Established Swiss companies launch fintech association

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31.03.2016

Today, the “Swiss Fintech Innovations” association was launched. Founding Members include nclude Credit Suisse, Helvetia Insurance, Hypothekarbank Lenzburg, Lombard Odier, Raiffeisen, SIX Group, Swiss Life, Bank Vontobel and Zürcher Kantonalbank.

With Swiss Fintech Innovations, leading companies in the financial market place are joining forces and ensuring direct contact between the financial sector, financial technology companies (Fintech startups), the scientific community, service providers, organisations, authorities and policy makers. Their aim is to create a joint platform for the whole spectrum of forward-looking Fintech initiatives and activities in Switzerland and, by doing so, to actively promote the digitisation of the financial industry.

Swiss Fintech Innovations is focussing on attracting and promoting (young) innovative companies and professionals, promoting direct interdisciplinary collaboration between the business and scientific communities, supporting the best regulatory frameworks and technical standards, as well as pursuing joint research and development projects. The strengths and advantages of the Fintech centre in Switzerland also need to be communicated effectively at a national and international level. Close collaboration is also planned with the Swiss Fintech Research Lab, which is currently under construction at the University of Zurich, as well as with existing and future innovation labs, accelerators, funding programmes and investors.

Broad Support
Swiss Fintech Innovations is supported by its member companies, both financially and operationally. At the time of its founding these companies include Credit Suisse, Helvetia Insurance, Hypothekarbank Lenzburg, Lombard Odier, Raiffeisen, SIX Group, Swiss Life, Bank Vontobel and Zürcher Kantonalbank. These member companies ensure links with the Fintech industry, the scientific community, trade associations and the public domain. This core group of founding members guarantees broad support for the association. They are aiming to strengthen their support base in all parts of the country. Accession talks are already being held with a range of companies and institutions.

(Press release)

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