Swiss financial infrastructure provider SIX Group is running a weekend hackathon with a view to acquiring new talent ahead of the launch of a fintech incubator in May.
SIX achieved excellent results in the 2014 financial year. All four business areas boosted their earnings, with some of them increasing their profits significantly.
A new non-profit programme offering fintech startups free access to data feeds and APIs from providers such as Thomson Reuters and Xignite is gearing up for launch later this month.
In response to banks' demand, SIX is to establish a central trade repository for derivative transactions in Switzerland.
As the specialist of cashless payment solutions, SIX Payment Services saw online transaction volumes rise in 2014 alongside constant increases in traditional card payments using credit and debit cards at the point of sale (POS).
Together with the regional bank from the Aargau, SIX Payment Services is bringing the first contactless debit card to the Swiss market.
SIX Payment Services is adding a contactless payment function to its cCredit software terminal.
SIX Payment Services, a leading European provider of services along the entire value chain of cashless payments, has secured an agreement to provide payment services for Mazovian Railways (MR).
As an operator of financial market infrastructure, SIX supports the intention of the Federal Council to regulate financial market infrastructure and derivatives trading through a law. SIX recognizes that the legislation proposed at the beginning of September is pragmatic and feasible, and that it is largely based on international standards.
SIX Securities Services - the Swiss international post-trade services provider- and Euroclear Bank - the Brussels-based international depository - today announced a cooperation initiative to provide more cost- and risk-efficient fund services to Swiss investors.
© Finextra Research 2015