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 digital wallet in some way in the past year. A PYMNTS Intelligence report, “Digital Wallets Beyond Financial Transactions: Germany Edition,”...
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 tech giant under closer scrutiny in the form of a five-year “extended abuse control” measure. The effort comes as Microsoft’s...
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 platforms. This is true for individuals and microbusinesses and small businesses (MSBs) that want to align their cash flow and...
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 pay $155 million in damages related to loans to a company in Singapore that were never repaid, Reuters reported Thursday...
December 02, 2024
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 digital wallet in some way in the past year. A PYMNTS Intelligence report, “Digital Wallets Beyond Financial Transactions: Germany Edition,” in collaboration with Google Wallet, reveals insights into how Germans […]
September 26, 2024
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 platforms. This is true for...
August 01, 2024
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 in Germany are more likely...
July 18, 2024
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 “How the World Does Digital”...
December 04, 2024
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. Speaking at a Financial Times (FT) global banking summit in London, Sewing said: “We clearly need certain structural reforms,” the FT reported Wednesday. These moves would help Germany’s economy return […]
September 30, 2024
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 tech giant under closer scrutiny...
September 05, 2024
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 pay $155 million in damages...
August 12, 2024
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 Germany website, according to a...
