Deutsche Bank wins Global Bank of the Year for Innovation, driven by its flagship in-house banking as a service offering
Throughout 2021, despite the global challenges caused by the ongoing pandemic, Deutsche Bank delivered several cash management innovations. For example, in partnership with Treasury Intelligence Solutions (TIS), the bank has developed a new payment fraud prevention solution. This joint initiative aims to improve the detection of potential fraud before a payment instruction even leaves a corporate treasurer’s system.
Global Bank of the Year for Innovation
The past year has also seen an accelerated roll-out of instant payments by the bank and its FX4Cash capabilities were also expanded. In addition, Deutsche Bank re-entered the Merchant Solutions market, establishing new value-added offerings for corporates such as split payments for marketplaces, which permit funds to be credited to different sellers within one transaction.
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