Germany

Germany’s Banking Regulator BaFin Hit by Cyberattack
Germany’s Banking Regulator BaFin Hit by Cyberattack
September 04, 2023  |  Cybersecurity

Germany’s banking regulator has reportedly closed off parts of its website following a cyberattack. BaFin took defensive measures following the attack Sept. 1, which restricted access to the...

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Crypto Exchange Coinbase Launches PayPal Integration for German and UK Users
Crypto Exchange Coinbase Launches PayPal Integration for German and UK Users
August 29, 2023  |  Cryptocurrency

Cryptocurrency exchange Coinbase has added a new feature that allows users in Germany and the United Kingdom to link their PayPal accounts directly to Coinbase. This integration provides a...

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Birkenstock Preparing for September IPO in the US
Birkenstock Preparing for September IPO in the US
July 31, 2023  |  Retail

German footwear brand Birkenstock is reportedly getting set for a listing in the U.S. as soon as September. The brand’s owner, private equity firm L Catterton,...

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Binance Retreats in Germany as Crypto Landscape Shifts ‘Significantly’
Binance Retreats in Germany as Crypto Landscape Shifts ‘Significantly’
July 26, 2023  |  Cryptocurrency

Cryptocurrency giant Binance has suspended its plans to seek a license in Germany. A company spokesperson told PYMNTS Wednesday (July 26) that Binance has “proactively withdrawn” its...

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Mondu and Acquired.com Expand B2B BNPL in UK and Europe
Mondu and Acquired.com Expand B2B BNPL in UK and Europe
July 21, 2023  |  BNPL

B2B payments company Mondu has partnered with payments specialists Acquired.com. Through Acquired’s network, Mondu’s suite of B2B payment services will be available to customers across...

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JPMorgan to Expand Online Banking Platform Into Germany and EU
JPMorgan to Expand Online Banking Platform Into Germany and EU
July 21, 2023  |  Banking

J.P. Morgan reportedly plans to expand its online banking platform Chase into Germany and other European Union (EU) countries. Preparations for such a move have...

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Raisin Predicts Deposit Base Will Grow to $56 Billion
Raisin Predicts Deposit Base Will Grow to $56 Billion
July 17, 2023  |  Banking

German FinTech Raisin is reportedly banking on a shift among lenders to alternative funding sources. The savings and investment platform anticipates that deposits for which...

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Flatpay Raises $16 Million for Flat-Rate POS Technology
Flatpay Raises $16 Million for Flat-Rate POS Technology
June 26, 2023  |  Point of Sale

Danish FinTech Flatpay has raised €15 million (about $16 million) in its Series A funding round to expand its presence in Denmark, Finland and Germany and...

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German Regulator Says Google Automotive Services May Violate Antitrust Rules
German Regulator Says Google Automotive Services May Violate Antitrust Rules
June 21, 2023  |  ANTITRUST

A German regulator has told Google that its connected car package may violate antitrust rules. The Federal Cartel Office said in a letter to the tech giant that the...

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