Deutsche Bank and cryptocurrency broker Bitpanda have formed an expanded partnership in which the bank will provide real-time payment solutions for the incoming and outgoing transactions of Bitpanda customers in Germany. With this partnership, Bitpanda will have access to German International Bank Account Numbers (IBANs),...
Brite Payments now enables instant account-to-account (A2A) payments and payouts in Germany. The Swedish FinTech already offers these Brite Instant Payments in the Nordics, Baltics and Benelux and plans to continue expanding their availability across Europe, Brite Payments said in a Wednesday (April 24) press...
A German financial regulator has reportedly fined Commerzbank $1.5 million for anti-money laundering violations. BaFin said Monday (April 11) that the bank failed to update customer data on time and did not provide sufficient security measures, Reuters reported. This, the report added, led to inadequate due diligence in three cases,...
A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations of professional duties. The regulator, Apas, said this in a review that was published Friday (April 19) and ended a multiyear...
May 08, 2023
As regulators push for the development of instant payments, European Union countries continue to leverage preexisting economic relationships to advance faster payments across the region. It’s a trend that has led to historic real-time payment growth and adoption in recent years, PYMNTS has reported, with successful national payment schemes like iDEAL in the Netherlands, Sweden’s Swish or BLIK in Poland driving online […]
March 23, 2023
Competition in the eCommerce space is increasing as customer acquisition costs continue to rise. Thomas Marks, head of growth at sticky.io, attributes the growing competition to new eCommerce businesses bursting onto...
March 01, 2023
Real-time payments are quickly becoming ubiquitous in developed nations worldwide, with businesses and consumers relying on this payment method in ever-growing numbers. A PYMNTS study found that 86% of businesses...
December 06, 2022
Thursday marks a red letter day in annals of fraud — the type that destroys companies and careers. No, not that crypto exchange. You might be forgiven for automatically defaulting...
June 21, 2024
Commerzbank plans to expand its credit card offering for business customers in Germany, adding a fully digital card with card management and usage features. The bank expects to launch this new offering in the third quarter, Commerzbank said in a Tuesday (June 18) press release. “With our new digital credit card solution, we enable our […]
June 04, 2024
Deutsche Bank and cryptocurrency broker Bitpanda have formed an expanded partnership in which the bank will provide real-time payment solutions for the incoming and outgoing transactions of Bitpanda customers in...
April 24, 2024
Brite Payments now enables instant account-to-account (A2A) payments and payouts in Germany. The Swedish FinTech already offers these Brite Instant Payments in the Nordics, Baltics and Benelux and plans to...
April 22, 2024
A German financial regulator has reportedly fined Commerzbank $1.5 million for anti-money laundering violations. BaFin said Monday (April 11) that the bank failed to update customer data on time and did not provide sufficient security...
