Summary
- Deutsche Bank announced that it had entered into a partnership with digital payments company Ant International.
- The two companies said they will promote innovation in global cash management and cross-border payments, including tokenized deposits and stablecoins.
- Through this partnership, Deutsche Bank plans to leverage its global network to provide secure payment solutions to Ant International's clients.
Germany's largest bank, Deutsche Bank, has signed a partnership with digital payments company Ant International.
According to Business Wire on the 10th (local time), Deutsche Bank announced via a press release that it had entered into a partnership with Ant International. Through this, they aim to drive innovation in global cash management and cross-border payments, including tokenized deposits and stablecoins.
Ole Matthiessen, Head of Corporate Banking for Asia, Middle East and Africa at Deutsche Bank, said, "We will leverage our global network to provide secure payment solutions to Ant International's customers."
Kelvin Li, Head of Technology at Ant International, stated, "Europe is emerging as a key hub for global digital payments," adding, "This partnership will allow us to offer an enhanced payment experience to consumers."
Son Min
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