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Germany’s Deutsche Bank Offers A Lifeline To Wirecard Bank

PYMNTS

Deutsche Bank, the Frankfurt-based multinational financial services company, is in talks with regulators to rescue Wirecard Bank, the deposit-taking division of the German payment company that is facing one of the country’s biggest accounting frauds, the Financial Times reported.

Houston 278
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Solve This Problem with Your Strategic Horizon

South State Correspondent

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. Few companies were more innovative.

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PingPong To Enter Europe Via $113M Investment

PYMNTS

Because of its reputation as a stable political and economic area, as well as a regulatory environment that’s favorable to outsiders, many foreign companies have chosen Luxembourg as an entry point into Europe. According to a report , the Chinese startup PingPong, a FinTech company, will invest €100 million ($113 million) in Luxembourg.

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Turkey’s PayCore Snags New Majority Investor Amid Digital Payments Boom

PYMNTS

The closing of the deal is subject to regulatory approval, the companies noted, with no timeline given. Launched in 2001, PayCore notes that more than a million POS terminals in Turkey operate with software developed and provided by the company. im Hizmetleri A.?.,

Payments 141
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Magaya Lands Funding For Supply Chain Software

PYMNTS

The company’s investments are focused mainly on the technology, healthcare and services businesses. In addition to their technology, the breadth of Magaya’s reach was particularly impressive, currently extended to over 1,600 customers of all sizes operating global shipping routes across more than 75 countries. “In

Software 100
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Banco BASE Taps Volante For Payments; Azimo Receives Dutch Central Bank License

PYMNTS

Coverage includes Mexico ‘s Banco BASE selecting Volante Technologies Inc. Azimo says it has received a license from the Dutch Central Bank to operate in the Netherlands, Cubic Transportation Systems has notched a contract for a mobile ticketing system in Ireland , and Bear Market Coffee in Ireland has gone cashless.

Payments 100
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"Thereâ??s a large set of MiFID II requirements coming to the community, so itâ??s important to understand the FIX standards": Hanno Klein, EMEA Chair, Global Technical Committee, FIX Trading Community, Senior Vice President, Deutsche Börse

Bobsguide

Hanno Klein is Senior Vice President at Deutsche Börse Group which also provides the technology for Eurex, its main derivatives exchange. He joined the company in 1997 and worked in various positions and projects of strategic and operational nature in Germany and the USA. From 2001 to 2005, he.