<\/p>\n
One of the world\u2019s leading financial service providers is teaming up with Austrian fintech company and crypto broker Bitpanda.<\/p>\n
According to Reuters<\/a>, Deutsche Bank is partnering with Bitpanda to provide customers with real-time payment solutions for asset transactions.<\/p>\n The partnership will begin rolling out exclusively for German customers.<\/p>\n \u201cThis means that deposits or withdrawals of fiat currencies from Bitpanda will go through Germany\u2019s largest bank. Some banks do not allow customers to transfer funds to crypto exchanges.\u201d<\/em><\/p>\n Many traditional banks have been exceedingly cautious about dipping their toes into crypto. Deutsche\u2019s global head of cash management Ole Matthiessen says his company\u2019s approach will, indeed, be \u201cvery cautious.\u201d<\/p>\n \u201cWe only work with very selective partners and clients who demonstrate strong compliance processes, operate in a regulated environment and meet our heightened expectations from a risk perspective.\u201d<\/em><\/p>\n The bank will not be involved in transferring Bitpanda\u2019s customers\u2019 crypto. Instead, Deutsche will support Bitpanda\u2019s treasury and payment processes while helping clients move funds in and out of their portfolios.<\/p>\n Global head of merchant solutions at Deutsche, Kilian Thalhammer, says that when it comes to crypto investing, Deutsche Bank aims to be \u201cthe bank of choice for the high-potential platforms.\u201d<\/p>\n According to a Bitpanda press release<\/a>, the partnership marks a major milestone for the crypto space.<\/p>\n \u201cBitpanda has become the first crypto platform in the world to partner with a major international bank to provide real-time payment services for its users.\u201d<\/em><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>  <\/p>\n Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" One of the world\u2019s leading financial service providers is teaming up with Austrian fintech company and crypto broker Bitpanda. According to Reuters, Deutsche Bank is partnering with Bitpanda to provide customers with real-time payment solutions for asset transactions. The partnership will begin rolling out exclusively for German customers. \u201cThis means that deposits or withdrawals of […]<\/p>\n","protected":false},"author":2,"featured_media":208427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-316785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/316785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=316785"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/316785\/revisions"}],"predecessor-version":[{"id":316788,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/316785\/revisions\/316788"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/208427"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=316785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=316785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=316785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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