Swiss NPB Private Bank and InCore Bank launch digital asset banking

NPB, a Zurich-based boutique private bank, has been a partner of InCore Bank, a leading Swiss business process outsourcing and transaction bank, since 2013. The launch of Digital Asset Banking Services is a testament to the success of the partnership, which again enables NPB and its clients to benefit from InCore Bank's highly innovative technological developments. The services are fully integrated into InCore Bank's Digital Asset Layer platform and provide a seamless interface between Finnova's core banking system and the world of digital assets.

With full automation, customers of NPB benefit from a highly efficient process, from e-banking to asset statements, backed by a traditional Swiss private banking service model. Prof. Dr. Dr. Markus Ruffner, co-founder and CEO of NPB, stated: "Digital assets increasingly represent a supplement to traditional asset classes and we are seeing strong demand from both private and institutional clients. With the launch of Digital Asset Banking Services, we are offering our clients an additional option for diversification and reaffirm our tradition as an innovative Swiss boutique private bank. Taking this step together with our partner InCore Bank is a natural continuation of our long-standing and successful collaboration in bringing the benefits of technological innovation to our clients."

For Mark Dambacher, CEO of InCore Bank, the expansion of traditional services to digital assets is a confirmation of its technology strategy. "The focus on digital assets is a pillar of our strategy. Our aim is to be at the forefront of developing digital ledger technologies and dealing with crypto currencies and digital tokens. One example of this is the launch of our digital wallet, which we are using to promote the security and acceptance of the new asset classes".