Commerzbank

144 results about this entity

Period: 07 Feb 2005 - 03 Jun 2025

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.

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.