Tag: BVR
More competition in payment transactions: specifications for Apple Pay
Since this is a technically complex process, the MPs asked the Federal Ministry of Finance (BMF) to evaluate the law after some time. The BMF has now created it and…
Sparkasse women’s quota: Hardly any women on Sparkasse boards
Savings bank Only a few women are on the boards of directors of savings banks – that will not change in 2021 either. (Photo: imago images / Future Image) Frankfurt…
Banks: Number of cooperative banks drops to 775
Volksbank The number of cooperative banks in Germany continues to decline. There are currently 775. (Photo: action press) Frankfurt After the corona crisis slowed the pace of mergers at Volksbanks…
What does the traffic light mean for German banks?
Volksbank and Sparkasse The coalition agreement of the future governing parties provides relief for savings banks and cooperative banks. A ban on commission-based advice is not planned. (Photo: picture-alliance /…
Savings banks and Volksbanks can breathe a sigh of relief
Volksbank and Sparkasse The coalition agreement of the future governing parties provides relief for savings banks and cooperative banks. A ban on commission-based advice is not planned. (Photo: picture-alliance /…
Online banks and neo brokers are particularly benefiting from the stock boom
App of the neobroker Trade Republic Neo brokers like Trade Republic and online brokers like Comdirect and ING are particularly benefiting from the securities boom in Germany. Comparatively few new…
What is in store for banks now
Brussels, Frankfurt The European Union is striving for a comprehensive tightening of financial regulation. “It’s about strengthening our banks, making them more resilient and future-oriented,” said the EU Commissioner in…
Mastercard is phasing out the Maestro system
Sparkasse Girocard with Maestro function Mastercard wants to end its Maestro function in the foreseeable future. Cross-border payments with girocards would then be processed via Mastercard itself. (Photo: dpa) Frankfurt…
Savings banks and Volksbanks ally in a struggle with the Bafin
This emerges from a letter from the Federal Association of Volks- und Raiffeisenbanken (BVR), which is available to the Handelsblatt. “In the meantime, together with the German Savings Banks and…
Why banks and insurers do not have to fear an in-depth examination in 2020
Frankfurt Many German banks and insurers should breathe a sigh of relief: Even for the 2021 financial year, they do not have to show their auditors how effectively they have…
Commerzbank boss attacks savings banks and Volksbanks
Manfred Knof “It would be better for the profitability of the German banking system if we leave this model behind.” (Photo: Commerzbank AG Pavel Becker Pavel Becker / Commerzbank AG)…