Deutsche Bank Partners with FinLync to Provide Instant Access to Real-time Treasury for Corporates
Deutsche Bank today 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 offerings rapidly and easily. FinLync’s technology directly embeds up-to-the-moment bank data into […]
Coordinated Lines of Defence Key to Combatting Payment Fraud, Says New Deutsche Bank Paper
Deutsche Bank’s latest paper explores the importance of close collaboration between corporates, banks and technology providers to build a collaborative and robust defence against payment fraud. Today, Deutsche Bank launches its latest whitepaper – “A corporate’s guide to payment fraud prevention” – which highlights the increasing need for corporates, banks and technology providers to work […]
Deutsche Bank Delivers Intelligence & Automation for Merck India’s Cross- Border Cash Flows
Deutsche Bank has delivered a first-of-its-kind treasury workflow solution for Merck India, integrating cross-border payment flows along with regulatory validations, FX execution & risk management as well as liquidity management including automated reconciliation into a single, streamlined process to support Merck’s cross-border business. The new workflow generates savings of low single digit million EUR a […]
Deutsche Bank Launches Sustainability-Linked Overdrafts to Help Corporate Clients Meet their ESG Goals
Deutsche Bank announces the launch of sustainability-linked overdrafts to help meet a growing demand for innovative ESG products in the cash management space. The new solution is designed to encourage businesses to improve their ESG performance by providing a pricing incentive related to an ESG KPI. For the pilot stage, this KPI will be the […]
Deutsche Bank’s e-FX Trading Hub in Singapore goes Live
Deutsche Bank today 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 developed in partnership with the Monetary Authority of Singapore (MAS), enables Deutsche Bank’s clients to execute FX transactions more closely aligned to geographic location, helping make […]
Export-Import Bank of Korea Signs $30m Credit Facility with Deutsche Bank
The Export-Import Bank of Korea (KEXIM) and Deutsche Bank announced today a USD 30m revolving credit facility supporting the competitiveness of the Korean export apparel industry. As a part of this facility, KEXIM will acquire the export receivables of Korean apparel exporters generated from the supply of clothing to Gap Inc. (NYSE: GPS) from Deutsche […]
Deutsche Bank Partners with Oracle to Accelerate Technology Modernisation
Frankfurt and Austin – Oracle and Deutsche Bank today announced a multi-year collaboration to modernise its database technology and accelerate the bank’s digital transformation. The agreement will see Deutsche Bank upgrade its existing database systems and migrate the bulk of its Oracle Database estate to Oracle Exadata Cloud@Customer, an on-premises deployment option of the Oracle Exadata Cloud […]
Deutsche Bank Cooperates with Silverflow
Frankfurt & Amsterdam – Deutsche Bank and Silverflow have announced a cooperation to support the bank’s payments strategy. The partnership will include two new payment services, which are expected to launch in Autumn 2021. Kilian Thalhammer, Head of Merchant Solutions at Deutsche Bank’s Corporate Bank, said, “Deutsche Bank is creating a new digital payment ecosystem, […]
Deutsche Bank Provides Sustainable Trade Finance Facility to Vestas for the Supply and Installation of Wind Turbines used in two Australian Wind Farms
Deutsche Bank today announced that it will provide an ECA-backed AUD313.97 million account receivables purchase facility, with a two-year tenor, to Vestas for two wind farms owned by Australian subsidiaries of Global Power Generation SA. The facility will be used for purchasing receivables on a limited recourse basis, arising out of the supply and installation […]
Deutsche Bank Launches Green Deposits for its Corporate Clients
Deutsche Bank announces the launch of a green deposits programme – a new cash management solution for corporate clients in the form of term deposits for under 12 months where cash finances an equivalent amount of Deutsche Bank’s green asset pool. Corporates need to fulfil certain eligibility criteria such as minimum deposit amount and certain […]
Deutsche Bank and TIS join Forces to Develop and Offer Multi-Bank Services
Deutsche Bank and Treasury Intelligence Solutions (TIS) announced that they are entering a strategic partnership to develop and distribute multi-bank services for Treasury & Finance. The focus of the cooperation is on new and innovative products & services combining the complementary capabilities and skills of an experienced payment platform provider with the expertise of a […]
Deutsche Bank Executes World’s First Green Hedge with Continuum
Deutsche Bank and Continuum Energy Levanter Pte Ltd, a subsidiary of Continuum Green Energy, today announced they have executed the world’s first green hedging transaction with a second party opinion based on a specially designed green hedge framework. Deutsche Bank and Continuum worked together to develop a green hedge framework to support the implementation of […]
Deutsche Bank Launches Innovative One-Stop Workflow Automation Solution for Treasurers in APAC Emerging Markets
Deutsche Bank today announced the launch of GEM Connect, a component-based solution designed to address workflow challenges across collections, payments, funding and FX in APAC markets with capital restrictions. Developed by the bank’s Corporate Bank and Fixed Income & Currencies business units in APAC, GEM Connect links treasury processes together into automated workflows, simplifying complex […]