Tag: Savings banks
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…
Bundesbank project “Tiber”: “We attack in three ways”: This is how German banks can almost always be hacked
The number of cyber attacks has increased significantly. In order to be better equipped, financial groups can be attacked for test purposes. An attacker explains how to do it. .source…
Another large fund Riester provider is discontinuing its new business
Deka Bank The Riester providers also want to put pressure on the parties in the Berlin coalition negotiations. (Photo: dpa) Frankfurt So now Deka: With the Sparkasse fund subsidiary, the…
Bundesbank project: forging LinkedIn profiles, wearing overalls into the building: How “good hackers” crack German banks
The number of cyber attacks has increased significantly. In order to be better equipped, financial groups can be attacked for test purposes. An attacker explains how to do it. .source…
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…
Long-term savings contracts: “Changes according to the landlord’s style” – BGH opens the gate for high interest payments to savers
Consumer advocates see themselves largely confirmed by a ruling by the Federal Court of Justice. Accordingly, many subsequent rate cuts in savings contracts are ineffective. .source site
Online bank DKB will cooperate with asset manager DJE in the future
Smartphone app from the online bank DKB The DKB is starting a cooperation with the investment company DJE in order to offer customers with little investment experience digital asset management.…
Medium balances increasingly affected by negative interest rates
Frankfurt / Main Lower allowances and higher penalty interest on the overnight or current account: According to the comparison portal Verivox, credit institutions are increasingly tightening existing negative interest conditions…
Portigon can pass Cum-Ex tax debts on to the savings banks
Savings banks must be liable for WestLB successors WestLB’s successor Portigon may shift up to 500 million euros from Cum-Ex tax debts to the savings banks in North Rhine-Westphalia. (Photo:…
Savings banks want to invest 150 million euros in EPI
Contactless card payment European banks want to set up their own payment system. You anticipate investments of 1.5 billion euros initially. (Photo: E + / Getty Images) Frankfurt A directional…
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)…
Banks still need strict rules
Head of the banking association Christan Sewing at the Handelsblatt banking summit Sewing and the President of the Sparkasse, Helmut Schleweis, are calling for the banks to be relieved of…