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Buy now, pay how? German consumers are left behind when it comes to payments
instant messages #17 by Marcus W. Mosen Marcus W. Mosen comments on payment or banking topics on various portals and delights his followers on twitter (@mwmosen) with pointed contributions on payment, fintech or politics. From now on you will find his monthly guest column “instant messages by…” on the latest happenings in payment, banking &…
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What is tokenization and why is it actually important?
The principle of the “5-Minute-Friday” is probably known to many by now. This concept also fits perfectly for the popular podcast model. Every Friday, Alexander Bechtel, Jonas Gross and Michael Blaschke explain a question of the crypto community in a short and crisp way in five minutes. In today’s 5-Minute Friday episode, Michael Blaschke looks…
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Are local map systems in Europe under threat?
A guest contribution by Maximilian Fuchs For many German merchants, the girocard as a low-cost, domestically accepted debit card system was and is a lifeline in the face of rising card acceptance costs. However, recent reports suggest that it is under increasing threat from mono-badge card issuing. With some of Europe’s national card schemes in…
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Episode 7: Strong women – strong voices!
These are the female faces of the industry Every Wednesday, in our popular “Faces of the Industry” series, individuals from the payments and banking industry answer our standardized questionnaire of ten questions each. Over the years, a large number of interesting answers have come together. This series also features many great women in the industry…
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Influencer marketing in the financial industry
Two marketing surveys published a few months ago by the German Digital Economy Association and the Influencer Marketing Hub clearly show: activating one’s own target group through influencer marketing as part of the online marketing strategy will become even more important in the future. And fintech and banks have also long been working with influencers…
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Turning money laundering compliance into business advantage
Artificial intelligence and machine learning essential in the fight against fraud A guest contribution by Anders la Cour , co-founder and Chief Executive Officer of Banking Circle Digitization has picked up considerable speed in recent years. During the pandemic, this change in the financial industry accelerated dramatically. At the same time, the increased digital exchange…
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Money magnet fintech – is the attraction weakening?
For years, money just poured into fintechs. Only recently did investor enthusiasm seem to wane somewhat. An inventory of not only the unicorn herd. To be the next Uber, that would be something. This, or something similar, is probably the more or less silent dream of startups when it comes to finance. And so is…
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Faces of the industry: Stephan Krehl
May we introduce: Stephan Krehl from Agicap Working in the FinTech industry is like coming and going, requires a high degree of professionalism in a thoroughly relaxed working environment and is above all characterised by innovation as well as good, clever and future-oriented ideas, according to the widespread consensus. But who are actually the brains…
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All for a rip-off? The future of residual debt insurance
Should loans be hedged? For many consumers, this is a relevant question, especially in times of economic uncertainty. However, many customers have a negative memory of residual debt insurance. Nevertheless, it has a future! With individual services and financial service providers who are advisors and partners to their customers. A guest contribution by Alexander Hoffmann…
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No LEI, no trade: LEIs become compulsory for transactions that are subject to reporting
Due to the requirements of BaFin and additional European regulations, all transactions subject to reporting must be carried out with an LEI. For example, in the European Markets in Financial Instruments Directive (MiFID II) and the EU Financial Markets Regulation (MiFIR), ESMA has stipulated that the LEI should be used to clearly identify the counterparties…
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The faces of the industry: Christin Friedrich
May we introduce: Christin Friedrich from Innovestment GmbH Working in the FinTech industry is like coming and going, requires a high degree of professionalism in a thoroughly relaxed working environment and is above all characterised by innovation as well as good, clever and future-oriented ideas, according to the widespread consensus. But who are actually the…
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Why the next generation of neobanks must be niche banks
A guest article by Leif Wienecke, Managing Director Digital Banking & Cards at Solarisbank When the first neobanks hit the market in the early 2010s, their core customer promise was a radically improved user experience. Where traditional banks were cumbersome, inflexible and frustratingly bureaucratic, Monzo, Revolut and N26 were a breath of fresh air: faster,…
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The cards are being reshuffled: Lucrative niches in the fintech market
A guest article by Dr. Andreas Spengel, Senior Vice President Market Development at Mastercard Germany & Switzerland Fueled by the digital transformation and changing customer needs, European fintechs have been shaking up the payment world for several years now with their new, often disruptive business models. Thanks to their lean organisation, agile working methods and…
