BankingFeaturedDeutsche Bank rolls out Swift’s Beneficiary Account Validation (BAV) serviceIFM CorrespondentNovember 26, 2021 by IFM CorrespondentNovember 26, 2021 The new service will allow customers to verify payee account details before an international payment instruction is sent... Read more
ExclusiveFintechFrance on the way to become the second biggest fintech hub in EuropeIFM CorrespondentOctober 8, 2021 by IFM CorrespondentOctober 8, 2021 Fintech firms in France raised around€1.9 bn so far this year... Read more
BankingFeaturedDeutsche Bank acquires Berlin-based payment service provider Better PaymentIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The deal is expected to help Deutsche expand its market share in the fast-growing online payment processing market... Read more
ExclusiveFinanceCash is no longer the most-favoured mode of payment in GermanyIFM CorrespondentSeptember 17, 2021 by IFM CorrespondentSeptember 17, 2021 Contactless payment increased by nearly 40% since the pandemic... Read more
FeaturedHealthcareBioNTech’s Covid-19 vaccine success to boost domestic economyWebAdminAugust 12, 2021 by WebAdminAugust 12, 2021 The biotechnology firm can boost Germany’s economy by 0.5% points this year... Read more
FeaturedHealthcareMainz-based BioNTech to develop malaria vaccines with mRNA techWebAdminJuly 28, 2021 by WebAdminJuly 28, 2021 The same technology was used to develop the Covid-19 vaccine... Read more
FeaturedTechnologyChipmaker GlobalFoundries plans to invest $6 bn to expand in SingaporeWebAdminJune 23, 2021 by WebAdminJune 23, 2021 The US-based company will allocate the fund in order to fight chip shortage... Read more
EconomyMagazineGermany’s Indo-Pacific strategyWebAdminApril 1, 2021April 8, 2021 by WebAdminApril 1, 2021April 8, 2021 Germany aims to strengthen its trade and investment linkages with Australia, New Zealand, India, ASEAN, Japan, and South Korea... Read more
BankingFeaturedDeutsche Bank branch closure could see 450 people lose their jobWebAdminFebruary 26, 2021 by WebAdminFebruary 26, 2021 The bank is also planning to eliminate 20% of its workforce in a four-year restructuring plan... Read more
FeaturedLogisticsKuehne + Nagel acquires Chinese freight forwarder Apex InternationalWebAdminFebruary 24, 2021 by WebAdminFebruary 24, 2021 Financial details of the deal are not disclosed... Read more