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Explaining the EU’s 6th Anti-Money Laundering Directive with kompany
A guest article by kompany As of 3rd, December 2020 the European Union’s Sixth Anti-Money Laundering Directive (AMLD6) is now in effect for all member states. Stricter than its predecessors, AMLD6 introduces a larger responsibility on regulated entities to fight money laundering. What exactly changes this time around and how will your organisation find itself…
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Samsung Pay with backdoor: a storm in a teacup
Although mobile payment in Germany, not least because of the covid 19 pandemicSince the Internet has picked up speed and every consumer can now pay with their smartphone, the obligatory scandal should not be missing, if it were one.These days, negative reports are piling up around Korean tech company Samsung’s relatively new payment method “Samsung…
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The hygiene products in banking – or what do I really use
In recent days, some neo-brokers have added new functions to their product range. Among other things, Revolut offers the well-known function of multibanking for German customers. At Twitter This was followed by a discussion about what Multibanking for a bank – strategic issue or rather a small feature? The comparison that came to mind was…
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Imke Jacob (McKinsey): “Data & Analytics make the difference
Welcome to the Transactions 2020the event at which the most important heads of the Digitization-, Payment– and Banking-industry. This is a series of interviews with this year’s Transactions 2020 speakers – Today we will be Imke Jacob I’ll be available for questions and answers. Imke works as Associate Partner for the management consulting McKinsey & Company in Frankfurt…
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Smart POS systems: entry into digitalization for SMEs
A guest article by Markus Bernhart (ready2order, CEO) Small and medium-sized enterprises are the backbone of the German economy. In no other major economic nation is the share of this group of companies so large. In 2018, around 2.59 million companies in Germany were SMEs – that is still 99% of all companies. According to…
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Twilight of the gods: Google Pay becomes a financial platform
As early as next year, the wallet Google Pay is expected to become a powerful finance app. Paying, saving, managing expenses, sharing bills and managing coupons will all soon be possible with Google Pay, shares Google on the record in the Google Blog with. But that’s not all: next year, Google wants to expand the…
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25 years Otto.de – Amazon’s biggest competitor in Germany
“Otto…find’ ich gut” – the advertising slogan of the Otto Group, whose flagship for many years was the mail-order catalogue, is still one of the best-known advertising slogans today. With its online shop, Otto is rock solidly in second place among the most successful e-commerce retailers in Germany – right behind Amazon. On the occasion…
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The faces of the industry: Aiga Senftleben
May we introduce: Aiga mustard life from Billie. Working in the FinTech sector is like coming and going, requires a high degree of professionalism in a thoroughly relaxed working environment and is above all characterised by innovations as well as good, clever and future-oriented ideas, according to the widespread consensus. But who are actually the…
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What digitization in payment traffic really means
Last week, the virtual conference “The future of payments in Europe“organised by the Deutsche Bundesbank. Various perspectives were presented and discussed on the latest developments in European payments, in particular the European Commission’s Retail Payments Strategy, the European Payments Initiative and the European Payments Council. the possible role of a digital euro in the payment…
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News in November 20 – The most important at the end
Our monthly review in November 2020 There is never a dull moment in the fintech world. Companies are founded, investments are made and new products are brought to market. Sometimes it’s hard to keep track of everything. We take care of that and summarize the most important news of the previous month in a compact overview together.…
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Tobias Kugler (Google): “Currently no more exciting industry
Welcome to the Transactions 2020the event at which the most important heads of the Digitization-, Payment– and Banking-industry. This is a series of interviews with this year’s speakers* of the second part of Transactions on 02/25/2011 – Today we will Tobias Kugler I’ll be available for questions and answers. Tobias is Industry Leader at Google responsible for strategic…
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Twint – the mobile payment system of Switzerland
FinTech Podcast #294 Switzerland. Blue sky, high mountains and a German who somehow doesn’t want to be German. Special case. Expensive. Headstrong. Clichés that we Germans like to cultivate towards our southern Alpine neighbours. But as so often happens, the clichés are one thing. They quickly rattle on to the granite hard ground of reality,…
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Trade Republic: investing and saving for the whole range of society
These are our candidates for the “FinTech of the Year” : Trade Republic Bank GmbH The industry has grown up and has long outgrown its infancy. There are so many companies that shape the industry but not all of them are equally well known. Who are the companies that are the glue between finance and…
