Deutsche Bank relies on Ant International to innovate on cross-border payment

The Deutsche Bank has just formalized its partnership with the group Ant International. This strategic reconciliation aims to provide cross-border payment solutions for international traders. The new solution is based on the exploitation of Ant International's proprietary technology for tokenization and exchange, based on AI.

FACTS

• Deutsche Bank will now work with Ant International's Integrated Finance Unit to develop a series of innovations in global treasury management and cross-border payments. These innovations include:
  • Tokenized deposits via the WhaledAnt platform,
  • a TST (Time-Series Transformer) exchange model based on Artificial Intelligence (capable of predicting exchange needs with about 90% accuracy per hour),
  • the specific applications of StabelCoins for international payments, including the management of cross-border cash in real time for Ant International entities.

• Enterprises in Europe and Asia are particularly affected.

• Deutsche Bank will also work with Antom, a provider of payment and digitisation services for traders, to extend Antom's acquisition solutions to EMEA traders.

• It will eventually take over Worldfirst, the digital payments and financial services platform for large companies and SMEs.

ISSUES

• Sign a first in its market : Deutsche Bank specifies that it is the first German bank to integrate the real-time cash management platform based on Ant International's blockchain to allow real-time cash transfers between Ant International's intra-group entities.

• Improving management systems : This new partnership combines blockchain, predictive AI and tokenization of deposits. The developed solution is thus presented as a lever for improving cash management for companies operating internationally. Ant and Deutsche Bank state that their joint work will thus reduce conversion costs and improve the performance of capital flows.

PERSPECTIVE

• Ant International's involvement in the renewal of blockchain-based cross-border and interbank payment services is not entirely new. Ant International thus formalized its rapprochement with HSBC in October 2024. At the time, the two partners Announced have managed to carry out interbank transactions in Hong Kong dollars (HKD) using the blockchain as part of the Hong Kong Monetary Authority's (HKMA) whole sandbox.

• At the same time Ant International led also a pilot project with the Singapore Bank DBS to manage intra-group transfers.

• Even earlier, in July 2024, it was with the French bank BNP Paribas that the financial group Ant International had announced a series of collaborations in the European territory to offer merchants innovative cross-border payment and cash management solutions. This was again to promote tokenized deposits.

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