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New crypto-regulation: legal certainty for banks and cryptotechs – but no change in the status quo for banks
A guest contribution by Hartmut Giesen At the end of November, in the course of the implementation law of the 4th Money Laundering Directive, the amendments to the German Banking Act (KWG) on the regulation of crypto transactions, which had been the subject of much discussion in recent months, were adopted. The KWG now defines…
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Stranger things: A time travel into Payment & Banking of the 90s
Raider is now called Twix, otherwise nothing will change? Not at all! The 90s were not only the last decade of the 20th century, but also marked by historical events such as the end of the Cold War or the reunification. Socially there were a lot of technological advances, some of them strange and almost…
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Bye, bye debit or not?!
One of the most popular payment methods used by Germans seems to begin to totter. While many find this good, others shed tears. Here a short summary and the opinions from the team. The European Court of Justice has spoken and ruled and many fear the end of the decades-long popular debit, especially retailers see…
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Why innovations from Germany have such a hard time in the digital world
Somehow it annoys us doesn´t it, that almost all digital services we regularly use and enjoy do not originate or have originated in our neighborhood. In the real world it was different for a long time and it still is in many places. Cars from Germany or Europe, furniture from Ikea and food from Edeka…
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The Future of Banking
The journey from unbundling to rebundling and back has been a formidable one. Emerging technologies and the pace of innovation are driving changes throughout the banking industry at an unprecedented rate. From Asia to Europe, U.S. to Africa, and Australia to the Middle East, consumers are not only increasingly adopting digital – most are demanding…
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Digital payment in Asia – The key to customers in Germany as well?
A guest article by Ralf Wischmann (STARCON CO. LTD) Slowly but steadily, it is picking up speed, the trend towards cashless payments in Germany. A year ago, a rather wait-and-see to cautious attitude was reported, but now the dam seems to be broken and cashless payment and the technology behind it as well as central…
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Blockchain is Laying the Ground for the Future Banking Services like Lending and Yield
A guest article by Jonathan Knoll Was Bill Gates right when he said the world needs banking, but not banks? Maybe. Maybe not. Until Blockchain technologies fulfill the promise of being where 100’s of millions or even billions of people place their trust in all manner of financial transactions, banks still have an opportunity to…
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Parking and payment
Will parking now become smart? When people deal with the organized standstill of passenger cars, it sounds terribly boring at first, but what all actually is linked to parking and how these people and companies play a decisive role in shaping our future, because they enjoy parking and thus also do something for our environment…
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N26 and supervision – Was that necessary?
or is it all just a „storm in a glass of water” – what happened?N26 uses a photo identity process in Portugal, which is, according to Bafin and the Portuguese regulators, not compliant. But the Bafin didn’t notice – the Portuguese is not responsible.Two WiWo editors disguised themselves as Portuguese and tried it out –…
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Mobile Payment in Germany – what is possible, and what is not
Mobile Payment in Germany – what is possible, and what is not About the sense and nonsense of paying with your smartphone at the cashier point can and must one argue, and about the question why we no longer talk about mobile internet, but still distinguish between mobile payment and payment in other areas, when…
