Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This is true for individuals and microbusinesses and small businesses (MSBs) that want to align their cash flow and...
Former Wirecard CEO Markus Braun’s legal troubles are reportedly worsening. A judge ordered Braun and two other executives from the defunct German payments company to pay $155 million in damages related to loans to a company in Singapore that were never repaid, Reuters reported Thursday...
Amazon teamed with Santander to launch a new Amazon Visa card in Germany. The card lets users earn rewards while shopping on and off Amazon’s Germany website, according to a Monday (Aug. 12) press release. Rewards are redeemable from Amazon. “Cardholders can pay for their...
Four years after the collapse of online payments company Wirecard, German prosecutors have reportedly charged two more of the firm’s former executives. Wirecard’s former finance chief, Alexander von Knoop, and its former board member for product development, Susanne Steidl, have been charged with several counts...
September 26, 2024
Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This is true for individuals and microbusinesses and small businesses (MSBs) that want to align their cash flow and expenses. In Germany, 14% of consumers and 10% of MSBs […]
August 01, 2024
Consumers in Germany are embracing their digital wallets for payments. Nearly half (47%) use them for online shopping for example. Surprisingly, baby boomers and seniors in Germany are more likely...
July 18, 2024
As the largest economy in the European Union, Germany surprisingly ranks near the bottom in digital engagement among the 11 countries studied in PYMNTS Intelligence’s “How the World Does Digital”...
May 08, 2023
As regulators push for the development of instant payments, European Union countries continue to leverage preexisting economic relationships to advance faster payments across the region. It’s a trend that has...
September 30, 2024
Microsoft’s size and scope has gotten the attention of Germany’s antitrust regulator. The Federal Cartel Office announced Monday (Sept. 30) that it was placing the tech giant under closer scrutiny in the form of a five-year “extended abuse control” measure. The effort comes as Microsoft’s products have become “omnipresent” and “indispensable” among businesses, consumers and […]
September 05, 2024
Former Wirecard CEO Markus Braun’s legal troubles are reportedly worsening. A judge ordered Braun and two other executives from the defunct German payments company to pay $155 million in damages...
August 12, 2024
Amazon teamed with Santander to launch a new Amazon Visa card in Germany. The card lets users earn rewards while shopping on and off Amazon’s Germany website, according to a...
August 06, 2024
Four years after the collapse of online payments company Wirecard, German prosecutors have reportedly charged two more of the firm’s former executives. Wirecard’s former finance chief, Alexander von Knoop, and...
