Tag "Commerzbank"
Commerzbank Forms New Digital Payment Venture Globalpay
Commerzbank and Global Payments, a leading worldwide provider of payment technology and software solutions, announced a joint venture to offer digital payment solutions to small and medium size business customers across Germany. The new entity, Commerz Globalpay GmbH, is expected
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Swiss National Bank Launches Wholesale Central Bank Digital Currency Project
On 1 December 2023, the Swiss National Bank – together with five Swiss and one German commercial bank – started a pilot project with central bank digital currency for financial institutions (wholesale central bank digital currency) on the regulated platform
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Commerzbank Goes AI Banking via Avatars Powered by Microsoft Azure
Commerzbank launched a project to realize a new customer experience with an AI Banking Avatar as mobile first approach. The banking avatar is a virtual assistant in form of a digitalized person that interacts with customers in natural language. Customers
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Commerzbank Granted Crypto Custody Licence
Commerzbank is the first German full-service bank to be granted the Crypto Custody Licence pursuant to Article 1 Section 1a Sentence 1 No 6 German Banking Act (KWG). The licence will enable the Bank to build up a broad range
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Swiss National Bank Launches Pilot Project With CBDC for Financial Institutions
On 1 December 2023, the Swiss National Bank – together with six commercial banks – will start a pilot project with central bank digital currency for financial institutions (wholesale CBDC) on the regulated platform of SIX Digital Exchange (SDX). With
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Deutsche Börse and Commerzbank Join Forces to Build Digital Asset Marketplaces
German stock exchange operator Deutsche Börse and Commerzbank have partnered to invest into Fintech 360X to create digital asset marketplaces. The entities made the move to develop new digital marketplaces and ecosystems for existing real assets such as art and
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Commerzbank Signs on Google Cloud for Its Cloud Transformation Plans
Google Cloud and Commerzbank announced last week that they are expanding their collaboration by entering into a five-year, strategic partnership. With the help of Google Cloud, Commerzbank will move a significant number of its banking applications to the cloud, a
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Credit Suisse and UBS Execute First Collateral Swap on the Blockchain
Deutsche Börse and HQLAX successfully launched their jointly developed Distributed Ledger Technology (DLT) solution for frictionless collateral swaps in the securities lending market. The live transactions were executed by Commerzbank, Credit Suisse and UBS on the Eurex Repo F7-trading system.
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Deutsche Boerse: Milestone in Settlement via Blockchain
Settlement via securities and cash tokens and further use as collateral at Eurex Clearing as Central Counterparty – within a binding legal framework / Joint use cases confirm a potential founding stone for multiple comprehensive distributed ledger services Commerzbank, Deutsche
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Commerzbank und Daimler Testen Maschinen Blockchain Zahlungslösung
Gemeinsam mit ihrer Forschungs- und Entwicklungseinheit main incubator hat die Commerzbank als erste deutsche Bank eine auf Blockchain basierende Zahlungslösung für Machine-zu-Machine-Zahlungen (M2M) entwickelt. Im konkreten Pilotprojekt gemeinsam mit Daimler Trucks geht es um eine voll automatisierte Zahlungsabwicklung von Ladevorgängen
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