According to a post, the bank is deepening its use of Ripple (enterprise blockchain company) to move away from slow, costly, and intermediary-dependent cross-border payments (international money transfers).
A post claims Deutsche Bank is deepening its use of Ripple (enterprise blockchain company) to enhance cross-border payments (international money transfers). The message criticizes the traditional model as slow, expensive, and reliant on intermediaries (correspondent banks) and frames the move as a decisive shift. The post does not provide timing, transaction volumes, product names, or technical details.