Germany

Commerzbank and Global Payments Team to Help German Small Businesses
Commerzbank and Global Payments Team to Help German Small Businesses
January 11, 2024  |  Partnerships

Commerzbank and Global Payments teamed to offer digital payment solutions to German small- to medium-sized businesses (SMBs). The companies have joined to form Commerz Globalpay...

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Wirecard’s Insolvency Manager Files Lawsuit Against EY in Germany
Wirecard’s Insolvency Manager Files Lawsuit Against EY in Germany
December 29, 2023  |  Legal

Wirecard’s insolvency manager, Michael Jaffé, filed a lawsuit in a court in Stuttgart against accountancy firm EY. The lawsuit claims 1.5 billion euros (about $1.66...

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Ex-Wirecard Finance Chief Charged With Fraud
Ex-Wirecard Finance Chief Charged With Fraud
December 14, 2023  |  Legal

More than three years after its collapse, Wirecard’s former finance chief has been accused of fraud. Burkhard Ley, who spent 11 years as the chief...

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EC Investigates ‘No-Poach’ Agreements at Food Delivery Companies
EC Investigates ‘No-Poach’ Agreements at Food Delivery Companies
November 21, 2023  |  Delivery

The European Commission said Tuesday (Nov. 21) that it has carried out unannounced inspections at the premises of companies involved in the online ordering and...

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France, Italy and Germany Reach Accord on AI Regulations
France, Italy and Germany Reach Accord on AI Regulations
November 19, 2023  |  artificial intelligence

Three European countries have reportedly agreed on how artificial intelligence (AI) should be regulated. Germany, France and Italy have come to an accord on the regulations, Reuters...

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Aleph Alpha Secures $500 Million in Funding to Challenge OpenAI
Aleph Alpha Secures $500 Million in Funding to Challenge OpenAI
November 06, 2023  |  artificial intelligence

German startup Aleph Alpha has raised $500 million in a series B funding round, with support from major companies such as Bosch, SAP, and Hewlett...

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Device-as-a-Service Startup Fleet Expands into Germany
Device-as-a-Service Startup Fleet Expands into Germany
September 14, 2023  |  emea

French Device-as-a-Service startup Fleet has expanded into Germany, aiming to optimize the lifecycle of workplace equipment for companies and startups there. Already operating in France and...

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Basware CEO: 90% of Companies Can’t Pay a Supplier on Time
Basware CEO: 90% of Companies Can’t Pay a Supplier on Time
September 06, 2023  |  Commercial Payments

Nine months into his tenure at the helm of Basware as CEO, Jason Kurtz told Karen Webster the dynamics between buyers and suppliers are ripe...

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Germany’s Banking Regulator BaFin Hit by Cyberattack
Germany’s Banking Regulator BaFin Hit by Cyberattack
September 04, 2023  |  Security & Fraud

Germany’s banking regulator has reportedly closed off parts of its website following a cyberattack. BaFin took defensive measures following the attack Sept. 1, which restricted access to the...

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