The Apple Card has caused heavy losses for the US investment bank Goldman Sachs. Due to massive hassle for dealers and their customers. In the first nine months of 2022, the Platform Solutions division had posted a pre-tax loss of around $1.2 billion (1.1 billion...
The girocard - the most widely used card payment method in Germany - has been a regular feature of media coverage in recent weeks and months. In the process, there has often been erroneous talk that it should be abolished or discontinued. In fact, it...
WeChat operator Tencent wants to use palm scanners for payments. This raises questions. A bottle of soda for just one cent? Sounds like a good deal. The catch: you can only pay by having your palm scanned and sharing that biometric data with a Chinese...
The new real-time transfer is called Instant Transfer and aims to get your money as quickly as possible. To get to the feature on the PayPal website, users need to log into the PayPal account and then click on the "Transfer Money" box. In this...
2018 is coming back. The Google Wallet is back. Instead of focusing on ePayment, Google wants to expand the scope of its own pay app again. The company announced this on Wednesday at the start of its Google I/O 2022 developer conference. In addition to...
In a statement published the day before yesterday, the Swedish payment provider Klarna, which is viewed critically by customers, merchants, financial regulators and consumer advocates because of its business model, admitted that it had been charging "unnecessary fees" in the German market for years, among...
The world market leader in online retail from Seattle surprisingly announced that it intends to close all of its own physical bookstores, four-star shops and pop-up shops. 66 stores that Amazon has experimented with worldwide in recent years are affected. According to Amazon, it wants...
Hiding and "laundering through circulation" of dubious money via collective trust accounts is becoming more difficult for those involved. So far, even people who are on international sanctions lists can indirectly control their money there in Germany, including back abroad. The sums of money are,...
The structure and mode of operation of blockchain technology largely corresponds to the association of merchants that existed from the middle of the 12th to the 17th century. The Hanseatic League was also organized on a decentralized basis, had no political constitution, no membership lists,...
The new EU General Data Protection Regulation (EU GDPR) will apply from May 25, 2018. This basically affects all companies and consumers. In the past few months, creditPass GmbH has taken measures to enable you as a customer and for us internally to process these requirements...