively. North America’s HNWI population increased 9.1%, led by the US, which added 736,000 new millionaires, more than any other country worldwide. Europe’s HNWI population grew 6.5% in 2025, with Luxembourg emerging as one of the highest-growth markets with an increase of 13.5% of its HNWI population, followed by Germany, which registered an 11.1% growth of its HNWI population. HNWI population growth mirrors rising global wealth creation momentum, Source: World Wealth Report 2026, Capgemini, Jun 2026   Featured image: Edited by Fintech News Switzerland, based on image by thanyakij-12 via Magnific The post Traditional Wealth Firms Lose Share to Wealthtechs, Robo-Advisors, Single-Family Offices appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Switzerland Introduces New Standard for Digital Pension Certificates

Swiss Fintech Innovations (SFTI) has welcomed the launch of a standardised digital pension certificate for vested benefits and Pillar 3a pension foundations. Developed by Verein Vorsorge Schweiz (VVS) in partnership with the bvg-digital association, the initiative aims to make pension certificate data machine readable and reusable across digital services. The new QR code standard formats key pension information into a structured layout. This design enables financial applications to integrate pension data in a structured way, simplifying wealth planning for Swiss consumers. The technical foundation relies on the Pension API Version 4, created by the SFTI Common API working group. This framework expands existing open finance protocols to include specific support for handling vested benefits and Pillar 3a certificates. Stephanie Wickihalder “The digital pension certificate is a very tangible example of the value that common standards can create,” said Stephanie Wickihalder, President of SFTI. “Pension data becomes easier to access and can be used more effectively in further digital services.” SFTI stated that the next phase of the project involves driving implementation across Swiss financial institutions. The goal is to make the digital pension certificate widely usable across the wealth ecosystem.     Featured image credit: Edited by Fintech News Switzerland, based on image by watercolor_vect via Magnific The post Switzerland Introduces New Standard for Digital Pension Certificates appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Amundi Launches Tokenised Money Market Fund With Ant International, CACEIS

Amundi, a European asset manager, has launched tokenised share classes for its short-term money market fund to enable real-time liquidity management for digital payments provider Ant International. Developed in partnership with asset servicing leader CACEIS, the bespoke euro and US dollar-denominated share classes mark the first operational milestones under an agreement signed between the companies last November. The tripartite initiative allows Ant International to use digital fund shares for its intra-group treasury operations. CACEIS supports the mechanism by serving as both the transfer agent and tokenisation agent for the fund. The implementation aims to improve the efficiency of digital corporate treasury operations by moving traditional fund investments onto the blockchain. Fannie Wurtz “We are delighted to support Ant International in this pioneering project and to further advance the real-world applications of tokenisation in investment solutions,” said Fannie Wurtz, Deputy General Manager, Head of Client Group and Chair of Asia at Amundi. Wurtz added that the collaboration reflects the firm’s goal to meet the evolving needs of sophisticated institutional clients. Ant International has used blockchain infrastructure for its internal treasury management since 2019. The digital payments provider aims to build an environment for instant, borderless money movement. Kelvin Li “We believe blockchain and AI can unlock real-time solutions for global corporate treasurers,” said Kelvin Li, General Manager of Platform Tech and Senior Vice President at Ant International. “We are glad to work with Amundi to co-develop secure, compliant investment products accessible 24/7 globally.” Following the initial roll-out, the three institutions are exploring the integration of the short-term money market fund with Whale, which is Ant International’s proprietary blockchain-based treasury management platform. The planned expansion aims to onboard Amundi funds directly onto the Whale network to co-develop new money market solutions tailored for corporate treasurers globally. Amundi and Ant International are also looking into expanding the digital solution to additional markets and currencies. The companies stated that the deployment of these upcoming advancements remains subject to all necessary legal and regulatory approvals.     Featured image credit: Edited by Fintech News Switzerland, based on image by Ant International The post Amundi Launches Tokenised Money Market Fund With Ant International, CACEIS appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Blockworks Acquires Messari to Consolidate Crypto Data Infrastructure

Digital asset platform Blockworks has acquired crypto market intelligence firm Messari as part of a strategic push to consolidate the fragmented digital asset data sector. The acquisition follows a recent Series A extension funding round raised by Blockworks specifically aimed at driving sector consolidation. Messari provides data coverage for over 40,000 assets and operates an API that supplies data across markets, exchanges, protocols, token unlocks, and social sentiment. This infrastructure is widely used by funds, exchanges, and developers to power algorithmic trading models, compliance workflows, and application development. The transaction comes at a time when the digital asset market is maturing and undergoing increased institutionalisation and regulation. As institutional capital moves onchain, market participants require standardised infrastructure for investor relations, compliance monitoring, asset underwriting, and regulatory reporting. The combined entity aims to bridge the gap between asset issuers and underwriters. Blockworks has previously focused on the issuer side through its Token Transparency Framework and institutional investor relations platform. Messari has historically served underwriters, including funds, exchanges, and regulators, through its market intelligence tools and API data layer. By combining proprietary data, issuer disclosures, onchain activity, and AI, the platform intends to establish a single system of record for onchain businesses. This integrated infrastructure will provide automated workflows and data access for developers, financial institutions, and autonomous trading agents.     Featured image credit: Edited by Fintech News Switzerland, based on image by 21studio via Magnific The post Blockworks Acquires Messari to Consolidate Crypto Data Infrastructure appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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How Neobanks and AI Are Breaking Customer Loyalty in Banking — Insights from McKinsey

In the past 20 years, many analysts and banking leaders predicted banks would lose their hold on customers. Some foresaw this after the 2008 financial crisis, others during the 2010s explosive growth of technology platform companies and the first wave of fintech startups. Despite all these predictions, the tipping point where banks truly lost customer grip didn’t actually happen until 2025. This turning point was propelled by transformative changes across four key dimensions: the maturation of fintech firms, evolving customer behaviors, breakthroughs in neobanking, and the accelerated adoption of artificial intelligence (AI) and stablecoins, according to McKinsey’s 2026 Global Banking Annual Review. Four dynamics reached a tipping point in 2025, threatening incumbents’ customer primacy, Source: 2026 Global Banking Annual Review, McKinsey, May 2026 Fintech firms evolve and mature The report, released in May 2026, analyzes the global banking sector’s 2025 performance, profitability trends, and strategic direction for financial institutions. This edition highlights a tipping point in customer relationship, catalyzed in part by the evolution of the fintech ecosystem. In 2025, fintech revenues reached US$650 billion. While this remains a small portion of the banking industry’s US$7.3 trillion, the sector has matured significantly, with established firms reaching scale, and using their capital to attack some of banking’s most valuable profit pools, particularly in payments, wealth management, capital markets, and lending. A comparison of the world’s top 1,000 banks versus the top 1,000 fintech firms further highlights this trend. The “millenniad” of the top banks generated US$3.8 trillion in revenues, while their fintech counterparts generated US$625 billion. These figures represent a 22% increase between 2021 and 2025 for fintech firms, compared to just 5% for banks. Looking ahead, fintech firms are set for further expansion as several reversed their strategy and are now actively pursuing banking licenses. In 2025, 21 banking license applications were filed in the US, marking a sharp increase from one in 2024 and five in 2023. About 38% of these applications were accepted. Neobanking booms Similarly, leading neobanks continued to grow in 2025, achieving scale at unprecedented speeds across major markets. As of December 2025, UK-based Revolut was the 11th-most-valuable bank in Europe, and now boasts 75 million retail customers. Nubank claims 135 million customers, and is the most valuable bank in Latin America. For China’s WeBank, the figures are 430 million customers and 11th place in market value among the nation’s banks. Financially, these institutions outperform incumbents on several key metrics. While the return on equity (ROE) for the US and European banking industries sits at about 12%, Nubank’s is at about 30%, Robinhood’s exceeds 20%, and Revolut and Wise both clock in at about 35%. Higher ROE for neobanks means they are generating more profit from every dollar of shareholder investment compared to traditional banks. This advantage largely comes from their lean business models, which avoids expensive physical branches and outdated technology systems. Leading banks, by number of customers and ROE, 2021-2025, Source: 2026 Global Banking Annual Review, McKinsey, May 2026 As established neobanks grow, these players continue to expand their suite of banking products and services. Nubank launched in 2014 its first product, a no-fee credit card, and now offers current and savings accounts, debit cards, money transfer, and services for businesses. Revolut, which launched in 2015 with prepaid cards, foreign exchange, and spending analytics, today offers about 50 products, including capital markets, commodities, and crypto trading; personal loans; a range of credit cards; and a suite of services for small and medium-size enterprises (SMEs). Agentic AI and stablecoins are dissolving customer stickiness AI agents and stablecoins represent two emerging technologies that threaten to erode the relationship between traditional banks and their customers. AI agents can perform task and solve issues largely on its own. In deposits, they can monitor balances in real time, compare returns across institutions, sweep idle cash into higher-yield accounts, and then sweep cash back to a checking account in time for bills. This not only reduces customers’ reliance on traditional banks, but also allows more of the spreads captured by banks to go to account holders, effectively cutting off some of the revenue banks earn from passive accounts. Beyond deposits, AI agents can help consumers shift credit card balances, exploit sign-up offers, and cash in loyalty points. They can also make tax planning simple for consumers and might provide an entry point into wealth management and advisory. Consumer lending and other banking businesses could also lose customers to agent-powered fintech solutions. Stablecoins is another technology that poses a similar threat to the customer relationship. Stablecoins can make it cheaper and faster to send money across borders, which is particularly valuable for uses such as trade finance or remittances involving jurisdictions with less developed payments systems. As adoption of stablecoins grows, fiat deposits may shift toward stablecoin reserves, and businesses may reduce cash buffers required for international operations. The stablecoins market has grown from less than US$10 billion six years ago to more than US$300 billion today. Citi estimates this figure could reach up to US$4 trillion by 2030. Shifting customer behaviors Finally, the fourth and last driver highlighted by McKinsey is the fundamental shift in customer behavior. Traditional banks have historically relied on older customers for an outsize share of revenues and profits. That’s becoming a problem as younger customers are revealing quite different preferences for how they want to bank. These customers are more highly engaged, expect services that put the customer at the center, value innovation, and prize responsiveness. Incumbents oftentimes struggle to deliver these qualities, prompting younger customers to consider switching to nonbank providers. According to a 2025 Deloitte survey, younger consumers are significantly more willing to switch banks. Specifically, 26.6% of Gen Z and 22.5% of Millennial respondents, born between 1981 and 2012, indicated they are likely to switch within the next two years. This rate is two to five times higher than that of their Gen X or Baby Boomer counterparts, born between 1946 and 1980. Percentage of respondents who are likely to switch in the next two years, Source: Deloitte Consumer Banking 2025 Survey, Feb 2026 In terms of digital platform usage, Millennials lead across most categories, though Gen Z track closely behind, except for payments, where Gen X, millennial, and Gen Z respondents exhibit a similar level of preference. Percentages of respondents using selected financial apps, Source: Deloitte Consumer Banking 2025 Survey, Feb 2026   Featured image: Edited by Fintech News Switzerland, based on image by thanyakij-12 via Magnific The post How Neobanks and AI Are Breaking Customer Loyalty in Banking — Insights from McKinsey appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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True Wealth Hits CHF 3 Billion Milestone in Assets Under Management

True Wealth has surpassed CHF 3 billion in assets under management. The milestone indicates an accelerating shift towards digital investment solutions and automation within the Swiss financial ecosystem. The digital wealth manager experienced rapid growth over the past year. While accumulating its first billion francs required several years following the inception of the platform, the company secured its third billion within 10 months. The company launched in 2013 with a focus on creating a transparent, user-centric investment platform. True Wealth previously reported reaching the CHF 1.5 billion mark, and this latest accelerated client asset growth reflects expanding investor confidence in technology-driven wealth management. The company currently manages more than 45,000 client relationships. This establishes its position as a leading digital wealth manager in Switzerland. Oliver Herren “Because I am a customer myself, I am very close to the product and can help improve the solutions,” said Oliver Herren, Co-founder of True Wealth, in a LinkedIn post. “We are only at the beginning. Let’s keep going.” The company originally launched the platform to make professional wealth management accessible to a broad audience by offering wealth accumulation solutions at a low cost.     Featured image credit: Edited by Fintech News Switzerland, based on image by lifeforstock via Magnific The post True Wealth Hits CHF 3 Billion Milestone in Assets Under Management appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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