Swiss watchdog investigates boycott by big banks of Apple Pay, Samsung Pay
November 16, 2018Swiss competition authority launched an investigation into some of huge banks’ actions that were supposedly aimed at boycotting mobile payment solutions, like Samsung Pay or Apple Pay. Investigation covers Swiss units of UBS, Credit Suisse and local entities: Aduno Holding, Swisscard AECS GmbH, PostFinance.
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Bond representing CHF on blockchain was issued
November 06, 2018New bond that will be pegged to Swiss Franc and represent the currency on blockchain was issued on Thursday, Nov. 1st. The instrument crated by Swiss Crypto Tokens aims to attract mass investors to cryptocurrencies.
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New data on migration in Switzerland
October 26, 2018New data on immigrants in Switzerland shows that the immigration of European citizens has fallen down so far this year by 3 percent comparing to 2017. This is in line with a trend that has been noted since 2008, the peak year of migration to Switzerland.
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One quarter of Swiss population is foreign
September 12, 2018New data shows that more than 25 percent of the Swiss population are international residents. Federal Statistical Office published newest data on immigration. However, number of newcomers from abroad is declining.
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Swiss economy to expand by 2 percent in 2018
August 22, 2018Swiss economy is predicted to expand by 2 percent this year by cautions calculations made by the Swiss National Bank. This will mean its fastest progress in 4 years. Additionally, the surplus forecast for financial year 2018 is now projected at CHF 2 billion, better than previously estimated data.
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