Commerzbank

135 results about this entity

Period: 07 Feb 2005 - 02 Apr 2024

Commerzbank now with Apple Pay

Commerzbank AG now offers its customers Apple Pay. Apple Pay enables easy, secure and private payments with iPhone, Apple Watch, iPad, and Mac. Customers can make fast and convenient purchases in stores, in apps and on websites.

First transactions executed on Deutsche Bourse's blockchain-based securities lending platform

Commerzbank, Credit Suisse and UBS have successfully executed the first live transactions on Deutsche Börse's HQLAx securities lending platform.

Commerzbank and Deutsche Bourse exchange cash and securities tokens in post-trade DLT trial

Commerzbank, Deutsche Bourrse and Meag, the asset manager of Munich Re and Ergo have undertaken a delivery-versus-payment transaction entailing the use of securities and cash tokens for settlement and collateral calls.

Alfa Bank and Commerzbank pilot payments on Marco Polo trade finance ledger

Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank, Germany, and Vesuvius GmbH, Germany, have launched a pilot project of cross-border payments via the Marco Polo international trade finance network.

Commerzbank to axe jobs and branches, invest in digitalisation

Commerzbank will reduce its headcount by 2300 and close 200 branches as part of strategic plan that will also see EUR750 million pumped into digitalisation and IT infrastructure.

Commerzbank mulls deeper branch cuts and further job losses

Germany's Commerzbank is mulling the shut down of up to 200 branches with the loss of 2000 jobs as part of a new strategic plan to be unveiled this Autumn.

Marco Polo brings onboard first logisitics partner for pilot transaction

LBBW and Commerzbank have once again executed a trade transaction between Voith and KSB SE, via the Marco Polo trade finance network, built on R3’s distributed ledger technology (DLT) platform, Corda.

Commerzbank tests 'cash on ledger' for machine-to-machine payments

Commerzbank is testing a blockchain-based machine-to-machine payment system with Daimler Trucks.

Three German institutions and federal state invest $20 million in Arabesque S-Ray

Arabesque S-Ray, a leading global data provider of environmental, social, and governance (ESG) metrics, today announced strategic partnerships with four new co-investors: Allianz X, Commerz Real AG, DWS Group, and Land Hessen.

Big banks create Utility Settlement Coin company

Some of the world's biggest financial services firms - including Barclays, Nasdaq and UBS - have pumped £50 million into a new venture building a Utility Settlement Coin (USC), an asset-backed digital cash instrument implemented on distributed ledger technology.

Marco Polo blockchain network completes EU to Asia trade transaction

Bangkok Bank and Commerzbank have jointly run an international trade transaction based on Distributed Ledger Technology (DLT).

Mosaic Smart Data snags $9 million in funding

Commerzbank's VC arm and Octopus Ventures have joined JPMorgan in a $9 million fund raise for capital markets data analytics startup Mosaic Smart Data.

Commerzbank and Raisin team on savings platform for corporate clients

Commerzbank has joined force with German fintech Raisin to launch a savings platform for corporate clients.

Marco Polo blockchain network used for commercial transactions

The Marco Polo blockchain trade finance network has successfully navigated unchartered territory, facilitating two commercial transactions involving Commerzbank and LBBW.

Commerzbank and Deutsche Bourse settle repo transaction on blockchain

Commerzbank and Deutsche Bourse have successfully used distributed ledger technology to execute a legally binding settlement of a repo transaction.

Commerzbank, Continental and Siemens test blockchain tech on money market

Commerzbank has teamed up with Continental and Siemens to carry out a EUR100,000 test commercial paper transaction using blockchain technology.

Commerzbank: Bank Payment Obligation can act as a gateway for further trade finance technologies

In the face of slow market adoption for the Bank Payment Obligation (BPO), which serves as a legally binding undertaking to execute payment for goods or services, Commerzbank has launched a new whitepaper, “Leading the path of digital evolution”, which explores how to boost BPO adoption among banks and – crucially – their corporate customers.

R3's Corda to the fore in Euro Debt issuance and Club Loan markets

R3's blockchain-inspired Corda platform is being put to the test in the Euro Debt Market and syndicated loan arena under separate field trials with a collective of international banks.

CommerzVentures joins $30m OpenLegacy funding round

OpenLegacy, the leader in microservices-based API integration for back-end applications, has closed a funding round of $30 million. The investment will further strengthen its premier market position of enabling established enterprises to go truly digital.

Commerzbank builds trade finance innovation lab

Commerzbank has set up an innovation lab in Dortmund to investigate the use of technologies such as DLT in trade finance.