-
Embedded finance: brands and financial institutions must take action
The hype surrounding embedded finance continues unabated: According to a recent study by private equity firm Lightyear Capital, the embedded finance industry will be worth $7.2 trillion by 2030. This corresponds to twice the total value of the world’s 30 largest banks. Integrated payment services will have particularly great potential in the e-commerce and healthcare…
-
Gender diversity in European banks with room for improvement
A guest contribution by Claudia Rasper It is generally accepted and proven by numerous studies that workforce diversity contributes significantly to corporate success: Diversity promotes innovation[1] and balanced decision-making processes, thus increasing the resilience and performance of companies[2]. By tapping into the entire diverse talent pool, diversity is also a catalyst for successful talent management:…
-
2021: of new ideas, daring concepts and trust in God
And another crazy… Yes, I know! The Year of Payment & Banking Last year just before Christmas I usually wrote one phrase on all the Christmas cards, “What a tumultuous, crazy year…2021 will be better, I promise!”.Yeah right…so I’m not promising anything on any cards this year. At most, I can congratulate everyone who didn’t…
-
Company in the FinTech sector: Finastra
The industry has grown up and long since outgrown its infancy. There are so many companies that shape the industry, but not all of them are equally well known. Who are actually the companies that form the glue between finance and digital technologies? In our series “The companies of the FinTech industry” we give companies…
-
Gender diversity in Germany: ‘Pains and Gains’ in German FinTechs
Short study by Dr. Philine Sandhu (HWR Berlin) & Achim Oelgarth(Berlin Finance Initiative) In Germany, FinTechs are becoming an increasingly strong driver for the economy. German FinTechs raised €2.1 billion in capital in the first half of 2021 alone, two-thirds of which was raised in Berlin. Trend: still rising, as the latest mega-financing round at…
-
The faces of the industry: Stephan Spies from adorsys
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 and movers behind these creative thought processes,…
-
The faces of the industry: Nadja Hofmann from Exporo and PROPVEST
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 and movers behind these creative thought processes,…
-
Germany Finance publishes the German Fintech Report 2021
Germany Finance, the working group of the financial centres in Germany, has published the German Fintech Report 2021 for the first time. The comprehensive study shows how diverse the German fintech industry is and where its focus lies. This was based on data on the German fintech ecosystem from the startup platform Startbase, which is…
-
The CryptX – the new event of Payment & Banking
We’re doing it again! After several years of event experience and various BEX, PEX and TRX series, we at Payment & Banking are launching a new conference format as early as next month: CryptX. Because we believe the time is ripe to bring together the right people from the industry to talk and discuss about…
-
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…
-
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…
-
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…
-
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,…
