The financial services sector has become increasingly wedded to technology. German startup N26 has made big inroads in mobile banking and is now one of the most valuable fintechs in Europe.
German Finance Minister Olaf Scholz has been mulling an economic stimulus package, should Europe's largest economy slide into a full-blown recession. It would mark a departure from a policy of balanced annual budgets.
The future is being invented in California, not in Germany. An entrepreneur and a VC who work in both places say the reasons for this are deep-rooted and will be very difficult to overcome — but things are improving.
The European Central Bank's supervision of large banks and structural funds for failing institutions is meant to protect the eurozone from future financial crises. Germany's top court has now given its blessing.
At this week's MoneyConf in Dublin, hundreds of fintech CEOs outlined their vision of just how quickly they believe the world of financial services is changing. DW's Arthur Sullivan spoke to N26 chief Valentin Stalf.
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