Deutsche Bank has partnered with financial services technology provider Fiserv to launch Vert, a payment acceptance and banking services provider for small and medium-sized enterprises
This service is designed to enable Citi’s financial institution customers to make USD payments 24 hours per day, 7 days per week including public holidays
In addition to its existing provisions of its Instant Payments back-office service, Knab will gain access to Wordline’s wider back-office processing product portfolio
The companies will provide a cross-border payment system to clients, with Australian customers able to enact quick, secure, and affordable real-time payments across the world
This solution analyses previous payments transactions conducted over the SWIFT network, on an anonymised basis, to identify potential errors in payee details and other trade information that may cause the payment to be processed incorrectly
