FinTech Futures: Top five stories of the week – 5 May 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Deutsche Bank
Deutsche Bank acquires Numis in £410m deal to build out UK investment banking arm
Deutsche Bank plans to fold its UK and Ireland corporate finance business into Numis.
FinTech Futures: Top five stories of the week – 9 December 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Deutsche Bank partners Nvidia to advance the use of AI in financial services
The two firms aim to develop applications that will improve risk management and boost efficiency.
Spanish banking sector to explore use of digital euro
Financial institutions will analyse the technical, operational and business implications of a digital euro.
Deutsche Bank partners Fiserv to launch SME payments and banking solution Vert
Vert is a payment acceptance and banking services solution for SMEs.
SEC fines 16 Wall Street firms $1.1bn for recordkeeping failures
For more than three years employees routinely used messaging apps on their devices to discuss business matters.
Deutsche Bank to automate trade document checking with Traydstream partnership
The partnership will boost the bank’s efforts to digitise and automate its documentary trade business.
FinTech Futures: Top five stories of the week – 15 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Deutsche Bank partners Abbove for wealth management services in Belgium
Abbove says the partnership marks another step in the wealthtech’s private banking development strategy.
MarketFinance raises debt financing from Deutsche Bank
The company says the funds will be used to provide up to £100 million in lending to UK SMEs.
Olivier Vigneron to become Deutsche Bank’s group CRO
Vigneron is rejoining the bank, moving from Natixis, and will take up the role from next June.
Deutsche Bank boosts online payments with Better Payment acquisition
Deutsche Bank’s acquisition will expand its product range and market share in online payments in Germany.
Video: fintech news pick of the week – Revolut, Deutsche Bank and Pleo
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Deutsche Bank plans 440 job cuts for Irish operations
The bank is planning to cut three-quarters of its workforce in Ireland.
Six global banks endorse Swift’s new platform for international payments flows
The transaction management platform is set to launch in November 2022.
Architecture heads at Deutsche Bank and JP Morgan leave months into their jobs
John Smith and Gavin Leo-Rhynie depart from major banks.
Deutsche Bank partners Oracle to upgrade its IT systems
The bank is looking to modernise its database tech and accelerate its digital transformation.
Deutsche Bank signs payments joint venture with Fiserv
The two firms plan to create new acceptance and banking solutions.
Deutsche Bank seeks payments revamp with Silverflow deal
Deutsche Bank says the deal will support the launch of two new payment services this year.
Deutsche Bank and TIS sign treasury deal
The pair will work on multi-bank services for treasury and finance.
New direction, same destination for ISO 20022
Despite the extra time, there is little scope for market participants to relax.
Deutsche Bank expands Google cloud partnership
Major German lender expands cloud usage to lending and retail banking.
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.
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.
