Postbank has launched a text banking service, enabling customers obtain personal financial information through instant short message service (SMS) requests. Managing Director Nyambura Koigi said the ...

The state-owned Postbank had a deeply compromised technology environment, leaving the institution highly vulnerable to external cyberattacks and internal fraud.

Postbank has not applied for a full banking licence, but says it is legally allowed to issue cards under the National Payment System Act. The Black Card rollout was abruptly suspended in April ...

The Government will amend the law to allow Kenya Post Office Savings Bank (Postbank) trade in foreign currency. The move is seen as a deliberate effort by the Government to institute reforms at one of ...

A lawyer representing plaintiffs in a long-running case against Deutsche Bank on Friday slammed a proposed settlement from the German lender as a "late low ball" and said the offer was "doomed." ...

FRANKFURT, Aug 16 (Reuters) - Deutsche Bank (DBKGn.DE), opens new tab has proposed a settlement to shareholders who sued Germany's largest bank for underpaying them for the acquisition of Postbank but ...

Cologne's higher regional court on Wednesday ruled against Deutsche Bank in a long-standing legal dispute with shareholders who alleged the lender underpaid in its multi-stage acquisition of German ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Postbank was acquired by Deutsche Bank in 2008 and has been ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Reuters reports that the lawyer on the case, Jan Bayer, ...