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Swissquote to use Marqeta API for all-in-one banking app 5 hours ago
Source: Marqeta Marqeta, the global modern card issuing platform, today announced it is partnering with Swissquote, a leading provider of online financial services, to offer a new app-based card program that gives users control over a range of financial activities, including banking and investing, in a single digital space. Swissquote launched in 1996 and is a leading online trading platform in Switzerland, with offices in Hong Kong, Singapore, Malta, Luxembourg and the UK. The company has a long history of financial innovation and was one of the first trading specialists to offer real-time quotes. Swissquote was also an early adopter of AI and machine learning in financial services, launching a robo-advisor in 2010, an
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This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
Facebook Diem shifts operations from Switzerland to US 2 hours ago
3 Facebook-backed cryptocurrency Diem is abandoning efforts to gain a payments licence from Swiss regulator Finma and instead switching its focus to the US The Diem Association, which oversees development of the digital currency, has shifted its operations to the US and partnered with crypto-friendly US bank Silvergate, which will become the exclusive issuer of the Diem USD stablecoin.
The company says the formation of the partnership is an important step in preparation for a Diem USD pilot.
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Editorial | what does this mean?
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
The real price of the bitcoin gold rush
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With international focus on sustainability sharpening, the energy consumption of the world’s first ever popular virtual currency, bitcoin, is being put under the microscope. Its most vehement detractors argue bitcoin uses an unjustifiable amount of energy, and represents a thorn in the side of the wider green transition. Bitcoin’s advocates, on the other hand, claim this is an oversimplification, and measures can be taken to ensure the blockchain network becomes sustainable long-term.
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This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
CrwodProperty launches in Australia
Source: CrowdProperty The UK’s leading specialist property project online lending platform CrowdProperty has expanded its international footprint, announcing the launch of CrowdProperty Australia. Leveraging the UK s market-leading asset-class expertise, proprietary technology and experience of growing the leading specialist platform in its space in the UK, CrowdProperty has launched in Australia to offer a non-bank lending alternative to the SME property development market, which faces very similar pains to those being solved by CrowdProperty in the UK.
External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Bank of Ireland makes it easier for asylum seekers to open bank accounts 3 hours ago
Source: Bank of Ireland Bank of Ireland has made it easier for international protection applicants to access everyday banking services by accepting alternative State-issued documentation as proof of identity and address when opening current accounts. The Bank has also launched a new website hub offering practical guidance and support to asylum seekers and refugees on account opening.
Asylum seekers may not have the traditional documentation that most banks - including Bank of Ireland - require to set up a bank account. They may also have more limited knowledge of the local banking system and the options available to them.