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Deutsche Bank and Ant International are expanding their strategic cooperation to develop cross-border payment solutions utilizing tokenized deposits, stablecoins, and an AI-driven currency forecasting model.
Germany’s largest bank, Deutsche Bank, and Ant International, a subsidiary of Alibaba, have signed a Memorandum of Understanding (MOU) to formalize their strategic partnership. Together, they will develop and implement comprehensive solutions for cross-border payments and global liquidity management. The collaboration involves integrating tokenized assets, blockchain infrastructure, and artificial intelligence (AI) models to optimize payment processes and mitigate currency risks.
A key focus of the partnership is innovating cross-border settlements through the use of tokenized bank deposits, stablecoins, and the Falcon TST FX currency forecasting model. This model, developed by Ant International, is based on Time-Series Transformer technology.
Under the agreement, Deutsche Bank will become the first German bank to integrate Ant International’s blockchain liquidity management platform. This integration will enable instant transfers between Ant’s internal entities and enhance the transparency and efficiency of global treasury operations.
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Additionally, Deutsche Bank will expand its cooperation with Antom, a provider of acquiring and digital trade solutions, to offer European and Middle Eastern merchants access to a broader range of payment tools. To support small and medium-sized enterprises (SMEs), the bank will also provide access to WorldFirst through its global network, facilitating scaled payment collection, currency operations, and account management solutions.
Ole Matthiessen, Head of Corporate Bank APAC & MEA for Deutsche Bank, emphasized that the collaboration with Ant International opens new horizons for developing advanced financial solutions in a rapidly evolving FinTech landscape.
The two companies have been collaborating since 2019, and the signing of this new agreement marks a qualitative leap toward transforming global payment systems and increasing access to digital financial services for businesses across Eurasia.
One week prior, Deutsche Bank and TransferMate launched a FinTech initiative combining a global payments network with local collection, transfer, and custody tools. The project aims to provide businesses with access to local currency operations within global B2B payment corridors.
