Germany

BaFin Appoints Supervisor To Monitor N26’s AML Controls

BaFin Appoints Supervisor To Monitor N26’s AML Controls
BaFin Appoints Supervisor To Monitor N26’s AML Controls
May 12, 2021  |  AML

Germany’s main financial regulator, the Federal Financial Supervisory Authority (BaFin), has ordered German neobank N26 to increase its anti-money laundering (AML) efforts, according to an...

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German Delivery Startup Gorillas Looks To Notch $500 Million At $6 Billion Valuation
German Delivery Startup Gorillas Looks To Notch $500 Million At $6 Billion Valuation
May 07, 2021  |  Investments

The German delivery startup Gorillas is looking to raise about $500 million at a $6 billion valuation following a $290 million Series B round in March,...

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EU May Face Recession As Employment, Retail Numbers Stay Weak
EU May Face Recession As Employment, Retail Numbers Stay Weak
March 02, 2021  |  Europe

The eurozone, facing high unemployment rates in an attempt to keep the pandemic contained, has economists convinced a double-dip economic recession is coming, the Financial...

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The Virtual Corporate Card Value Proposition Expands
The Virtual Corporate Card Value Proposition Expands
February 17, 2021  |  B2B Payments

With more financial service providers positioning corporate cards in the market, interest in value-added functionality is on the rise. Get the Full Story Complete the...

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Germany’s Business Landscape Ups Its Corporate Card Expectations
Germany’s Business Landscape Ups Its Corporate Card Expectations
February 16, 2021  |  B2B Payments

While the commercial card continues to make waves in the U.S. as businesses broaden its use beyond travel and entertainment (T&E), other jurisdictions of the...

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Visa, pliant Team On Business Credit Card In Germany
Visa, pliant Team On Business Credit Card In Germany
February 03, 2021  |  B2B Payments

Visa has rolled out its new Visa Infinite Business credit card in collaboration with FinTech pliant in Germany, according to a press release. Get the...

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Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System
Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls...
January 12, 2021  |  Cross-border Payments

In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C...

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Europe Considers Lengthening COVID Lockdowns As Cases Climb
Europe Considers Lengthening COVID Lockdowns As Cases Climb
January 03, 2021  |  Economy

Germany is preparing to continue its nationwide lockdowns through the end of January, a report from Financial Times (FT) says. Get the Full Story Complete...

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