Deutsche Bank goes live with new consumer payments initiative from Swift

▤ Summary

Deutsche Bank has gone live with a new consumer payments initiative from Swift that standardizes international retail transfers. The initiative focuses on full-value delivery, faster settlement, upfront pricing, and transfer tracking. Deutsche Bank is the first bank in Germany to launch the experience, starting with incoming payments from Brazil, Australia, and Turkey. More than 60 banks across 25 countries are already backing the rollout. The move strengthens cross-border payment infrastructure for consumers, SMEs, and financial institutions.

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