Uniform payment brand and payment card planned for Europe
Pay by card Big European banks want to create a European payment card. It should be part of a new payment system. (Photo: Robert Kneschke … Read more
Bank related institutions
Quarterly figures: Klarna increases operating profit
Klarna Europe’s most valuable fintech was founded in Sweden in 2005. (Photo: Reuters) Stockholm The payment service provider processed significantly more payments in the first … Read more
Wirecard: Santander takes over core business
Wirecard headquarters in Aschheim near Munich Santander will take over around 500 employees from the payment service provider. (Photo: dpa) Frankfurt Even in Munich, many … Read more
Almost 500 stores known from Bafin employees
Bafin The financial supervision is currently also reviewing its own employees. (Photo: Reuters) Berlin The financial supervisory authority Bafin is now aware of almost 500 … Read more
LSE makes EU concessions for refinitive takeover
London Stock Exchange In October the London Stock Exchange sold the Milan Stock Exchange to the European consortium Euronext. (Photo: Reuters) Brussels / London According … Read more
Adyen earns more – also thanks to a balance sheet correction
Adyen headquarters in Amsterdam The Dutch payment service provider booked costs twice. The result: the profit since 2018 is higher than previously known. (Photo: Reuters) … Read more
An important step for the European financial center
Italian Stock Exchange The London Stock Exchange (LSE) sells the Milan Stock Exchange to the European consortium Euronext. (Photo: AFP) Rom In Italy the sale … Read more
Japan’s central bank will start digital currency tests in 2021
Bank of Japan Tests for the introduction of a digital currency are to start in Japan next year. (Photo: Reuters) Japan’s central bank says it … Read more
Italian payment service provider Nexi is reaching for domestic competitors – and becomes one of the largest companies in the country
Rome, Frankfurt For months there had been speculation in Italy about the merger of the two Italian payment service providers Nexi and Sia. The plans … Read more
Why it could get more difficult for fintechs next year
“We expect that the competition for new capital will intensify and that there will be massive consolidation in the industry,” says Radboud Vlaar, co-founder of … Read more