A UBS-led plan to develop a digital cash system based on blockchain technology has won the support of six major banks ahead of a planned launch in late 2018
Credit Suisse's fintech fund has made a majority investment in Sapience Analytics, an Indian firm that helps firms monitor how employees use their computers and phones. Financial terms were not disclosed.
Former Credit Suisse board member Gaël de Boissard and ex-Deutsche Bank COO Henry Ritchotte have invested in James, a startup using artificial intelligence to tackle credit risk.
Credit Suisse is offering a four-step digital onboarding service for new clients, promising a paperless, 15-minute sign-up process.
For the revamp of its Online Banking platform, Credit Suisse worked closely with private and corporate clients with the aim of developing functionalities that match their needs as closely as possible.
Euronext is to acquire a 90% stake in spot FX trading network FastMatch for an initial cash consideration of $153 million.
Banks across Switzerland are developing a standard operating system for all ATMs in the country, providing consumers with a common user interface and new capabilities for cardless transactions.
Vendor Synaps Loans and a group of banks working under the R3 blockchain banner, say they have made big progress in an initiative to apply distributed ledger technology to an overhaul of the antiquated and costly manual intervention in the $3 trillion global syndicated loans market.
Credit Suisse has partnered with Singaporean account aggregation startup Meisitis to provide clients of its digital private banking platform with a single portfolio view of their holdings across multiple institutions and asset classes.
Credit Suisse has carried out a global hackathon to find ways in which the R3 Corda distributed ledger platform can be used to make big cost savings.
© Finextra Research 2017