May 13, 2020 BY Steffy Bogdanova

JPMorgan to offer services to bitcoin exchanges Coinbase and Gemini

The multi investment bank is providing cash-management and dollar-based transaction services for the two exchanges’ US customers, as well as processing wire transfers and deposits and withdrawals using an electronic funds-transfer system. Coinbase and Gemini’s customers will be able to move money between their cryptocurrency accounts and their traditional bank accounts with the transactional services…

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May 13, 2020 BY Steffy Bogdanova

Bitcoin “halving”, what’s next?

Jean-Marie Mognetti, CEO of CoinShares - a digital asset manager said: The rest of the world needs to either keep printing money or see their own currency eroding drastically in front of the unbeatable dollars. Turkey, Brazil, or Argentina are the perfect examples of this. Consequently, in a world where investors continue to seek protection…

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The Swiss Stock Exchange adds RIZE ETFs of medical cannabis and cyber security.
May 12, 2020 BY Steffy Bogdanova

André Helfenstein elected to the board of directors of SIX

In his 12 years with the bank, he has held various management position in different areas of the private clients business as well as in the corporate and institutional clients business. Prior to joining Credit Suisse, Helfenstein served over ten years at Boston Consulting Group, most recently as a partner and managing director. He is…

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partnership
May 12, 2020 BY Steffy Bogdanova

Wirecard and Varengold Bank provide payment solutions to FinTech firms

The cooperation will provide for Varengold Bank’s customers Wirecard’s banking-as-a-service expertise, spanning digital banking, prepaid card issuing, acquiring and loan fronting services. Wirecard’s customers will, in turn, benefit from Varengold Bank’s capabilities in creating tailor-made financing solutions. Leonard Coen, Head of Sales Financial Institutions & FinTech Europe at Wirecard commented: At its core, this collaboration…

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