Germany

IDnow Raises $40 Million in Growth Funding

IDnow, a Munich based provider of Identity Verification-as-a-Service solutions, announced a $40 million growth equity investment from Corsair Capital LLC , one of the longest-standing private equity firms focused on the financial and business services industries. The announcement comes just

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New EU PSD2 Deadline For e-Commerce Card-Based Payment Transactions

The European Banking Authority (EBA) published today an opinion on the deadline for the migration to SCA under the revised Payment Services Directive (PSD2) for e-commerce card-based payment transactions. The Opinion sets the deadline to 31 December 2020 and prescribes

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SBB Fintech Kooperations-Partner neu mit Japanischem Mehrheitseigentümer

Die auch in der Schweiz tätige Cash Payment Solutions GmbH, Berlin, hat einen neuen Mehrheitseigentümer: Glory Ltd., ein führende rAnbieter von Bargeldmanagementlösungen mit Hauptquartier im japanischen Himeji, hat 53 Prozent des Kapitals des 2011 gegründeten Fintechunternehmens erworben. Dieses ist in

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Opinion: Deutsche Banken und Sparkassen befinden sich mental noch im vorindustriellen Zeitalter

Anders als die Banken in unseren Nachbarländern, wie den Niederlanden, Frankreich, Belgien und Skandinavien, verharren die deutschen Banken und Sparkassen einer mentalen Blockade, die an die Zeit vor der Einführung des Deutschen Zollvereins erinnert. Genannt seien paydirekt, X-Pay oder die

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Boerse Stuttgart Launches Germany’s First Regulated Trading Venue for Digital Assets

Trading has started on Boerse Stuttgart Digital Exchange (BSDEX). It is Germany’s first regulated trading venue for digital assets where investors’ orders are executed directly against each other according to fixed rules. BSDEX combines all the potential of blockchain technology

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Kölner Fintech entwickelt manipulationssichere Blockchain-Lösung für BVDW-Zertifikate

Das Kölner Blockchain-Unternehmen Ubirch hat auf Anfrage des Bundesverbands Digitale Wirtschaft (BVDW) e.V. eine Lösung für fälschungssichere Zertifikate entwickelt. BVDW-Qualitätszertifikate gelten als neutrale und objektive Gütesiegel der Digitalwirtschaft in Deutschland. Um Betrug und Manipulation vorzubeugen und um die Wertigkeit der

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Deutsche Bank Acquires 5% in Fintech Deposit Solutions

Deutsche Bank is a new shareholder of Deposit Solutions GmbH, as announced by the two companies today. Deutsche Bank has acquired a 4.9 percent stake in the Hamburg-based company. Both parties agreed not to disclose details about the volume of

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Weltsparen Acquires Pension Fintech Startup fairr

Two German fintechs are merging. The pan-European savings marketplace Raisin (Weltsparen) is acquiring fairr, Germany’s fintech for retirement savings. Through this strategic acquisition Raisin will get access to the German pension and retirement savings market and become the only platform worldwide

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Can Germany Overtake The UK As The No 1 Fintech Location In Europe?

The UK has long been a world leader when it comes to fintech, but uncertainties surrounding Brexit, and the rapid rise of fintech hubs across continental Europe, have pushed the financial services industry to consider alternatives and prepare for the

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Top 30 Upcoming Fintech Events in DACH (Germany, Austria and Switzerland)

Looking to keeping up with the burgeoning fintech ecosystem of Germany, Austria and Switzerland (DACH)? The following 30 events will give you plenty of opportunities to catch up with some of the industry’s hottest startups and brightest minds.   Blockchain

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