The DK, as successor of the German Credit Committee, is a committee of all German banks for the preparation and monitoring of regulations regarding payments. This includes, among other things, the network operation for physical payments at the point of sale (POS). As the owner of this network operation, the DK is responsible for creating and monitoring the regulations. First and
Within the past weeks, there has been a significant rise in corona numbers. After a short period of normalization and rest, Germany is currently in its second Lockdown. How can businesses get past the second corona wave and ensure economic survival?
Wirecard – Looking ahead: Reconciliation & evaluation of merchant settlement accounts with acquirers
The consequences for the financial market have become very concrete and that just a few weeks after the Wirecard incident.
All finance and payment institutions will now have to devote themselves to the task of increasing the level of clearness in the fields of reconciliation and entries.