Commerzbank

Commerzbank Aktiengesellschaft is a major German bank operating as a universal bank, headquartered in Frankfurt am Main. In the 2019 financial year, the bank was the second largest in Germany by the total value of its balance sheet.

(source: commerzbank.com)

Commerzbank Fined for Money Laundering Compliance Failure
Commerzbank Fined for Money Laundering Compliance Failure
April 22, 2024  |  AML

A German financial regulator has reportedly fined Commerzbank $1.5 million for anti-money laundering violations. BaFin said Monday (April 11) that the bank failed to update customer data on time and...

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Commerzbank to Integrate PPI Platform, ISO 20022 for X-Border Payments
Commerzbank to Integrate PPI Platform, ISO 20022 for X-Border Payments
April 04, 2024  |  Banking

Commerzbank is updating its payments platform in Germany to execute cross-border payments. The bank will use the Swift network to process cross-border payments and the...

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Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
January 18, 2024  |  Banking

The head of Deutsche Bank says merging with Commerzbank is not a priority. In an interview with CNBC Thursday (Jan. 18), Deutsche Bank CEO Christian Sewing seemed to quash recent...

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Report: Commerzbank and Deutsche Bank Ressurect Merger Talks
Report: Commerzbank and Deutsche Bank Ressurect Merger Talks
January 15, 2024  |  Banking

Deutsche Bank has reportedly resumed merger discussions with fellow German financial institution Commerzbank. The two companies had called off their initial plans to merge five years ago. But now,...

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Commerzbank and Global Payments Team to Help German Small Businesses
Commerzbank and Global Payments Team to Help German Small Businesses
January 11, 2024  |  Partnerships

Commerzbank and Global Payments teamed to offer digital payment solutions to German small- to medium-sized businesses (SMBs). The companies have joined to form Commerz Globalpay...

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Today In B2B Payments: EVO Eyes B2B Payments Collaboration; Commerzbank Tests Digital Euro For Corporates
Today In B2B Payments: EVO Eyes B2B Payments Collaboration; Commerzbank Tests Digital Euro For Corporates
May 24, 2021  |  B2B Payments

Today in B2B Payments, EVO discusses the role of collaboration in B2B payments digitization, and Commerzbank begins testing blockchain and digital euros for corporate supply...

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Commerzbank Tests Blockchain, Digital Euros For Corporate Supply Chains
Commerzbank Tests Blockchain, Digital Euros For Corporate Supply Chains
May 23, 2021  |  B2B Payments

A joint project by Commerzbank, Evonik and BASF has tested a new blockchain platform which will be able to handle supply chain processes, a press...

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Today In B2B: Google Cloud’s Bank Digitization Collab; Simplain On Grocery Supply Chain Pains
Today In B2B: Google Cloud’s Bank Digitization Collab; Simplain On Grocery Supply Chain Pains
March 30, 2021  |  B2B Payments

Today in B2B payments, Simplain discusses the biggest pain points in the grocery supply chain, and Google Cloud helps one German bank accelerate modernization. Plus,...

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FinTechs Keep The Big Picture Of Bank Modernization In Mind
FinTechs Keep The Big Picture Of Bank Modernization In Mind
March 30, 2021  |  B2B Payments

The U.S. remains behind the curve when it comes to open banking initiatives, compared to some more advanced markets like the U.K. In this week’s...

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