Tagged: deutsche bank

Deutsche Bank and FinLync to Offer Instant Access to Real-Time Treasury for Corporates

Deutsche Bank (ETR: DBK) recently announced its partnership with FinLync, a global fintech company offering products that are “transforming corporate finance and treasury offices.” FinLync’s pre-built API integrations and SAP-embedded treasury applications will “enable corporate treasury and finance teams to connect to Deutsche Bank’s API… Read More

UK’s MarketFinance Secures Debt Financing from Deutsche Bank to Support £100M of Lending to SMEs

MarketFinance, the Fintech credit and payments firm, recently announced a debt raise from Deutsche Bank which the company will use to part “fund up to £100m of lending to support strong, well-managed SME businesses with their investment and working capital needs.” The announcement comes at… Read More

Digital FX Hub Created by Deutsche Bank and Monetary Authority of Singapore Completes First Set of Transactions

Deutsche Bank (ETR: DBK) announced that it has completed “its first set of live trades on its electronic foreign exchange (e-FX) hub, based in SG1.” The e-FX hub, which was created with assistance from the Monetary Authority of Singapore (MAS), allows Deutsche Bank’s customers to… Read More

European IPO Activity Surging During Pandemic

European IPO activity has surged during the pandemic, data from BuyShares.co.uk shows.  In 2020 investors saw many IPOs along with outsized average returns, with total IPO deal value up 64 per cent to more than $300 billion, according to the Wall Street Journal and Dealogic…. Read More

Artificial Intelligence: Deutsche Bank Releases Paper on Potential of AI in Securities Services

The wishes of investors looking to not having to deal with settlement failure penalties and cookie-cutter services from custodian banks will be fulfilled by AI-powered solutions, according to a new paper from Deutsche Bank (ETR: DBK), titled “Unleashing the potential of AI in securities services.”… Read More

Bank Branches in Germany Closing at Record Pace

Bank branches are closing at a record pace according to Deutsche Bundesbank. Perhaps boosted by COVID-19, the emergence of Fintech and the fact that no one under a certain age wants to visit a physical bank branch is obviously driving closures of these once ubiquitous… Read More

Facebook with 2.8B Users and its Diem Initiative May Compete with Online Payment Platforms, but Bitcoin with $1T Market Cap Can’t be Ignored: Report

Researchers at Deutsche Bank (XETRA: DBKGn.DB /NYSE: DB) have published an update, titled The Future of Payments in which they look into whether Bitcoin (BTC) may offer any value to the financial system. The bank’s research team points out that Bitcoin or BTC’s market capitalization… Read More

Deutsche Bank Partners With Southeast Asia’s 2C2P to Launch Payments Platform in Thailand

  Deutsche Bank (XETRA: DBKGn.DB /NYSE: DB) announced on Thursday it has joined forces with Southeast Asia’s 2C2P to launch a digital payments platform in Thailand. The banking group reported that through 2C2P’s platform,  corporate clients in Thailand will be able to maximize their business… Read More

Deutsche Bank Securities Services and STACS to Work on ESG Fintech, Structured Products, and Projects Involving Digital Assets

Deutsche Bank Securities Services and Hashstacs Pte Ltd (STACS) are reportedly working on a proof-of-concept (PoC) that will involve exploring the technological and practical feasibility of digital assets. The PoC will take into consideration factors like the level of interoperability, liquidity, cross-border connectivity, and various… Read More

Deutsche Bank Announces Cloud & Innovation Partnership With Google Cloud

  Deutsche Bank (XETRA: DBKGn.DB /NYSE: DB) and Google Cloud announced on Friday they have finalized a strategic, multi-year partnership to accelerate the bank’s transition to the cloud and co-innovate new products and services. The duo claims this is the first partnership of this kind for… Read More

Deutsche Bank Says the EU is Far Behind on Digital Innovation, Predicts CBDCs Will Replace Cash

Deutsche Bank’s research division is out with an edition of Konzept that tackles contemporary political and economic issues while looking towards the future. One area of focus is digital innovation and how it impacts the European Union’s ability to compete – globally. According to Deutsche… Read More

Deutsche Bank Announces Winner of the 2020 Female FinTech Competition

Deutsche Bank announced on Friday it has named Nuggets as the winner of the 2020 Female FinTech Competition. Deutsche Bank noted that it ran the competition alongside Atos, Google Cloud, and TechQuartier. The competition invited fintech companies with a female founder or female(s) in the… Read More

Insolvency Proceedings for Wirecard Kick Off in Munich, Report Claims Fintech Considered Acquiring Deutsche Bank

The district court of Munich has opened the insolvency proceedings regarding the assets of Wirecard (WDI:DE), which were applied for on June 25, 2020, according to a note from the company. The current preliminary insolvency administrator Dr. jur. Michael Jaffé from the law firm JAFFÉ Rechtsanwälte… Read More

Fintech Firm Traxpay, which Offers Dynamic Discounting and Reverse Factoring Solutions, to Receive Investment from Deutsche Bank

Frankfurt-based Deutsche Bank AG, a multinational investment bank and financial services company that’s dual-listed on the New York Stock Exchange (NYSE: DB) and Frankfurt Stock Exchange (FWB: DBK) with around €1.3 trillion in assets, will reportedly be investing in Germany-based Fintech firm Traxpay. According to… Read More

Deutsche Bank Now Enabling Airwallex to Provide Virtual Account Collections & API-Enabled Foreign Exchange Services in Japan & Hong Kong

Deutsche Bank announced on Monday it will enable global fintech Airwallex to provide virtual account collections and API-enabled foreign exchange services in Japan and Hong Kong. According to Deutsche Bank, the solution will further allow Airwallex to seamlessly process and convert cross-border payments made to… Read More

norisbank, Part of Deutsche Bank Group, Incorporates Deposit Solutions to Offer Consumers Savings Options

norisbank, part of Deutsche Bank Group, has launched a deposit marketplace offering “selected third-party banks” savings options via Deposit Solutions. The Fintech states that after a successful launch of “norisbank ZinsMarkt,” the new service will be expanded into an online marketplace with fixed-term deposit products… Read More

Two-thirds of UK Financial Services Workers want Employers to Do More to Help them Adjust to Working Remotely from Home: Survey

As major financial institutions explore different strategies to cope with the COVID-19 crisis, a survey of UK financial services employees reveals that 66% think their company must do more to help them work productively from their homes. Large banks are currently trying to adapt to… Read More

Digital Transformation: Deutsche Bank Is Accepting Bids from Amazon, Google, Microsoft to Help Upgrade its Legacy IT Systems

Deutsche Bank (NYSE:DB), a global investment bank and financial services company based in Frankfurt, Germany and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange (with  €1.34 trillion assets), is reportedly inviting project bids from Amazon, Google and Microsoft in order to upgrade its… Read More

dBonds Tokenizes “Deutsche Bank Bonds” on EOS Network, No Indication the Project is Endorsed

NOTE TO READERS: In the days following publication of this article, Oleg Bakatanov, CEO of Depos Technologies OU, “a company developing dBonds protocol and Depos (DUSD) stablecoin,” responded to our inquiry and stated that his company is, “not a part of Deutsche Bank team…doesn’t cooperate with… Read More

Deutsche Bank Establishes Central Tech Division for Security, Data, and Innovation Projects

Frankfurt-based Deutsche Bank has established a central technology division that will manage the multinational investment bank’s technology security, data and innovation projects. The financial services company’s new unit will be headed by Bernd Leukert, an experienced SAP executive who joined the institution earlier this year… Read More

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