Tag: deutsche bank

A virtual account provided by DB will help Hashkey better reconcile incoming fiat currency funds on the virtual asset trading platform.

DB’s financial system will be connected to Yonyou’s ERP platform and TMS, which serves a group of state-backed enterprises in China. The first roll-out is expected in Q1, according to a DB spokesperson.

Deutsche Bank has launched in four Apac markets, providing payment collection services for e-commerce merchants, as the firm eyes six more markets.

CT understands that Sameer Shah will join the German bank as head of cash management sales for Middle East & Africa.

Manik Chhabra has been appointed Deutsche Bank’s head of global corporate coverage for India and Sri Lanka, effective August 19.

The move is a first in Asia for the global chemicals firm, uses sustainability rating platform EcoVadis and will incentivise companies in the supply chain with lower interest rates.

XTransfer is the first foreign company granted a NRQC status by the Bank of Thailand, signifying a milestone in cross-border e-commerce settlement both for Thai and Chinese vendors and buyers.

In a recent discussion with CT, Moodey shared details around the bank’s partnership with the ADB and the scope of its trade finance ambitions across Asia’s emerging markets.

Singapore-based Matthew Moodey has been appointed to lead the bank’s Asian trade finance effort. He shares with CT key considerations for Asia’s corporates as the bank predicts an imminent default wave.

The investment will support the bank’s growth in Vietnam and demonstrates the market’s prominence as an Asean trade hub, for local and multinational corporates alike.

A lack of standardisation is holding treasurers back from reaping the full benefits of API technology.

The partnership enables corporate treasurers to access more easily Deutsche Bank’s APIs, offering them real-time bank data.