Commerzbank

135 results about this entity

Period: 07 Feb 2005 - 02 Apr 2024

CommerzVentures invests in anti-fraud startup Fraugster

Fraugster, a Berlin-based software outfit using AI to help online retailers prevent fraud, has raised $14 million in a Series B funding round led by Commerzbank's VC arm.

Commerzbank applies machine learning to trade finance compliance

Commerzbank is to apply machine learning technology from Amsterdam-based Conpend to automate pre-compliance checks for traditionally paper-based trade finance transactions.

Commerzbank outsources all Sepa transactions to equensWorldline

Commerzbank is preparing for the arrival of instant payments across Europe by outsourcing all of its payments processing in the Single Euro Payments Area (Sepa) to equensWordline.

SMEs increasingly turning to bank cash management systems to handle finance and liquidity management

The third survey by Fachhochschule des Mittelstands (FHM), the SME University in Bielefeld, revealed that the demands placed on finance and liquidity management have increased, leading to the proliferation and professionalisation of cash management systems.

Commerzbank offloads equities and commodities desk and IT infrastructure to SocGen

Commerzbank has reached an agreement to sell its Equity Markets & Commodities (EMC) business to Societe Generale.

Commerzbank rolls out Google Pay

equensWorldline, a subsidiary of Worldline [Euronext: WLN], the European market leader in payment and transaction services, is supporting Commerzbank with technology based on its mobile payment platform for the launch of Google Pay, Google's mobile payment system, in Germany.

Spanish securities market aims for 'Fast Track Listing' with blockchain trials

The Spanish National Securities Market Commission (CNMV), BME and a group of financial institutions formed by Banco Santander, BBVA, BNP Paribas, CaixaBank, Commerzbank and Société Générale, have been collaborating over the past year on a project called Fast Track Listing (FTL), which is based on blockchain technology.

Commerzbank joins Enterprise Ethereum Alliance

Commerzbank has joined the Enterprise Ethereum Alliance (EEA).

Commerzbank taps IoT data to adjust loan repayments for capital equipment

Commerzbank has developed a prototype for a new 'pay-per-use' loan for capital equipment which taps into the Internet of Things to adjust repayment terms according to the actual usage of the machinery on which the loan was taken out.

Commerzbank FX transaction has big implications for blockchain in post-trade

The deployment of blockchain technology to streamline foreign exchange post-trade confirmation and matching has moved a step closer with the replication of an FX forward trade conducted by Commerzbank on behalf of thyssenkrupp across R3 Corda.

Commerzbank links SAP S/4Hana to R3 Corda

Commerzbank, supported by SAP, has successfully completed an end-to-end integration between SAP S/4HANA business processes and R3’s Corda blockchain platform.

Top tier banks pass first transactions on trade finance blockchain

Batavia, a blokchain-based trade finance platform developed by a consortium of international banks and IBM, has passed its first live pilot transactions with corporate clients.

Marco Polo sets sail for DLT pilot phase

Marco Polo, a blockchain-based platform for open-account trade finance created by TradeIX and R3 in collaboration with leading global banks, is to move into a live pilot phase following a successful six month proof of concept.

Payworks closes $14.5 million Series B financing round

Payment technology company, Payworks, announced today the successful completion of a $14.5M Series B Financing round.

Commerzbank and HSBC form securities settlement JV

Commerzbank is looking to make savings by transferring its securities settlement operations to a new joint venture with HSBC Transactions Services.

20+ banks and R3 plan DLT-based cross-border payment platform

Blockchain consortium R3 and 22 of its member banks have collaborated on the development of a cross-border payments platform built using distributed ledger technology (DLT).

UBS says 1,000 jobs Brexit exodus is "unlikely"

Swiss bank UBS has said that a migration of more than 1,000 jobs from London as a result of Brexit is "more and more unlikely" after receiving "regulatory and political clarifications".

Illuminate Financial and Commerzbank's Main Incubator pump EUR1 million into TransFicc

TransFicc, a UK-based startup founded by former LMAX executives to address fragmentation in fixed income markets, has secured €1 million in early stage investment from Illuminate Financial and Commerzbank fintech fund Main Incubator.

Four more banks join IBM/UBS blockchain trade finance platform

IBM is collaborating with five international banks on the creation of a global trade finance platform based on blockchain technology.

Commerzbank completes money market transaction over R3 Corda

Germany's Commerzbank has hailed the potential of blokchain technology for money market trades, having successfully replicated a EUR100,000 Euro Commercial Paper transaction with a limited number of trading partners.