Commerzbank

140 results about this entity

Period: 07 Feb 2005 - 03 Sep 2024

/wholesale

Commerzbank makes blockchain-based trade finance transactions

Commerzbank has completed a blockchain-based Letter of Credit transaction for a client on the Contour digital trade finance platform.

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Commerzbank and T-Systems to deliver automated supply-chain financial services

T-Systems and Commerzbank have signed a cooperation agreement for collaboration in the industrial sector.

/payments

Commerzbank sues EY over €200 million Wirecard loss

Commerzbank is suing EY for the recovery of €200 million in losses from the collapse of disgraced German payments firm Wirecard.

/payments

Commerzbank hands over card processing to Nexi

Commerzbank has chosen Nets, part of the European PayTech Nexi Group, to develop a streamlined and scalable solution for processing credit, debit, and prepaid card which will be managed by Nets going forward.

/payments

Commerzbank and Deutsche Telekom co-operate to digitise supply chains

Deutsche Telekom and Commerzbank are cooperating in the industrial sector.

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Caceis recruits Taurus for digital custody offering

France-based Caceis is the latest asset servicing firm to announce plans to develop its custody service for digital assets.

/sustainable

Commerzbank refocuses innovation unit on sustainability

Commerzbank is rebranding its innovation unit and early-stage investor as part of a sharper focus on sustainability and green tech firms.

/crypto

Commerzbank applies for crypto custody licence

Germany's Commerzbank is seeking to enter the crypto-assets market after a spokesperson revealed the bank has applied for a local crypto licence.

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Big Data, DLT, IoT and AI set to transform trade supply chains - Commerzbank

Commerzbank claims that international trade and supply chains have reached a technological inflection point, with emerging technologies in Big data, blockchain, Internet of Things and artifical intelligence set to overturn long-established practices.

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Commerzbank implements Tradeteq Connect

Tradeteq, the leading technology provider for bank asset distribution, together with Commerzbank AG (Commerzbank), AKA Ausfuhrkredit-Gesellschaft mbH (AKA), and Texel Finance Limited (the Texel Group) have announced that following a successful proof of concept phase, Tradeteq Connect, an expansion of the firm’s existing platform to support distributing bank risk resulting from trade products such as letters of credit (LCs) and guarantees, has been implemented by Commerzbank AG, AKA, and the Texel Group and shall become the new technology standard for trade asset distribution.

/markets

Commerzbank faces €200m hit after ditching HSBC outsourcing deal

Commerzbank will write off €200 million in the second quarter after deciding to abandon plans to outsource securities settlement to HSBC, citing "technical implementation risks".

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Commerzbank executes live transactions on Marco Polo trade finance network

Commerzbank joined with İşbank and LBBW to become one of the first banks to execute commercial transactions with German and Turkish corporate clients via the Marco Polo trade finance network in a live environment.