Zurich (ots) - Cornèr Bank Ltd. and Viseca Payment Services SA want to make it easier for holders of Swiss payment cards to send money directly to other people. To this end, the two companies founded PayInit AG, aimed at establishing an ...
swissstaffing - Verband der Personaldienstleister der Schweiz
Lugano (ots) - Faced with an uncertain economic environment, driven by a restrictive monetary policy and declining interest rates, the Cornèr Group maintained a stable growth trajectory thanks to its prudent philosophy and solid equity position, with capital resources rising to CHF 1,223 million (+5.9 %). The 73rd financial year closed with a balance sheet ...
Milano (ots) - Compass has strengthened its franchise in Buy Now Pay Later (BNPL) operations by consolidating its partnership with HeidiPay AG, in which it has acquired a majority interest. The Mediobanca Group's consumer credit arm had already acquired a 19.5% stake in the holding company specialized in the development of digital platforms to support BNPL operations ...
Lugano/Zurich (ots) - Cornèr Group, Europe's first banking group, has launched Visa Commercial Pay (VCP) for mobile devices. This innovative solution allows companies to use virtual cards not only online, but also on smartphones and smartwatches. The ...
Zurich (ots) - After a breather, the Swiss franc has appreciated again sharply against the euro since mid-July. The temporary strength of the Swiss currency had already had a major impact on Switzerland's technology sector (mechanical and electrical engineering industries and related technology sectors) at the end of last year. This renewed exacerbation has come at a ...
Ganterschwil, SG / Beverly, MA, USA (ots) - +++ Cold chain monitoring systems business to be acquired by US-based Sensitech Inc. +++ Anti-doping product business to remain in family ownership +++ The Berlinger Group, which is internationally renowned for both its anti-doping products and its high-tech cold chain monitoring systems, is adopting a new strategic alignment. Berlinger & Co. AG, the group's cold chain ...
Bern (ots) - For the first time in its history, SIFEM's active investment commitments surpassed USD 1 billion at the end of 2023. In 2023, SIFEM added a total of USD 143.8 million to 10 new investments and closed the year with a positive operating result of CHF 13.1 million. Thanks to growing commitments, SIFEM is effectively pursuing the development goals set by the ...
Lugano (ots) - Faced with an uncertain geopolitical and economic situation, Cornèr Group's prudent policy and long-held pragmatic approach have once again proven to be winning qualities. Cornèr Group's 72nd financial year closed with revenues reaching CHF 506 million (+16 %) and a net profit of CHF 74.9 million (+41 %). This result allows the Group to further strengthen its capital solidity with its capital ...
Geneva (ots) - In 2022, the Swiss Investment Fund for Emerging Markets (SIFEM) created important economic, social, and environmental impacts in developing countries. Over 600 companies in SIFEM's investment portfolio supported more than 483,000 jobs, increased their financing for microentrepreneurs by 7% and for ...
Ballenberg - Freilichtmuseum der Schweiz
Bern (ots) - In 2022, the Swiss Investment Fund for Emerging Markets (SIFEM) committed a total of USD 95 million to seven new investments and concluded the year with a negative operating result of minus CHF 13.1 million. The seven new investments will contribute directly to the achievements of SIFEM's development goals, especially in terms of job creation, climate ...
SERV Schweizerische Exportrisikoversicherung
Zurich (ots) - Swiss Export Risk Insurance SERV conducted a study on the export and employment effects it generates with Offenburg University's Institute for Trade and Innovation (IfTI). The analysis shows that SERV compensates for exporting and financing risks on a large scale, thus creating and preserving up to 21,000 jobs in Switzerland. SERV also makes additional ...
Lugano (ots) - Following a highly turbulent year, which saw the outbreak of the war in Ukraine and abrupt interest rate rises by the main central banks around the world, the Cornèr Group has now posted good results in its 71st Annual Report. Revenues increased to CHF 436 million, whilst the net profit rose to CHF 53.2 million, representing a strong increase compared to the previous year (CHF 22.7 million). ...
Zurich (ots) - Following the successful completion of the political process, the Innovation Park Zurich is registering another import step in its development - the Angst+Pfister Group, which operates internationally, is coming on board as a major investor in the generation project. This process is now well under way ...
Lugano/Zurich (ots) - Starting from Switzerland, Cornèr Group introduces Visa Commercial Pay (VCP), supporting companies to quickly digitize B2B payments. The increasing pace of digitalisation in business processes creates new demands for payment capabilities of companies. A comprehensivesolution by ...
Zürich (ots) - The Swiss mechanical and electrical engineering industries (MEM industries) continued to grow in the first half of 2022. New orders rose by 10.1% year-on-year, sales by 12.1%, and exports by 9.0%. This is only part of the picture, though. Supply chain problems and soaring energy and commodity prices have pushed up production costs significantly in some ...
Berlin/Lausanne/Barcelona/Munich (ots) - New investors with a successful track record in digital oncology support German Digital Therapeutics (DTx) company Fosanis to broaden patient access of Mika - an app-based DTx platform empowering people affected by cancer. Berlin-based digital health company Fosanis, the ...