Germany and the EU's attempts to protect European companies from US sanctions on Iran are not working. And they can't stop the Iranian economy from becoming isolated as more sanctions are imposed.
Combining five of Germany’s biggest public-sector banks would slash costs and create the country’s second-largest lender. Ensuring its long-term profitability is another matter.
Despite Berlin's pledge to keep the Iranian nuclear deal alive, German banks are so scared of breaching US sanctions that they are refusing to process payments from Iran.
Three startups plan to snatch a slice of the growing online identification market from Facebook and Google. They’re banking on Germany’s reputation for data privacy.
With Google set to launch Google Pay in Germany, some observers predict that Big Tech companies will corner the market in personal financial services. For others, the fear is hugely exaggerated.
US giant Google will test whether a country that doesn’t even like credit cards is ready for contactless payment via mobile phones.
A surge in online shopping has turned the payments market into a battleground for financial startups. Germany's best-known provider Wirecard placed its focus abroad, not on its cash-loving homeland, to rise above its competitors.
A credit union has been told it is not allowed to charge minus 0.5% interest on existing checking and many savings accounts. Consumer groups are delighted, but the ruling does not cover new accounts.
Six small credit unions in southern Germany are still processing payments to Iran, undaunted by the wrath of Trump.
As traditional banks raise their fees, more German consumers are being drawn to online banks, which now account for 14 percent of all retail banking.