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Discover all the Company news on Deutsche Bank and other articles related to Deutsche Bank in The Paypers News, Reports, and insights on the payments and fintech industry:

Discover all the Company news on Deutsche Bank and other articles related to Deutsche Bank in The Paypers News,

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Realising a market-led Open Finance ecosystem in Europe

Voice of the Industry | Online & Mobile Banking | 06 Mar 2024

As preparations for several pan-European payment schemes ramp up, Tino Meissner, Product Manager for Request to Pay, Deutsche Bank assesses the opportunities they offer and how the remaining challenges can be overcome to deliver an Open Finance ecosystem for the future. 

Open Banking, Open Finance, SEPA API Access Scheme, SEPA Payment Account Access Scheme, online payments

Deutsche Bank to cut 3,500 jobs

News | Online & Mobile Banking | 02 Feb 2024

Germany-based financial institution Deutsche Bank has announced its decision to cut 3,500 jobs as part of its overall strategy to optimise efficiency and save costs.

banking, online banking, mobile banking, digital banking, financial services, financial institutions

DWS, Galaxy, and Flow Traders team up to issue Euro stablecoin

News | Cryptocurrencies | 14 Dec 2023

Deutsche Bank’s asset management arm, DWS, has announced a new venture with Galaxy Digital and Flow Traders to issue a euro-denominated stablecoin jointly. 

stablecoin, cryptocurrency, crypto asset, partnership, digital assets, regulation

Deutsche Bank to strengthen Shariah custody in Southeast Asia

News | Payments General | 11 Dec 2023

Deutsche Bank has partnered with CIMB, a Malaysia-based bank, to provide Shariah custody, the servicing of funds that are compliant with Shariah law, to clients in Malaysia. 

partnership, product launch, Islamic banking, banking, digital banking

Swift enables global eBL interoperability in trade finance

News | Online & Mobile Banking | 11 Dec 2023

Swift has tested an interoperability solution with BNY Mellon, Deutsche Bank, and four eBL platforms to promote the adoption of electronic documents for digitising trade.

digitalisation, banks, trade finance, regulation, cross-border logistics, API

Insurance startup Wefox raises USD 55 mln debt facility

News | Online & Mobile Banking | 06 Nov 2023

Germany-based insuretech Wefox has been backed by UniCredit and Deutsche Bank with USD 55 million in funding.

insurance, debt facility, artificial intelligence, POS

Deutsche Bank closes Postbank branches

News | Online & Mobile Banking | 31 Oct 2023

Germany-based financial institution Deutsche Bank has announced the closing of multiple Postbank branches, in order to improve digital services after its mismanaged IT migration.

mobile banking, online banking, digital banking, financial services, financial institutions

Standard Chartered and Deutsche Bank pilot SWIFT alternative

News | Cryptocurrencies | 30 Oct 2023

Deutsche Bank and Standard Chartered have collaborated to test a system that will allow blockchain-based transactions, stablecoins, and CBDCs to talk to one another. 

blockchain, CBDC, cryptocurrency, SWIFT, partnership

Deutsche Bank finalises Numis acquisition

News | Online & Mobile Banking | 13 Oct 2023

Deutsche Bank has announced that it has completed the acquisition of Numis in a bid to solidify its engagement with corporates across the UK.

acquisition, banking, financial services, banks

BaFin appoints monitor at Deutsche Bank

News | Digital Identity, Security & Online Fraud | 02 Oct 2023

Germany’s regulator BaFin has appointed a special monitor at Deutsche Bank to oversee its strategy for handling customer service problems at its Postbank unit.

compliance, mobile banking, AML, regulation, financial services, financial institutions, customer experience

Deutsche Bank partners with Taurus

News | Cryptocurrencies | 15 Sep 2023

Deutsche Bank has integrated technology from Taurus to globally establish digital asset custody and tokenization services.

digital assets, tokenization, DLT, NFT, partnership

Regulators to probe Deutsche Bank over Postbank unit concerns

News | Digital Identity, Security & Online Fraud | 05 Sep 2023

Deutsche Bank has reportedly faced customer issues at a Postbank unit, prompting the German watchdog BaFin to consider investigating the problem further.

compliance, regulation, BaFin, online banking, mobile banking

Citigroup acquires Deutsche Bank's Mexico license

News | Online & Mobile Banking | 25 Jul 2023

US-based Citigroup has completed its acquisition of the Deutsche Bank AH’s Mexican bank license to set up a separate institutional bank in the region.

acquisition, banking, online banking, digital banking, mobile banking, banking license

Deutsche Bank receives USD 186 million fine from the Federal Reserve

News | Online & Mobile Banking | 20 Jul 2023

Deutsche Bank has received a USD 186 million fine from the US Federal Reserve for failing to address its money-laundering control issues.

financial services, compliance, banks, money laundering, AML

Deutsche Bank secures USD 100 million in capital allocation

News | Online & Mobile Banking | 01 Jun 2023

Vietnam-based Deutsche Bank has announced the raise of USD 100 million in capital allocation increase for its Ho Chi Minh City branch, for its development process. 

funding, investment, mobile banking, online banking, banking, digital banking

Deutsche Bank partners with Moss

News | Online & Mobile Banking | 04 May 2023

Deutsche Bank has partnered with Moss in order to provide instant transfers, new products, and German IBANs for all customers in Europe.

partnership, product upgrade, EMI licence, transactions , payment processing, IBAN

Deutsche Bank to acquire Numis for GBP 410 mln

News | Payments General | 03 May 2023

Deutsche Bank has reached an agreement on the terms of a recommended all-cash offer for the acquisition of Numis Corporation.

banks, acquisition, transactions , regulation, expansion

Deutsche Bank shuts down remaining IT operations in Russia

News | Online & Mobile Banking | 13 Apr 2023

German lender Deutsche Bank has announced it is closing down its remaining software technology centres in Moscow and St Petersburg.

mobile banking, Russia Ukraine War, financial sanctions, online banking

Deutsche Bank acquires DataMesh stake

News | Online & Mobile Banking | 22 Feb 2023

Deutsche Bank has acquired a stake in DataMesh to accelerate the buildup and service offering of the bank’s merchant solutions across the Asia Pacific.

banks, investment, acquisition, merchant, transactions

Deutsche Bank and Memento Blockchain complete Project DAMA

News | Online & Mobile Banking | 21 Feb 2023

Deutsche Bank and Singapore-based Memento Blockchain have announced the completion of the Project DAMA proof of concept.

banks, partnership, blockchain, wealth management, digital assets