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Top fintech stories this week – 12 May 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Deutsche Bank leads charge for pan-industry e-identity platform

Private equity firms take over German payment services provider Concardis

Deutsche Bank and a variety of German and European companies have teamed up to establish a joint, pan-industry platform for online registration, e-identity and data services. The initiative was set up by the bank, Allianz, Axel Springer, Daimler, Postbank, technology think tank Core, and location services provider Here Technologies. Their aim is to “make online […]

Top fintech stories this week – 7 April 2017

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Deutsche Bank launches new mobile payment app

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Deutsche Bank has launched a new mobile payment app for Android devices.

Deutsche Bank opens innovation lab in New York

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Deutsche Bank has opened an innovation lab in New York, its fourth globally. The lab is part of its five-year plan for €1 billion investment in digital initiatives. It is sited in Lower Manhattan’s Fulton Center and will explore new technologies focused on several areas, including artificial intelligence, cloud technology and cybersecurity. Elly Hardwick, head […]

Top fintech stories this week – 3 February 2017

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Deutsche Bank fined record £163m for AML control fails

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The UK’s Financial Conduct Authority (FCA) has fined Deutsche Bank £163 million for failing to maintain an adequate anti-money laundering (AML) control framework during the period between 1 January 2012 and 31 December 2015. This is the largest financial penalty for AML controls failings ever imposed by the FCA, or its predecessor the Financial Services […]

Seven European banks join forces for blockchain platform for SMEs

Major banks team up for blockchain platform for SME commerce

Seven European banks – Deutsche Bank, HSBC, Natixis, KBC, Rabobank, Société Générale and UniCredit – have agreed in principle to develop a blockchain-based shared platform for domestic and international commerce for SMEs.

Deutsche Bank bans texting and messaging apps on work phones

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No more texting or using messaging apps such as WhatsApp on company issued phones, Deutsche Bank tells its employees. According to a memo issued by COO Kim Hammonds and chief regulatory officer Sylvie Matherat, the functionality will be switched off this quarter.

Top ten payments projects in 2016

Navigating the payments storm

Look back at some of the major payments projects in 2016, with Banking Technology’s top ten.

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