Major Indian IT firm TCS in talks to buy Deutsche’s Postbank tech unit
Postbank Systems provides IT services to Postbank, which Deutsche bought back in 2010.
Deutsche Bank
CloudMargin raises $15m Series B from Citi and Deutsche Bank
Investors say high market volatility has highlighted the need for such CloudMargin’s platform
Leaked FinCEN files show banks allowed $2trn in suspicious transactions
Major leak of suspicious activity reports shows “mind blowing” scale of money laundering issues.
Deutsche and Innopay talk open banking beyond PSD2
FinTech Futures sits down with Deutsche Bank and API consultancy Innopay.
Deutsche Bank buys minority stake in Traxpay
Deutsche wants more European banks to invest in the platform.
Deutsche Bank snags Wirecard exec Kilian Thalhammer
Thalhammer will be joining Deutsche Bank in October to oversee its Merchant Solutions arm.
Deutsche Bank faces $150m fine for Jeffrey Epstein ties
“The bank’s failure to recognise this risk constitutes a major compliance failure.”
Deutsche Bank signs Google Cloud strategic partnership
Deutsche picks Google after five-month negotiation period.
65% of banks say legacy systems holding back Swift gpi adoption
Volante, HSBC and Deutsche Bank, share their insights on a recent webinar regarding Swift gpi.
Report: Five success factors for an ideal ISO 20022 migration
ISO 20022 represents an opportunity for banks to reinvent the way they operate.
CFTC fines Deutsche Bank $10m for swaps failure & trade spoofing
Banking giant caught out by US regulator.
Deutsche Bank to create new international private bank
The new global private bank will likely hold roughly €250 billion.
Deutsche Bank set to launch fourth e-FX hub in Singapore
The hub will be developed and staffed locally.
Deutsche Bank appoints Kamran Khan as head of ESG for Asia Pacific
He also served as head of global investments and operations at the US Millennium Challenge Corporation.
Deutsche Bank resumes job cuts during coronavirus
“We decided to further accelerate our cost reduction program,” says CEO.
Deutsche Bank signs 2028 contract extension for Avaloq tech
Swiss vendor will provide BPO services foe Deutsche until 2028.
FCA warns Deutsche over repeated compliance failings
The bank’s tardiness in notifying affected clients and regulators led to concerns.
Deutsche Bank reaches out to Big Tech for cloud assistance
Deutsche Bank has reportedly invited proposals from Microsoft, Google and Amazon.
Deutsche Bank and SimCorp extend Dimension partnership in Asia Pacific
14-year fund services collaboration extended.
Standard Chartered appoints new CIO of corporate, commercial & institutional banking
Rene W. Keller joins Standard Chartered from Deutsche Bank.
ISO 20022: stepping in the right direction
Market participants should assess the impending transformation and work on action plans.
Deutsche Bank launches motion code Calma Card with Mastercard in Spain
The major companies say it’s the first Spanish card to use motion code technology.
Deutsche Bank plans €100m streamlining project for retail ops
German lender continues its dramatic savings plan.
Appian Europe 2019: KPMG says banks’ digital literacy is “very low”
KPMG says 80% of bank employees don’t know what unstructured data is.
US DOJ digs deeper into Deutsche role in Danske money laundering scandal
Deutsche officials were made aware that the scope of the DoJ probe had broadened.
Deutsche Bank already using robots as it gears up to cut 18,000 jobs
AI has “massively increased productivity” for the bank.
US regulators remind FIs of AML obligations for digital assets
The CFTC, SEC and FinCEN point to AML/CFT requirements for digital assets.
Deutsche Bank to focus on Germany for job cutting scheme
Bank’s home market to suffer the brunt of cuts.
Deutsche Bank to create new technology division
German lender aims to improve technology innovation
Sibos 2019: Mike Clarke, global product manager, Deutsche Bank
Check out his thoughts on distributed ledger technology and more!
Sibos 2019: Embracing payments change will keep banks in fintech race
Schemes like Request to Pay will change the game, says panel.
Deutsche Bank turns German fintech Deposit Solutions into unicorn
The bank bought a 4.9% stake in the fintech.
Deutsche Bank joins Interbank Information Network
The blockchain-based platform has more than 300 member banks.
Deutsche Bank launches first Shanghai innovation hub
The new hub will be the innovation arm of Deutsche Bank in China.
Top fintech stories this week – 24 May 2019
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
Deutsche Bank’s suspicious transaction reporting hit by software glitch
The problem has prevented flagging for almost a decade.
European banks sign up to gpi trial on TIPS
Designed to smoothen out real-time payments in Europe.
Top fintech stories this week – 10 May 2019
Deutsche Bank picks Red Hat, Orange acquires Secure Link, and much more!
Deutsche Bank selects Red Hat’s cloud tech
It will support the bank’s Fabric digital platform.
Video: fintech news weekly round-up – 8 April 2019
Africa Fintech association, City watchdog’s orders, and a new blockchain alliance!
