Germany

German Antitrust Investigation Highlights PayPal Merchant Fees
German Antitrust Investigation Highlights PayPal Merchant Fees
January 24, 2023  |  ANTITRUST

The German competition watchdog has announced antitrust investigations against PayPal. In a statement on Monday (Jan. 23), the Bundeskartellamt (BKartA) said it is probing the...

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Germany’s Paid Training Leave Attempts to Plug Digital Skills Gap
Germany’s Paid Training Leave Attempts to Plug Digital Skills Gap
January 19, 2023  |  Connected Economy

The German government wants to introduce paid leave for employees to undergo training. In comments widely reported in the German media, Labor Minister Hubertus Heil...

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N26 Launches Crypto Trading in 5 European Countries
N26 Launches Crypto Trading in 5 European Countries
January 17, 2023  |  Cryptocurrency

The German neobank N26 has launched its crypto trading service in five new markets. Following an initial launch in Austria last October, the company announced...

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Germany’s Translation Tech Firm DeepL Becomes Latest AI Unicorn
Germany’s Translation Tech Firm DeepL Becomes Latest AI Unicorn
January 12, 2023  |  Investments

German startup DeepL reached a 1 billion euro ($1.085 billion) valuation following its latest funding round. Although the total amount raised has not been disclosed,...

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Autonomous Delivery Gets Boost From Pilots in France and Germany
Autonomous Delivery Gets Boost From Pilots in France and Germany
January 10, 2023  |  Delivery

European retailers and tech companies are moving ahead with the development of autonomous delivery vehicles. While small delivery robots that stick to sidewalks have been...

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German Neobank Ruuky Files for Insolvency
German Neobank Ruuky Files for Insolvency
January 09, 2023  |  Digital-First Banking

The German neobank Ruuky announced it has filed for bankruptcy after less than three years in operation. In a LinkedIn post Monday (Jan. 9), the Hamburg-based...

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Automation Helps Minimize Friction In Online Insurance Claims Process
Automation Helps Minimize Friction In Online Insurance Claims Process
December 23, 2022  |  Insurance

Automation can be the missing link to minimizing friction in the online insurance claims process. In fact, when it comes to making an insurance claim,...

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Defendant Blames ‘Blind Loyalty’ to CEO in Wirecard Scandal Trial
Defendant Blames ‘Blind Loyalty’ to CEO in Wirecard Scandal Trial
December 19, 2022  |  Security & Fraud

A defendant and key witness in the Wirecard scandal trial has admitted guilt. Oliver Bellenhaus, the former head of Wirecard’s Dubai office and one of...

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Backlog Forces Resignation of Germany’s Anti-Money Laundering Head
Backlog Forces Resignation of Germany’s Anti-Money Laundering Head
December 15, 2022  |  AML

The leader of German’s anti-money laundering office has reportedly resigned. Christof Schulte, who had overseen Germany’s Financial Intelligence Unit (FIU) since 2018, stepped down Thursday...

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