Commerzbank - News, Articles & Research

Commerzbank and Global Payments form payments joint venture for SMEs

Global Payments and Commerzbank are to launch a joint venture company catering to the digital payment needs of small and medium sized enterprise in germany.

12 January 2024

News/devops

BlackRock rolls out GenAI to staff and clients

Global investment manager BlackRock has announced the rollout of generative AI tools as soon as January in a bid to embrace the nascent technology.

08 December 2023

News/retail

Commerzbank builds GenAI-powered virtual assistant

Commerzbank is working with Microsoft to use generative AI and avatar technology for a new virtual assistant in its mobile app.

28 November 2023

News/crypto

Commerzbank granted crypto custody licence

Commerzbank has become the first full-service commercial bank in Germany to be awarded a crypto custody licence.

15 November 2023

News/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.

27 July 2023

Company announcement/wholesale

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.

13 February 2023

News/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.

26 January 2023

Company announcement/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.

30 November 2022

Company announcement/payments