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Commerzbank is the latest company to feel the shock waves of Wirecard's collapse, with the beleaguered firm having had a €200m ($237.51m) credit facility with the German lender.
The collapse of Wirecard has sent shock waves through the FinTech industry, cut customers off from their money and raised some serious questions about the role of regulators.
German FinTech companies have raised more than $5.9bn since 2015 FinTech companies in Germany collectively raised over $5.9m in funding across 286 transactions between...
Banks, insurance companies and capital firms are some of the businesses that could save hundreds of billions through automation and artificial intelligence.
As banks and financial institutions are scrambling to update their offerings to the new digital era, Signavio launches new tools to help them out.
Big lender HSBC has taken another step towards re-imagining its offering for the 21st century by leveraging MuleSoft’s application-building platform.
Deutsche Bank has so far replaced 680,000 hours of manual work through automation after announcing a massive restructuring effort earlier this year.
Following in the footsteps of HSBC and Commerzbank, US Bank may become the next bank in line to make thousands of employees redundant.
Alfa-Bank and Novolipetsk Steel Company has teamed up with Commerzbank and Vesuvius to launch a cross-border payments program.
Two banks have just completed a multi-participant deal using blockchain technology, which they hail as an important expansion of the digital trade finance ecosystem.
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