Klarna advertising 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 … Read more
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
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
Frankfurt The British neobank Revolut is growing rapidly. She puts the number of her customers at 18 million, around 70 percent of them in the EU and half a million in Germany. The central offer of the finance start-up (Fintech) Revolut is a finance app. But only now is the company known as “Neobank” or … Read more
Commerzbank in Frankfurt Commerzbank is currently working on the cancellation of the bookings. (Photo: dpa) Reuters 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
Julian Hosp The Austrian entrepreneur and blockchain expert founded the Cake Defi platform in June 2019. (Foto: Xing / Julian Hosp) Düsseldorf The German financial regulator Bafin is investigating the Cake Defi crypto project. “The content on the Cake Pte. Ltd. operated website cakedefi.com justify the assumption that the company conducts unauthorized banking or financial services … Read more