Switzerland grants fintech firms access to interbank payment system

switzerland-composite-web

Swiss authorities granted fintech firms access to an interbank payment system, modifying an ordinance on financial institutions on January 1, the Swiss National Bank said today (January 11).

The federal government added a new licensing category for fintech firms to its ordinance on banks and savings banks in the banking law, granting the Swiss financial market supervisory authority (Finma) the authority to licence fintech companies. The step allows these firms access to Switzerland’s interbank

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: