Payment by SEPA basic direct debit | FinTech online course #8
15The SEPA Core Direct Debit is a popular payment method. In contrast to a credit transfer, the creditor…
Payment cards | FinTech online course #9
In terms of the number of transactions, payment cards are by far the most widely used non-cash payment…
The strong customer authentication | FinTech online course #10
Strong Costumer Authentication (SCA) is a special form of authentication which is regulated in §§ 1 para. 24.…
Essential civil law requirements for payment services | FinTech online course #11
In addition to regulatory requirements, payment service providers shall also comply with civil law requirements, which can be…
PayTechTalk 58 – Deposit business | FinTech online course #12
Payment institutions and e-money institutions collect funds from their customers and hold these funds – sometimes for longer…
Factoring and guarantee business in contrast to payment services | FinTech online course #13
When a company wants to develop new financial or payment products, the question always arises as to whether…
What is a financial instrument? | FinTech online course #14
Today we want to take a closer look at the legal concept of a financial instrument and its…
Financial services relating to the distribution of financial instruments | FinTech online course #15
Today, we want to look at several financial services that may be eligible in connection with the distribution…
Crypto custody business | FinTech online course #16
The crypto custody business is a novelty and a German singularity. In the course of the implementation of…
Authorisation procedure in accordance with the ZAG | FinTech online course #17
6In case you wish to carry out an e-money-business or to provide banking, payment, or financial services, you…
Requirements for maintaining a BaFin Licence | FinTech online course #18
In our yesterday’s blog post, we dealt with the question how to obtain a BaFin licence for payment…
Outsourcing | FinTech online course #19
The term outsourcing appears in several laws, e.g. in section 26 ZAG, section 25b KWG and section 17…
What are the obligations under German AML law? | FinTech online course #20
Before answering this question, we must first clarify who has to comply with the German AML law. Legally…
KYC and KYB – identification pursuant to Anti-Money Laundering Act | FinTech online course #21
As we have already learned in the last article, the identification of the customer is only one of…