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Deutsche Bank introduces Bizum mobile payments for businesses in Spain

Deutsche Bank has launched Bizum, a popular mobile payment solution, for its corporate clients in Spain, becoming the first international bank to do so. This initiative allows both foreign multinationals and national businesses with a virtual POS service to accept Bizum payments, enhancing their payment options. With over 28.5 million users and 3.75 billion transactions, Bizum is recognized for its speed and convenience, making it particularly effective for eCommerce and recurring payments.

deutsche bank introduces bizum payment solution for businesses in spain

Deutsche Bank has launched Bizum, a popular mobile payment solution, for its corporate clients in Spain, becoming the first international bank to do so. This initiative allows both foreign multinationals and national businesses with a virtual POS service to accept Bizum payments, enhancing their e-commerce capabilities.With over 28.5 million users and approximately 3.75 billion transactions, Bizum is recognized for its speed and simplicity, enabling purchases in an average of 22 seconds. This expansion signifies Deutsche Bank's commitment to innovative payment solutions and support for evolving business models.

Florida woman pleads guilty in scheme to hide nearly 100 million offshore

Gilda Rosenberg, a Florida woman, was convicted for her involvement in a scheme to conceal over $90 million in offshore accounts across multiple countries, including Switzerland and Panama. She and her family failed to report these assets to the U.S. government and evaded taxes, resulting in an estimated loss of nearly $2 million in IRS revenue. Facing sentencing on May 30, Rosenberg could receive up to five years in federal prison, adding to her previous federal conviction for defrauding military services.

uber technologies faces price target cuts amid mixed analyst ratings

FDM Group shares decline as Deutsche Bank cuts price target to 275 GBp

FDM Group shares (LON: FDM) have seen a significant decline, dropping 24.59% in early 2025 and 47.88% over the past year. Deutsche Bank has cut its price target from 360 GBp to 275 GBp while maintaining a Hold rating, reflecting cautious optimism amid a challenging market. The stock, currently trading at 239.50p, has fallen over 80% since September 2021, as it seeks support in a fluctuating environment.

ex credit suisse client charged in us tax evasion case

Gilda Rosenberg, a former Credit Suisse client, has been charged with a tax-evasion conspiracy in the US for hiding $90 million in assets from the IRS between 2010 and 2017. This case raises questions about Credit Suisse's compliance with a 2014 plea deal, amid allegations of major violations in disclosing undeclared US accounts. Rosenberg, who previously pleaded guilty to wire fraud, is scheduled for sentencing on April 30.

sigma bank steps in as banque havilland liquidates remaining client assets

Banque Havilland's voluntary liquidation in Liechtenstein has seen its client assets shrink significantly, with only a quarter of the original 1.6 billion Swiss francs likely remaining. Sigma Bank has clarified that it is not an asset deal but a referral deal on a case-by-case basis, while the fate of the Monaco subsidiary remains uncertain amid regulatory silence.

nestlé partners with damm to produce and distribute nestea in spain

Nestlé has partnered with Damm to manufacture and distribute Nestea in Spain, Andorra, and Gibraltar starting in 2025. Damm will produce the full range of Nestea flavors at its Valencia factory, enhancing its product portfolio and supporting the brand's growth in the non-carbonated drinks segment. The first Nestea units will be available from January 1, 2025.

Boeing's Market Breakdown Highlights Strong Performance in Aviation and Defense

Boeing Company, the leading aircraft manufacturer globally, generates 43.5% of its sales from commercial aviation, 32% from defense, space, and security, and 24.5% from various services. Geographically, 58.4% of sales come from the United States, followed by Europe (13.5%) and Asia (12.9%).
10:42 07.11.2024

martin gilbert pursues acquisition of banque havilland's monaco subsidiary

Martin Gilbert, Chairman of Revolut and founder of Abrdn, is reportedly interested in acquiring Banque Havilland's Monaco subsidiary after Andbank withdrew from a potential purchase. A consortium of private individuals has agreed to take over, pending regulatory approval, while Revolut may be eyeing Havilland's banking license. Meanwhile, the Liechtenstein subsidiary is facing liquidation, with EFG International emerging as a likely buyer.
09:00 27.09.2024
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