The holders of MasterCard, Visa and American Express issued by Swisscard will make payments via Apple Pay by the end of autumn,. The provider of credit cards, leader of the sector, manages in Switzerland over one million cards.
Using their own credit card with Apple Pay, the card number is not stored on your phone and even on Apple’s servers, the company states in today’s note. Each transaction is authorized by a specific dynamic code.
The Swiss have less and less confidence in the banking sector, although they are satisfied with the individual institution with which they are dealing, according to a study released today by consulting firm EY. In fact, 30% of 1,533 surveyed customers in Switzerland between January and April claims to have less confidence in the banking sector compared to twelve months earlier. The 11% has by contrast greater esteem, while 59% did not detect changes.
The Nobel prize for economics in 2016 was awarded to Oliver Hart and Bengt Holmström, for the "contract theory" developed by the two U.S.-based economists.Their studies have mapped out an overall framework to understand agreements like insurance contracts, employer-employee relationships and property rights.
Health insurance premiums will rise, on average, by 4.5% next year in Switzerland. In Ticino, however, the increase will be 5.7%, while in the Grisons 5.4%, as announced by the Swiss Federal Office of Public Health (FOPH) in recent days.
The average increase expected for 2017 concerns the so-called standard premium, ie the one for the basic insurance of an adult person with a deductible of CHF 300 and accident cover.
The top managers of Swiss companies are the best paid in Europe. The average value of wages received last year by the leaders of the seven Swiss companies included among the 100 largest European amounted to 8.77 million euro.
Compared to 2014 there has been an increase of almost 15%, according to research published today by the Willis Towers Watson consulting. Behind the Swiss, Spaniards rank with 7.18 million euro, then the British (6.78) and the Germans (5).
Banca Monte dei Paschi di Siena said Chief Executive Fabrizio Viola has agreed with the bank’s board to resign; the summit was dedicated to updates on the business plan and the rescue maxi-operation institution with a recapitalization of up to 5 billion euro.
Just the difficulties of placing an increase of that magnitude, as evidenced by the banks business operation to work on the market, would have led to the choice to present the third increase in three years with a different banker.
US media company Liberty Media acquires Formula 1: the deal, which evaluates the sport $ 8 billion, starting with the acquisition of a 18.7% stake for $ 4.4 billion. Bernie Ecclestone remains CEO, while Chase Carey was named president. The full acquisition will take place when the agreement will be permanently closed, expected in the first quarter of 2017. In detail, Liberty Media – reports the CNBC – would pay $ 1.1 billion in cash, $ 131 million in the communication group actions and 351 million in the form of debt issued by the same Formula One.
PayPal continues to consolidate its presence in stores and in the business of "traditional" type, through a new agreement with Mastercard, taking a little distance from the web, where it was born as a complementary service to eBay, which was spun off in 2015.
After the agreement with Visa,announced in July, the company struck the deal with Mastercard to strengthen its presence directly at the stores and become a universally accepted method of payment.
