Insurance | DORDA Rechtsanwälte – Clarity

Comprehensive regulations, a dynamic market environment and digitization mean high pressure to change for the insurance industry. The support of theoretically and practically proven experts in national and international insurance law is becoming more and more important. DORDA supports insurance companies, companies, brokers and supervisory boards in the design of complex and innovative insurance products […]

Giuseppe Mini new Head of Private Banking

Joseph Mini Giuseppe Mini holds a degree in banking and has over 30 years of management and leadership experience in the private customer business. Since 2013, as head of department, he has made a significant contribution to the success of private banking at Stadtsparkasse Düsseldorf. From 2008 to 2013, Mini managed nine branches in the […]

Data analytics for banks: reduce default risks in the consulting process

Open Banking meets Data Analytics Author: Aleksandar Jeremic is Managing Director of fino digital, a FinTech in the field of account and data analysis. Account transaction data reflects the entire life of the customer, so to speak, and is therefore an excellent source of information for advisors. In order to use this, existing data must […]

Foconis acquires GenoData

Coworkers Business Meeting Process Sunny Office.Closeup Teamwork Modern Concept.Two Young Bearded Guy Discussing Together Startup Idea.Businessmans Team Working Online Project Desktop.Blurred © kantver – Fotolia GenoData, founded in 1992 and headquartered in Landau in the Palatinate, is a medium-sized IT service company for cooperatives and the financial sector. The company maintains a modular product range […]

Quiet Quitting: Duty to Rule | DORDA Lawyers

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Youth careful in dealing with finances

Youth relies on themselves for #Klarnadebt education If you look at the videos on the subject of #Klarnadebts on TikTok, you will quickly see that the debts of each user amount to up to 60,000 euros. In order to counteract this trend, some users of the platform felt called upon to produce educational videos to […]

Possible cyberattacks via Tiktok: Governments wrestle with social media use

Video platform Tiktok Among other things, the app is not permitted on the official cell phones of the EU Commission and the Government of Canada. (Photo: AP) Berlin Western governments are struggling with how to deal appropriately with internet platforms from the USA and China. The federal government announced on Monday that it would not […]

Facebook probably has your cell phone number – here’s how to delete it

Meta The Facebook group also collects contact information from people who do not use any of the company’s products. (Foto: imago images/ZUMA Wire) San Francisco Meta encourages users of the services Facebook, Instagram and Messenger to share all contacts with the group, including phone numbers and email addresses. As a result, the social media provider also […]

Traditional lending models are no longer sustainable

The ugly truth for consumers and lenders The current study reveals two bitter truths about current credit scoring methods: First, some people who could actually afford a loan are excluded because of outdated and rigid credit scoring models. Second, the static and retrospective nature of previous credit checks means there is no robust way to […]

Pandemic brought digitization push, but numerous construction sites remain

Digitization deficits along the value chain impede efficiency © Ralphs_Photos @Pixabay Because there are no modular process lines, the complexity of the value-added processes increases. As a result, the amount of work and costs involved in process handling remain high. Only around half of the banks surveyed use modular process lines to optimize their loan […]