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Zilch advances towards IPO with £100m financing

Zilch, the world’s first ad-subsidised payments network (ASPN), has announced a significant £100m securitised debt financing, facilitated by Deutsche Bank (DB).The financing will enable...
‘AI is evolutionary not disruptive’: Banks discuss the AI impact at Money20/20

‘AI is evolutionary not disruptive’: banks discuss the AI impact at...

Artificial intelligence (AI) is a hot topic in all walks of life. The emerging technology has taken the world by storm, from creating realistic...

Deutsche Bank joins Singapore’s Project Guardian tokenization push

Deutsche Bank has joined Project Guardian, the Monetary Authority of Singapore’s (MAS) asset tokenisation testing initiative. The German multinational bank will test an open architecture...
Banks racing to hire the right AI talent for effective implementation

Banks racing to hire the right AI talent for effective implementation

Banks are leading the charge in AI adoption according to research from Evident Insights, with US banks at the top of the table but...

Deutsche Bank launches crypto custodian service

In an important development for the crypto sector, Germany’s largest financial institution Deutsche Bank has announced its new crypto custody service. Enabled through a...
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Federal Reserve Board fines Deutsche Bank with $186m over AML failures

The Federal Reserve Board has issued a $186m (£145m) fine to Deutsche Bank AG and its New York branch over failures to comply with...

Five banks under CMA investigation over competition laws

Five major banks are being investigated by the Competition and Markets Authority (CMA) for sharing competitively sensitive information in one-to-one conversations.  Citi Bank, Deutsche Bank,...

PPRO launches platform integration for Portugal’s MB WAY

Digital payments provider PPRO has further solidified its position in Portugal with the integration of local mobile wallet provider MB WAY.  Already partnering with payments...

Do CBDCs offer financial stability in an emerging cashless society?

With cash becoming less prevalent year-by-year, financial institutions and providers have been accelerating methods to digitise money whether it be through banks, or currencies...

Deutsche Bank and Fiserv launch banking service Vert to support SMEs

A banking and payment acceptance service titled Vert has been launched in collaboration between Deutsche Bank and Fiserv to support the needs of SMEs.  Vert...

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