Germany

Deutsche Bank CEO: Germany Needs ‘Structural Reforms’ to Boost Economic Growth
Deutsche Bank CEO: Germany Needs ‘Structural Reforms’ to Boost Economic Growth
December 04, 2024  |  Banking

Deutsche Bank CEO Christian Sewing said Wednesday that German businesses need less regulation, a more competitive corporate tax structure and greater certainty on energy prices....

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71% of German Consumers Used a Digital Wallet in the Past Year
71% of German Consumers Used a Digital Wallet in the Past Year
December 02, 2024  |  Digital Payments

Digital wallets have become a key tool for German consumers, especially for online shopping and banking. Consider that 71% of consumers in Germany used a...

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Microsoft’s Omnipresence Catches Eye of German Antitrust Watchdog
Microsoft’s Omnipresence Catches Eye of German Antitrust Watchdog
September 30, 2024  |  ANTITRUST

Microsoft’s size and scope has gotten the attention of Germany’s antitrust regulator. The Federal Cartel Office announced Monday (Sept. 30) that it was placing the...

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Consumers and Smaller Businesses Form an Untapped Embedded Lending Market in Germany
Consumers and Smaller Businesses Form an Untapped Embedded Lending Market in Germany
September 26, 2024  |  SMBs

Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other...

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Ex-Wirecard CEO Ordered to Pay $155 Million Over Unpaid Loans
Ex-Wirecard CEO Ordered to Pay $155 Million Over Unpaid Loans
September 05, 2024  |  Legal

Former Wirecard CEO Markus Braun’s legal troubles are reportedly worsening. A judge ordered Braun and two other executives from the defunct German payments company to...

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Amazon and Santander Launch Visa Card in Germany
Amazon and Santander Launch Visa Card in Germany
August 12, 2024  |  Credit Cards

Amazon teamed with Santander to launch a new Amazon Visa card in Germany. The card lets users earn rewards while shopping on and off Amazon’s...

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German Prosecutors Charge 2 Former Wirecard Executives With Embezzlement
German Prosecutors Charge 2 Former Wirecard Executives With Embezzlement
August 06, 2024  |  Security & Fraud

Four years after the collapse of online payments company Wirecard, German prosecutors have reportedly charged two more of the firm’s former executives. Wirecard’s former finance...

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New Data: Germany’s Baby Boomers Flip the Script on Digital Wallet Usage
New Data: Germany’s Baby Boomers Flip the Script on Digital Wallet Usage
August 01, 2024  |  Digital Payments

Consumers in Germany are embracing their digital wallets for payments. Nearly half (47%) use them for online shopping for example. Surprisingly, baby boomers and seniors...

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Cash Rich, Digital Poor? The Paradox of German Economic Culture
Cash Rich, Digital Poor? The Paradox of German Economic Culture
July 18, 2024  |  Connected Economy

As the largest economy in the European Union, Germany surprisingly ranks near the bottom in digital engagement among the 11 countries studied in PYMNTS Intelligence’s...

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