Germany

Deutsche Bank Unveils Loyalty-first Mobile Wallet Venture

Deutsche Bank Unveils Loyalty-first Mobile Wallet Venture

Deutsche Bank has launched Yunar, a wholly-owned subsidiary startup that is taking a loyalty-first approach to building out a fully featured mobile wallet by initially offering a simple way to manage up to 200 loyalty points schemes and then gradually adding a range of mobile payments and banking services as adoption takes off.

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Deutsche Bank Launches Standalone Mobile Wallet

Deutsche Bank Launches Standalone Mobile Wallet

Deutsche Bank has set up a subsidiary startup called Yunar, which will gradually build out a mobile wallet offering a host of services, beginning with loyalty scheme management.

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Are People in Germany Using Mobile Payments?

Are People in Germany Using Mobile Payments?

The cash culture in Germany is holding back mobile payment adoption in the country. Many people are comfortable paying with cash and don’t see any significant benefits to changing their habits, especially older generations. This year, we expect 5.8 million people in the country will use proximity mobile payments, making up 8.0% of the population.

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Germany’s Central Bank Reports Successful Test Results for Blockchain-based Payments

Germany’s Central Bank Reports Successful Test Results for Blockchain-based Payments

Deutsche Bundesbank (Germanys central bank) and the Deutsche Brse (Germanys marketplace organizer for the trading of shares and securities) have reportedly finished running performance tests for a blockchain-based securities settlement system.

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Why Is a U.S. Regional Expanding to Germany?

Why Is a U.S. Regional Expanding to Germany?

It’s not too often that a midsize U.S. bank holds a launch party for its new growth strategy … in Berlin.

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