Commerzbank

140 results about this entity

Period: 07 Feb 2005 - 03 Sep 2024

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.

Commerzbank undertakes first live BPO transaction in Austria

Commerzbank has processed the first BPO transactions in Austria, covering the import of bus components from Germany and Italy.

Intesa Sanpaolo invests in SME lender iwoca

Intesa Sanpaolo has made an undisclosed investment in SME lending platform iwoca.

Commerzbank steps up focus on trade finance transformation

Commerzbank is to work with the Fraunhofer-Institute for Material Flow and Logistics (IML) in Dortmund to test and develop new scenarios for digitisation of trade and supply chain finance using distributed ledgers and the Internet of Things.

R3 and four banks test Euro Commercial Paper issuance on Corda DLT platform

Enterprise software firm R3 and four of its member banks have built a prototype solution for issuance of Euro Commercial Paper (ECP) on R3’s Corda distributed ledger technology (DLT) platform.

Commerzbank creates corporate transformation programme

Commerzbank has created a networked platform bringing together SMEs, innovation partners and startups to help its corporate clients prepare for a digital future.

German banks prep sale of Concardis payments JV - Reuters

A group of German banks are looking to sell their Concardis payments unit in a deal that could be worth up to EUR500 million, according to Reuters.

Commerzbank joins iwoca funding round

Commerzbank has stepped up its interest in UK-based SME lending platform iwoca, joining a £21 million round of Series C funding.

Commerzbank plans job cuts and digitalisation to boost profits

Commerzbank is the latest lender turning to mass job cuts and digitalisation in a bid to boost profitability.

Commerzbank partners Wirecard to offer financing to e-commerce merchants

The Wirecard Group, a leading supplier of electronic payment and risk management solutions, has entered into a partnership with Commerzbank AG. Wirecard enlarges the portfolio of Commerzbank with easy to integrate online payment solutions for e-commerce, as well as risk management.

Commerzbank processes first live BPO between Germany and China

Commerzbank has processed its first transaction settled by a Bank Payment Obligation (BPO) between Germany and China, covering the export of chemicals from China to Germany.

Commerzbank selects AxiomSL reporting platform

AxiomSL, the leading provider of regulatory reporting and risk management solutions, was selected by Commerzbank, Germany’s second largest bank, to deliver the SEC 15c3-1 as well as other regulatory mandates such as the Financial and Operational Combined Uniform Single (FOCUS), Treasury International Capital (TIC), Off Balance Sheet reporting (OBS) and additional US Broker Dealer-based reports.