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Spending cryptocurrencies with a card is the simple solution that could get people to leave banks

As the trend for cryptocurrencies like Bitcoin and Ethereum has gathered momentum in the last months, token owners don’t always know how to spend them in everyday situations. Kris Marszalek, CEO and co-founder of blockchain-based startup Crypto.com, thinks he has the solution: a Visa card linked to a cryptocurrency account, which allows users to spend their digital money for goods and services everywhere the card is accepted. According to Marszalek, this innovation could even mark the end of traditional banking, as he told CNNMoney Switzerland at the TechCrunch conference in Zug.
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AccorHotels CEO: Partnering with the Montreux Jazz Festival was an „easy decision“
In CNNMoney Switzerland’s special coverage of the Montreux Jazz Festival, we sat down with Mathieu Jaton, CEO of the festival, and Sébastien Bazin, CEO of French hotel giant AccorHotels. Both explained how they entered into a sponsoring agreement just before the kickoff of the event. At that time, Bazin said he knew „nothing about jazz“ but was confident the music festival would help him shift the hotel business from a product to a client focus. The hospitality CEO also touches on his ambitions about Air France.

Artists to receive increasing share of music revenues, says Reed MIDEM CEO
Streaming has given audiences access to more artists globally, a development that music business expert Paul Zilk applauds. Zilk is the CEO of Reed MIDEM, which organizes an annual gathering of the global music industry in Cannes. In a discussion with CNNMoney Switzerland at the Montreux Jazz Festival, he explained that the consumption of live music is at a record high, and what it takes for music festivals to make the most of it.

Bancor co-founder: Cryptocurrencies can help local communities join the global economy
Galia Benartzi is the co-founder of Bancor Protocol, which raised more than USD 150 million last year, making it one of the largest ICOs of 2017. With its foundation based in Zug and its research center in Tel-Aviv, Bancor proposes to create cryptocurrencies for any community in the world. Benartzi was at the TechCrunch conference in Zug, where she talked to CNNMoney Switzerland. She started by explaining what Bancor is about.

Spending cryptocurrencies with a card is the simple solution that could get people to leave banks
As the trend for cryptocurrencies like Bitcoin and Ethereum has gathered momentum in the last months, token owners don’t always know how to spend them in everyday situations. Kris Marszalek, CEO and co-founder of blockchain-based startup Crypto.com, thinks he has the solution: a Visa card linked to a cryptocurrency account, which allows users to spend their digital money for goods and services everywhere the card is accepted. According to Marszalek, this innovation could even mark the end of traditional banking, as he told CNNMoney Switzerland at the TechCrunch conference in Zug.

Online alternative finance shaking up the industry
Online alternative finance is reaching new heights as more and more peer-to-peer lenders take on some of the world’s most conservative banks to perform the role of money machine. CNNMoney Switzerland discusses this growing trend with Daniel Sandmeier, CEO of Instimatch Global, and Alwin Meyer, CEO of Swisspeers.

Pooling funds for returns
Online alternative finance is a broad term that has allowed trading to occur outside the traditional realms of banking. Crowdfunding is one such example, occupying a large piece of the alternative finance pie. It gathers money from multiple sources to fund a venture or a project. Ardian Gjeloshi, co-founder of Crowdhouse, tells CNNMoney Switzerland’s Amanda Kayn, why crowdfunding is particularly useful in the buy-to-let property market.

How artificial intelligence can help find the right talent
Finding top talent is often like searching for a needle in a haystack. According to Claudia Winkler, co-founder and CEO of Lionstep, artificial intelligence can help companies in their search.

„There is a feeling of confidence,“ says Nick Dunnett of Robert Walters
As Switzerland moves toward full employment, it would appear like a good time for job seekers. But according to Nick Dunnett, managing director of Germany and Switzerland at Robert Walters, having the right technical skills is essential to getting the right job.

Switzerland gears up for „Incredibles 2“!
The movie is already breaking box office records in the United States, but how will „Incredibles 2“ fair in Switzerland? We gear up for its release.

Trade tensions have put pressure on stock prices, but not yet on Swiss companies, says Mirabaud analyst
The trade war is looming, but thus far it hasn’t impacted Swiss businesses, says Nicolas Bürki, portfolio manager at Mirabaud Asset Management. However, Bürki adds, companies need to know if the tariffs will be here to stay before they can adapt.

Trade war: „Something really bad is coming so people should be more responsible,“ warns Graduate Institute professor
As a trade war is looming between the U.S. on one side and China and the E.U. on the other, Cédric Dupont, professor of political science at the Graduate Institute in Geneva explains what’s at stake for Switzerland.

Conquering the growing coffee market in China
„The Chinese coffee market is huge,“ says Chahan Yeretzian, head of the Coffee Excellence Center in Zurich. Since coffee consumption is still relatively low compared to other countries in Europe and the Americas companies like Nestlé have not reached their full potential.

„Switzerland will have a great future in private equity,“ says Michael Petersen, of Cross Equity Partners
How do private equity firms pick and choose companies? For Michael Petersen, managing partner at Cross Equity Partners, the checklist includes SMEs, family businesses, and firms with an engineering focus. But, as Petersen tells reporter Olivia Chang, things don’t always go according to plan.

Breaking down the Nestlé-Starbucks deal, what it means for the Swiss food giant, and what it means for you
Nestle has massive distribution power, Starbucks is desperate for European access. But will the deal between the two be a match made in coffee heaven? We discuss what it means for the Swiss food giant and what it means for you.

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