Germany

Germany’s Central Bank Says Tech Presents Hurdles, Opportunities
Germany’s Central Bank Says Tech Presents Hurdles, Opportunities
May 21, 2019  |  Innovation

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according...

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German FinTech Raisin Eyes US Expansion
German FinTech Raisin Eyes US Expansion
May 21, 2019  |  Digital Banking

German FinTech company Raisin, an investment and savings marketplace, is looking to expand its business into the U.S., according to a report by Reuters. The...

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European Central Bank Says EU Banks Shun Cross-Border Activity
European Central Bank Says EU Banks Shun Cross-Border Activity
May 16, 2019  |  Regulation

Eurozone banks are at risk of fragmentation and are turning away from cross-border activity, Reuters reported. European Central Bank Vice President Luis de Guindos shared...

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Google To Open Safety Engineering Center In Munich
Google To Open Safety Engineering Center In Munich
May 15, 2019  |  Google

Google has announced that it is opening the Google Safety Engineering Center (GSEC) in Munich, Germany, which will be a global hub for the company’s...

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Card Payments In Germany Surpass Cash For The First Time
Card Payments In Germany Surpass Cash For The First Time
May 10, 2019  |  Payment Methods

Card payments in Germany, a traditionally cash-forward country, have surpassed cash payments for the first time in history, according to reports. A survey by EHI...

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Goldman Delays Marcus’ Germany Launch
Goldman Delays Marcus’ Germany Launch
May 06, 2019  |  Brexit

Goldman Sachs has decided to delay the German launch of its consumer bank Marcus until 2020. Richard Gnodde, who heads Goldman Sachs International, announced plans to...

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Three Detained After German Illegal Online Marketplace Is Shut Down
Three Detained After German Illegal Online Marketplace Is Shut Down
May 03, 2019  |  Security & Fraud

Officials in Germany have shut down a covert illegal online marketplace and detained three men they say are responsible for leading the online trading platform,...

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SoftBank To Take Part In Investment Round For GetYourGuide
SoftBank To Take Part In Investment Round For GetYourGuide
April 29, 2019  |  Investments

GetYourGuide, the German startup that lets people find and book travel tours based on a catalog of more than 35,000 activities, may have raised €500 million...

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Deutsche Bank And Commerzbank Call Off Deal Talks
Deutsche Bank And Commerzbank Call Off Deal Talks
April 25, 2019  |  Partnerships / Acquisitions

Commerzbank and Deutsche Bank announced Thursday (April 25) that they have ended talks about a combination. In a statement on its Website, Commerzbank said the...

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