Payment service provider Klarna takes back fees

Klarna The Swedish payment service provider Klarna is adapting payment methods in favor of consumers. Industry observers believe that Klarna anticipates possible regulation. (Foto: mauritius images / Robert Evans / Alamy) Frankfurt While banks usually constantly increase fees, Klarna is becoming more generous with its conditions. At the beginning of the week, the Swedish fintech announced … Read more

EU wants to increase pressure on Russia – and is targeting crypto assets

The US government wants to prevent Russia from being imposed for its invasion of Ukraine Circumventing sanctions using cryptocurrencies such as bitcoin. A government member said that a strategy was being worked on that draws on experiences with Iran and Venezuela. There are also sanctions against these states, which they are trying to circumvent. The … Read more

World’s largest credit card issuers suspend business in Russia

Visa and Mastercard credit cards Because of the Russian invasion of Ukraine, the two credit card providers are suspending their business in Russia. (Photo: dpa) Washington Because of the Russian invasion of Ukraine, the world’s two largest credit card providers, Visa and Mastercard, are suspending their business in Russia. Visa will work with customers and … Read more

EU tightens sanctions against Russia’s financial system – but not completely

Demonstration in London Broad wave of solidarity. (Foto: imago images/ZUMA Wire) Düsseldorf, New York, Brussels, Berlin, Frankfurt The EU, US and other Western allies further isolated Russia’s financial system over the weekend. First, they want to freeze the assets of the Russian central bank. On the other hand, the country’s most important credit institutions are to … Read more

Digital currencies come under pressure as Bitcoin falls below $40,000

The financial regulator Bafin has private investors in mind Risks of investing in crypto assets and investment tips on social media. Enthusiastic reports about Bitcoin, Ether and Co. were circulating there, but there were investments in crypto assets highly speculative and just as risky, the supervisor warned on Monday. There is a risk of total … Read more

Crypto prices fall after new US inflation data

The financial regulator Bafin has private investors in mind Risks of investing in crypto assets and investment tips on social media. Enthusiastic reports about Bitcoin, Ether and Co. were circulating there, but there were investments in crypto assets highly speculative and just as risky, the supervisor warned on Monday. There is a risk of total … Read more

Bitcoin falls again on Saturday

Among the crypto investors meanwhile prevails “extreme fear” of further losses. The so-called “fear and greed indicator” of the crypto market, which is calculated using technical market data, has fallen to a current value of 23. According to sentiment theory, such a negative sentiment is a contraindicator, because then many investors have already sold and … Read more

Commerzbank annoys customers with excessive tax deductions

Commerzbank in Frankfurt Commerzbank is currently working on the cancellation of the bookings. (Photo: dpa) Archyde.com Commerzbank and its online branch Comdirect are causing unrest among customers with incorrect tax deductions on investment income. Due to a technical error, customers would be burdened with excessive tax deductions, the bank admitted on Friday in response to … Read more