Tag "Deutsche Bank"
Deutsche Bank Doubles Vietnam Investment to More Than US$200 Million
Deutsche Bank announced that it has nearly doubled its capital allocation in Vietnam, bringing the total to more than US$ 200 million. The bank said that the increased capital will support its growth in the country and allow it to undertake
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Deutsche Bank and STACS Complete PoC for Digital Assets and ESG Bonds
Deutsche Bank’s Securities Services in Singapore and Hashstacs (STACS) announced the completion of their proof-of-concept (POC) referred to as Project Benja on the use of distributed ledger technology (DLT) for digital assets and sustainability-linked digital bonds. Set in the context
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Deutsche Bank to Pilot Digital Assets Proof-of-Concept With STACS
Deutsche Bank Securities Services and Hashstacs Pte Ltd (STACS) will collaborate to jointly explore a proof-of-concept (POC) related to the technological and practical feasibility of digital assets. The POC will explore interoperability, liquidity, cross-border connectivity, and smart contract templates, including
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Banks and Corporates Need to Rethink How They Approach Innovation—Again
Innovate or die. This is a common rallying cry in this era of Silicon Valley and agile tech startups, and the banking industry is not excluded from this narrative. Fintechs grow ever popular, with their on-demand services, particularly to those
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IBM Completes Proof-of-Concept Blockchain-Based Shared KYC
IBM announced the successful completion of the Phase I proof-of-concept (POC) of its Shared Corporate Know Your Customer (KYC) project with Deutsche Bank, HSBC, Mitsubishi UFJ Financial Group (MUFG) and the Treasuries of Cargill, IBM. Through the Shared KYC POC,
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The Uptake of Blockchain Technology
Ever heard of Bitcoin? It’s a digital currency that has been sending shockwaves through the financial investment markets ever since it was launched in 2008 by Satoshi Nakamoto. The concept, to many, is difficult to understand, but its rise in
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