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From energy to AI: The future industrial sectors with growth potential
Last spring the economic news paper Financial times published their annual listing “1000 Europe´s Fastest Growing Companies”. When taking a closer look at the 2019-ranking, the fastest growing companies enable to see the future industrial sectors, which stand for success and innovation – and especially provide great opportunities for start-ups and the founder scene. Which…
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Children without power – why do we forget this important target group when it comes to finances?
Children are the future. Children are the future. A sentence that is sure to meet with broad approval and from which one could deduce that it is the task of society to prepare children for the future and to adapt them to it. What about this mission in the financial environment? The thesis that this…
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Yomo – of course, it´s too easy…
Kind of surprising and yet not. The end of Yomo. One of the very early and probably also most ambitious and courageous projects of the Sparkassen as a response to so-called neo-banks is ended the planned way. https://www.handelsblatt.com/finanzen/banken-versicherungen/banken-sparkassen-wollen-kein-reines-smartphone-konto-mehr-anbieten/25491450.html Actually, the Sparkassen were still early with spring of 2017. Probably still started early enough as a…
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Faulty processes during check out are also at the expense of the credit card providers
The online shopping cart is full and yet the purchase does not take place at the end of a long process. Trade loses a lot of money every year by the abruption of the check-out process. But what is the reason why the customer does not buy anything in the end? The fact that they…
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A “clear conscience” DAX for more sustainability at Deutsche Börse
Last week Deutsche Börse launched the Dax 50 ESG. It is intended to accelerate the transformation process towards a sustainable financial industry. Demand for sustainable investments is also increasing. Criticism comes from environmentalists. Thanks to the activist Greta Thunberg, due to the problems of rising sea levels, a winter that was no longer a winter,…
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Tomorrow brings new current account
Tomorrow offsets its CO2 footprint with new “Zero” current account A few days ago, the mobile banking provider Tomorrow introduced the first current account that offsets the CO2 footprint of users* and thus breaks new ground in climate protection. This is a novelty in the field of sustainable banks and current accounts. They call it…
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Cash supply in Germany – an overview
Cash supply in Germany is certainly not a problem. Because Germany laughs because cash laughs. In Europe, Germany belongs to the Top5 cash countries. While in Sweden only 15 percent of people pay cash, the situation is completely different in Greece (88 percent) and Spain (87 percent). Germany is in fifth place with as many as…
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Duty to pay: Like BON-apartes Waterloo
Since January 1, 2020, the receipt requirement has been in force in Germany, and retailers and restaurateurs must issue a receipt for every transaction. This leads to whining on a high level, because the obligation to issue receipts came as surprisingly as the implementation of the PSD2 directive or Christmas because it was already known…
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Yeah, where are they running?
A guest contribution from Marcus NasarekIT security analyst and since the 1990s has held various positions in the payment and banking industry It is worth remembering that Bitcoins were created in response to the financial crisis. In a crisis in which highly regulated, renowned global financial institutions have driven the global financial system to the…
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FinTech Podcast #235 – Banking 3.0 (Das Hausbankprinzip)
Ein Recap zur Transactions 2019 Alles ändert sich, auch das Bankenwesen. Dabei war hier noch lange die alte Hausbank das gängige Modell – und bleibt es an vielen Ecken noch. Denn die Banken hängen einfach an diesem Modell. Wie also Bewegung reinbringen – lieber durch Rebuilding oder Unbundling? Und kann die Plattform-Ökologie hier helfen? Das…
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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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Transaction 19: A Payment & Banking event
Four years ago, in summer 2015, the idea for the Payment Exchange laid the foundation for many other events. With the Payment Exchange we wanted to create an event that actively involves the audience and allows an exchange at eye level. That is “Exchange” and that is still today the basic idea and our cred. …
