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Germany-based financial institution Deutsche Bank has announced the closing of multiple Postbank branches, in order to improve digital services after its mismanaged IT migration.
mobile banking, online banking, digital banking, financial services, financial institutions
Germany’s regulator BaFin has appointed a special monitor at Deutsche Bank to oversee its strategy for handling customer service problems at its Postbank unit.
compliance, mobile banking, AML, regulation, financial services, financial institutions, customer experience
Deutsche Bank has reportedly faced customer issues at a Postbank unit, prompting the German watchdog BaFin to consider investigating the problem further.
compliance, regulation, BaFin, online banking, mobile banking
Cambodia-based CPBank has announced its partnership with Inpay’s Eurogiro in order to provide international money transfer services to worldwide Cambodian clients.
partnership, mobile banking, online banking, digital banking, cross-border payments, mobile payments, online payments, digital payments
International payments firm Inpay has obtained an Electronic Money Institution license from the Danish Financial Supervisory Authority (FSA).
banking license, EMI licence, PSP, TPP, mobile banking, online banking, digital banking
Deutsche Bank and Fiserv have launched Vert, a payment acceptance and banking services provider to small and medium-sized enterprises (SMEs).
banks, partnership, product launch, payments , SMEs
A Postbank digital study has shown that 6 out of 10 Germans are already making contactless payments with their smartphone or card.
study, report, payment processing, contactless payments, mobile payments, credit card
Software fintech Monite has received USD 5 million in a round led by Point72 Ventures, and a number of well-known angels.
embedded finance, startup, fintech, e-invoicing, accounts payable
Germany-based bank Postbank has announced plans to discontinue its chipTAN process for online transfers in May 2022.
mobile banking, payment processing, banks, financial services
Bulgaria-based fintech Phos has teamed up with payment service provider BORICA to introduce its SoftPos solution to Bulgarian banks.
partnership, product launch, POS, mobile payments, merchant, NFC
Germany-based Norddeutsche Landesbank (Nord/LB) has signed a five-year contract with IT service provider Tata Consultancy Services (TCS) to transform the application environment of the financial institution.
partnership, banks, financial services, financial institutions
The Paypers interviewed Georgi Penev, Director at The Bulgarian Fintech Association, to learn more about the trends that are shaping up the Bulgarian fintech ecosystem
fintech, Open Banking, banks, PSD2, blockchain, digital banking, financial services
e-wallet, mobile payments, POS, ATM
Fiserv, Deutsche Bank, SMEs, payment processing, fintech
Mastercard, partnership, unbanked, financial services, e-wallet, online payments
This article outlines the noteworthy mergers and acquisitions in the B2C payments industry, addressing two drivers: new strong links in the value chain and the accelerated digital transformation
mergers and acquisitions, online payments, contactless payments, analysis, fintech, PSPs, payment methods, ecommerce, omnichannel
Postbank, UnionPay International, product launch, Uganda, Africa, UnionPay PostCard, card payments, e-wallets, UnionPay QR code wallet, HCE wallet
South Africa, Postbank, banks, cards, security, data, fraud, Reserve Bank, transactions
The Postbank Digital Study has showed that 46% of Germany-based millenials are interested in investing in cryptocurrency.
Germany, cryptocurrencies, Postbank, report, survey
Giesecke+Devrient (G+D), a global provider of validation of payment transactions, identification, connectivity and data has become a new shareholder of Verimi.
Giesecke Devrient, Verimi, identification platform, customer access, identification, single sign on, GDPR