Deutsche Bank’ Global Transaction Banking (GTB) division has embedded SWIFT’s Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks required for KYC compliance, into its KYC procedures.
The time is ripe for established banks to transform themselves into digital platform-based ecosystems, says Deutsche Bank.
Deutsche Bank is to open three innovation labs in Berlin, London and Silicon Valley, as part of a EUR1 billion spend on digital initiatives over the next five years.
Marc Recker, Market Manager, EMEA, Institutional Cash, Deutsche Bank, looks at how customer demands, trust and innovation are shaping global clearing.
Christian Goerlach, Global Head of FI Balance Sheet & Liquidity, Deutsche Bank looks at the issues regarding intraday liquidity reporting requirements and the need to collaborate with the industry amidst the growth of real-time payments platforms.
Marcus Sehr, global head of institutional cash at Deutsche Bank looks at the future for transaction banks.
Fintech conglomerate SunGard has confirmed that it is "considering pursuing" an initial public offering and using the proceeds to pay off debt.
Currency Cloud, the international Payments Engine behind countless financial firms, is announcing the appointment Mitchel Lenson, former CIO of Deutsche bank and current Nationwide Board Member as a Non-Executive Director.
Deutsche bank has announced plans to shutter 200 branches and invest an additional EUR1 billion over the next three-to-five years to create "a more digital bank".
Deutsche Bank has signed a ten-year, multi-billion dollar deal to outsource a large chunk of its wholesale IT infrastructure to HP.
© Finextra Research 2015