PayTechTalk 27: Grow out of its niche! “Sustainable Finance” with Tomorrow
We buy organic vegetables, use green energy, are considering purchasing an electric car and always take our cloth…
PayTechTalk 26 – PayPal and Simple Language
Simple Language is important. Many people need Simple Language in order to understand everything. Only if you understand…
On a Secret Mission: Payment Agents and E-money Agents in German Regulatory Law
As is often the case with people like James Bond, agents in payments law are difficult to come…
Virtual currencies deciphered (2) – Identity crisis: VC versus e-money
In my last blog post “Virtual currencies deciphered (1): the new legal definition and AMLD5” I discussed the…
Update re intra-group exemption
The German regulator BaFin lately issued a very narrow interpretation of the BaFin intra-group exemption. However, if group…
Is nobody expecting the Spanish Inquisition? The scope of the right to information under Art. 15 GDPR
Art. 15 GDPR (EU General Data Protection Regulation) stipulates in detail which rights of information a data subject can…
Cloud computing – outsourcing into a “cloud”
Cloud computing is playing an increasingly important role as digitalisation progresses, including in the financial sector. When using…
The secret to keeping secrets secret: The German Trade Secrets Act
He that would keep a secret must keep it secret that he hath a secret to keep (Francis…
PayTechTalk 25 – Dave G. Birch and Frank Müller about Open Banking and Digital Identity
Open Banking & Identity: In the 25th-anniversary episode of PayTechTalk, I had the great honor to talk to…
5th Anti-Money Laundering Directive – a summary of the main points
On 19 June 2018 the 5th Anti-Money Laundering Directive was published in the Official Journal of the EU…
The draft JStG 2018 and electronic marketplaces: the end of VAT losses in Germany?
A few days ago – on 21 June – the German Federal Ministry of Finance (BMF) published a…
Virtual currencies deciphered (1) – the new legal definition and AMLD5
It is not only the Prussians who are quick to shoot, but the European Commission, too. To put…
PayTechTalk 24 with AUTHADA – Smart Identification and Authentication Solutions with the eID
The identification of customers according to money laundering law is as much a part of the financial industry…
AML5 update: 5th Anti Money Laundering Directive adopted
5th Anti Money Laundering Directive (AML5) tightens requirements for anonymous e-money and makes cryptocurrency platforms and wallet providers…