Ethereum is changing its consensus mechanism from Proof-of-Work (PoW) to Proof-of-Stake (PoS): Clients do not have to take action
In mid-September, Ethereum Mainnet will be merged with Beacon Chain. “The merge” marks Ethereum’s final transition from a Proof-of-Work (PoW) system to a Proof-of-Stake (PoS) system.
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Cardano Vasil hard fork – customers do not have to take action
A hard fork will be performed on Cardano’s blockchain on 22 September 2022. Bank Frick clients do not need to take any action – their assets are safe at all times. Trading Cardano via Bank Frick will be possible without restrictions.
Digital payment processing – old payment slips invalid from 30. September 2022
In Switzerland and Liechtenstein, payments using the red (ES) and orange (ESR) payment slips will no longer be possible from 30 September 2022.
Bank Frick pushTAN app with a new look – clients do not have to take action
As of Monday, 30 May 2022, an update for the Bank Frick pushTAN app will be available on all iOS and Android devices. Clients do not have to take action. Login data will not change.
Revision of the General Terms and Conditions and the standard fee schedule
The General Terms and Conditions have been completely revised and amended. The most obvi-ous amendment is that any separate safe custody regulations for crypto assets are repealed and are now included in the General Terms and Conditions, together with the Safe Custody Regulations.
Bank Frick again awards scholarship for Blockchain and FinTech certificate programme
As part of its cooperation with the University of Liechtenstein, Bank Frick is awarding a scholarship of CHF 9,800 to attend the Blockchain and FinTech certificate programme free of charge. The application deadline is 14 November 2021, with the course starting in January 2022.
“Through this reorganisation initiative, we are improving our service to our clients.”
Bank Frick is reorganising its client-facing departments, putting even more focus on the client experience and further improving the service provided to the client. In addition to the new Client Services department, which concerns itself with professional support of existing clients, the Bank will now have four departments focused on sales.
Statement to savedroid
All assets from the savedroid AG ICO are safe and under no circumstances could have been withdrawn due to escrow. Bank Frick fails completely to understand the PR stunt of savedroid’s CEO Yassin Hankir as we prefer working with professionals.
Bank founder Kuno Frick Sr passes away aged 78
Kuno Frick Sr, the Bank’s founder, Honorary President and member of the Board of Directors passed away last night at the age of 78. He had to undergo major surgery a few weeks ago. Weakened by the surgery, he suffered complications from which he was unable to recover.