SNB

Swiss Cantons Basel-City and Zurich pioneer the settlement of digital bonds transactions in SNB's Swiss-Franc wCBDC on SIX Digital Exchange

Retrieved on: 
Monday, December 4, 2023

ZURICH, Dec. 4, 2023 /PRNewswire/ -- On 1 December 2023, digital bond issuances by the Cantons of Basel-City and Zurich were successfully settled using real CHF wholesale central bank digital currency (wCBDC) issued by the Swiss National Bank (SNB) on SIX Digital Exchange (SDX).

Key Points: 
  • ZURICH, Dec. 4, 2023 /PRNewswire/ -- On 1 December 2023, digital bond issuances by the Cantons of Basel-City and Zurich were successfully settled using real CHF wholesale central bank digital currency (wCBDC) issued by the Swiss National Bank (SNB) on SIX Digital Exchange (SDX).
  • It is the first time the SNB has issued real wCBDC in Swiss francs on a financial market infrastructure based on distributed ledger technology (DLT).
  • As part of the project, Basler Kantonalbank and Zürcher Kantonalbank, acted as issuer agents of the cantons of Basel -City and Zurich .
  • In addition, as dual-listed bonds, they will be listed and tradeable at SDX (exchange) and SIX Swiss Exchange.

SIX collaborates with the Swiss National Bank to pilot wholesale CBDC issuance in Switzerland

Retrieved on: 
Thursday, November 2, 2023

SIX , the Swiss National Bank (SNB) and six commercial banks, will collaborate on a ground-breaking pilot focused on tokenized central bank money for financial institutions (wholesale CBDC).

Key Points: 
  • SIX , the Swiss National Bank (SNB) and six commercial banks, will collaborate on a ground-breaking pilot focused on tokenized central bank money for financial institutions (wholesale CBDC).
  • This pilot, Helvetia Phase III, will, for the first time, see the orchestration of a real Swiss Franc wCBDC settling digital securities transactions.
  • The pilot builds on the findings of earlier Helvetia Phases I and II by the BIS Innovation Hub, the SNB and SIX.
  • Participating banks will be able to issue digital Swiss Franc bonds, which will be settled against wCBDC on a delivery-versus-payment basis.

Saudi Tourism Authority and JCB sign a MoU to boost tourism in Saudi among global JCB cardmembers

Retrieved on: 
Wednesday, October 18, 2023

RIYADH & TOKYO, Oct 18, 2023 - (JCN Newswire) - Saudi Tourism Authority (STA) and JCB International Co., Ltd. (JCB) have reached a historic agreement aimed at boosting tourism in Saudi among JCB cardmembers globally.

Key Points: 
  • RIYADH & TOKYO, Oct 18, 2023 - (JCN Newswire) - Saudi Tourism Authority (STA) and JCB International Co., Ltd. (JCB) have reached a historic agreement aimed at boosting tourism in Saudi among JCB cardmembers globally.
  • The Memorandum of Understanding (MoU) was signed on 15 October 2023 and signifies a significant milestone in collaboration between the two entities.
  • Alhasan Aldabbagh, President of Asia Pacific Markets at Saudi Tourism Authority (STA), said: "We are thrilled to partner with JCB International, a global leader in payment and technology.
  • This partnership signifies an important step in enhancing tourism, facilitating travel, and fostering greater cultural exchange between Saudi and Japan.

FUTURE INVESTMENT INITIATIVE INSTITUTE ANNOUNCES ITS LIST OF GLOBAL PARTNERS AHEAD OF THE FII7 CONFERENCE

Retrieved on: 
Tuesday, October 24, 2023

RIYADH, Saudi Arabia, Oct. 24, 2023 /PRNewswire/ -- Leading global organisations from business, academia and public policy are supporting an ongoing programme of research, investment and platforms to address global challenges including economic stability and growth, equitable development, climate change investment, the environment, and the acceleration of technologies including AI, and their impact on education and health. 

Key Points: 
  • FII Institute announces its list of partners, representing leading global organizations from business, academia, and public policy sectors.
  • This year's activities will culminate in three days of focused discussion about challenges facing humanity to take place in Riyadh between 24-26 October during the FII7 conference.
  • The line up of FII Institute partners for 2023 is stronger than ever before.
  • Richard Attias, CEO of the Future Investment Initiative Institute said:
    "Our partners are what make the FII Institute community so impactful.

FUTURE INVESTMENT INITIATIVE INSTITUTE ANNOUNCES ITS LIST OF GLOBAL PARTNERS AHEAD OF THE FII7 CONFERENCE

Retrieved on: 
Tuesday, October 24, 2023

RIYADH, Saudi Arabia, Oct. 24, 2023 /PRNewswire/ -- Leading global organisations from business, academia and public policy are supporting an ongoing programme of research, investment and platforms to address global challenges including economic stability and growth, equitable development, climate change investment, the environment, and the acceleration of technologies including AI, and their impact on education and health. 

Key Points: 
  • FII Institute announces its list of partners, representing leading global organizations from business, academia, and public policy sectors.
  • This year's activities will culminate in three days of focused discussion about challenges facing humanity to take place in Riyadh between 24-26 October during the FII7 conference.
  • The line up of FII Institute partners for 2023 is stronger than ever before.
  • Richard Attias, CEO of the Future Investment Initiative Institute said:
    "Our partners are what make the FII Institute community so impactful.

Swiss Privacy Comes to Debit Card Payments with the AnonyCard ICO

Retrieved on: 
Monday, September 18, 2023

The ICO will fund the development of its 100% crypto bank card in collaboration with major Swiss financial service providers.

Key Points: 
  • The ICO will fund the development of its 100% crypto bank card in collaboration with major Swiss financial service providers.
  • AnonyCard will be the first crypto debit card that is:
    Additionally, AnonyCard presents extraordinarily low transaction fees, at a level of 0.1% and a maximum of 100USDT, which is more akin to trading fees on exchanges, than typical credit/debit card fees which can be as high as 5%.
  • Finally, AnonyCard will distribute 20% of the profits generated via transaction fees to ANCA token holders.
  • To support the ecosystem, AnonyCard has just launched its ICO for the ANCA token, based on the Ethereum blockchain.

Standard Bank and HUAWEI Mobile Services Collaborate to Empower Digital Banking Solutions for Clients in South Africa

Retrieved on: 
Tuesday, July 18, 2023

DUBAI, UAE, July 18, 2023 /PRNewswire/ -- Standard Bank, a leading financial institution in South Africa, has embarked on a strategic collaboration with HUAWEI Mobile Services (HMS) to provide cutting-edge digital banking solutions to its clients in South Africa.

Key Points: 
  • DUBAI, UAE, July 18, 2023 /PRNewswire/ -- Standard Bank, a leading financial institution in South Africa, has embarked on a strategic collaboration with HUAWEI Mobile Services (HMS) to provide cutting-edge digital banking solutions to its clients in South Africa.
  • Belinda Rathogwa, Executive Head: Digital and eCommerce for Personal and Private Banking at Standard Bank South Africa, shared valuable insights on the collaborative efforts during a recent interview.
  • According to Rathogwa, the collaboration between Standard Bank and HUAWEI Mobile Services South Africa is aimed at offering seamless digital banking experiences to clients who access the Standard Bank banking app through Huawei devices.
  • With many of our clients accessing the Standard Bank banking app through Huawei devices, we identified the importance of partnering with Huawei to provide clients with digital banking solutions for their needs.

Standard Bank and HUAWEI Mobile Services Collaborate to Empower Digital Banking Solutions for Clients in South Africa

Retrieved on: 
Tuesday, July 18, 2023

DUBAI, UAE, July 18, 2023 /PRNewswire/ -- Standard Bank, a leading financial institution in South Africa, has embarked on a strategic collaboration with HUAWEI Mobile Services (HMS) to provide cutting-edge digital banking solutions to its clients in South Africa.

Key Points: 
  • DUBAI, UAE, July 18, 2023 /PRNewswire/ -- Standard Bank, a leading financial institution in South Africa, has embarked on a strategic collaboration with HUAWEI Mobile Services (HMS) to provide cutting-edge digital banking solutions to its clients in South Africa.
  • Belinda Rathogwa, Executive Head: Digital and eCommerce for Personal and Private Banking at Standard Bank South Africa, shared valuable insights on the collaborative efforts during a recent interview.
  • According to Rathogwa, the collaboration between Standard Bank and HUAWEI Mobile Services South Africa is aimed at offering seamless digital banking experiences to clients who access the Standard Bank banking app through Huawei devices.
  • With many of our clients accessing the Standard Bank banking app through Huawei devices, we identified the importance of partnering with Huawei to provide clients with digital banking solutions for their needs.

Techstars, Saudi National Bank and MCIT Announce Two Founder Catalyst Programs in Saudi Arabia

Retrieved on: 
Monday, June 26, 2023

Techstars, the world’s most active pre-seed investor, the Saudi National Bank (SNB) and the Saudi Ministry of Communication and Information Technology (MCIT), announced today the launch of two Techstars Founder Catalyst programs in Jeddah and Al Ahsa.

Key Points: 
  • Techstars, the world’s most active pre-seed investor, the Saudi National Bank (SNB) and the Saudi Ministry of Communication and Information Technology (MCIT), announced today the launch of two Techstars Founder Catalyst programs in Jeddah and Al Ahsa.
  • The Techstars Founder Catalyst Jeddah / Al Ahsa is a 10-week hybrid program with two distinct cohorts based out of Jeddah and Al Ahsa in Saudi Arabia.
  • “Saudi Arabia has an emerging and dynamic startup community,” said Techstars CEO Maëlle Gavet.
  • Past Techstars Founder Catalyst programs have resulted in hundreds of business and investor connections and seeded countless relationships between participants and mentors.

JCB and The Saudi National Bank Sign an Agreement to Allow the Acceptance of JCB Cards Through its Points of Sale and ATMs in The Kingdom of Saudi Arabia

Retrieved on: 
Thursday, April 13, 2023

This came as a result of a partnership agreement signed between the Saudi National Bank (SNB) and JCB International Co. Ltd., the international operations subsidiary of JCB Co. Ltd., Japan's only international payment brand.

Key Points: 
  • This came as a result of a partnership agreement signed between the Saudi National Bank (SNB) and JCB International Co. Ltd., the international operations subsidiary of JCB Co. Ltd., Japan's only international payment brand.
  • The partnership will provide greater convenience for JCB's growing cardholders in the middle east markets to benefit from the usage of their JCB Cards throughout the Saudi National Bank POS and ATM network across the Kingdom.
  • This step will allow JCB cardholders visiting the Kingdom, whose numbers are increasing in the global markets, to carry out financial operations with greater ease, safety, and comfort.
  • The Saudi National Bank is a primary banking service provider and such partnership will help JCB penetrate the Saudi market."