Commerzbank

140 results about this entity

Period: 07 Feb 2005 - 03 Sep 2024

Commerzbank incubator leads $15m investment in B2B commerce platform Traxpay

B2B payments startup Traxpay has raised £15 million in a series B funding round led by the incubation unit of Germany's Commerzbank, and announced a four-year relationship with MasterCard as it bids to achieve global scale.

Orange and mBank team on Polish mobile bank

Telco Orange has joined forces with Commerzbank-owned mBank to build a mobile-based retail bank in Poland.

Swift signs major banks to KYC Registry

Interbank messaging network Swift has recruited a group of major banks to help develop its centralised KYC utility for the collection and distribution of standard information required by banks as part of their due diligence processes.

German banks take Step2 for Sepa transactions

Thomas Egner, Group Services - Banking Operations at Commerzbank discusses reliable clearing for Sepa transactions in the EU.

Commerzbank signs for Clear2Pay Open Payment Framework

Germany's Commerzbank has contracted with Clear2Pay for the deployment of the Belgium-based company's Open Payment Framework (OPF) as a central platform for end-to-end XML processing.

Major German banks to switch domestic payments to EBA's Step2 ACH

A core group of seven German banks are to use EBA Clearing's pan-European Automated Clearing House Step2 for processing Sepa-compliant domestic payments in euros.

Banks join forces to develop open standard for electronic OTC trading

A group of leading sell-side banks has set up a working group that will focus on the creation of an open industry standard protocol for client and trader enablement on electronic trading platforms.

Commerzbank and Capco bid to model IT complexity

Commerzbank has embarked on a project with consultancy Capco to develop an 'IT complexity model' that can be used by CIOs to measure and then master their organisation's technology.

EC launches antitrust probe into CDS market

The world's biggest investment banks are being investigated in two European Commission antitrust probes into the credit default swaps (CDS) market.

Commerzbank says Dresdner IT integration on schedule

Commerzbank says it is on course to complete the integration of its systems with Dresdner Bank in 2011 after overseeing the "largest rollout of software" in the bank's history in August.

Equens buys Commerzbank card unit montrada

Commerzbank has agreed to sell montrada, its German card acquiring and network service provider, to Equens. Financial terms of the deal were not disclosed.

Commerzbank hit with FSA fine for two-year transaction reporting failures

Germany's Commerzbank has been fined £595,000 by the UK's Financial Services Authority (FSA) for failing to provide accurate transaction reports used to fight insider trading.