Deutsche Bank Announces Collaboration with FinLync

Deutsche Bank, a leading German financial services provider, confirmed today that it has formed a partnership with the fintech platform, FinLync. The collaboration will assist corporations through instant access to real-time treasury.

In a recent announcement, Deutsche Bank highlighted its commitment to developing efficient bank APIs to boost innovation in the financial services sector. The German bank and FinLync are planning to expand the range of pre-integrated Deutsche Bank APIs.

A recent survey conducted by Deutsche Bank and the Association of Corporate Treasurers highlights the growing popularity of APIs among treasurers. “Our integration with FinLync makes it much easier for corporates to adopt our banking APIs and shortcut the road to the automated, real-time treasury,” says Kerstin Montiegel, the Global Head of Client Connectivity / Digital Client Access Channels at Deutsche Bank. “FinLync’s pre-built API integrations and SAP-native applications significantly reduce the complexity of building and maintaining individual API integrations with SAP and other ERPs for our clients.”

Recently, the German banking and wealth management services provider announced the promotion of James von Moltke to the position of President.

API Connectivity

Simple and convenient APIs have always been one of the most important tools for corporates around the world to deliver efficient services. Phillip Klein, the Co-Founder, and CEO of FinLync, believes that the recent partnership between Deutsche Bank and FinLync will facilitate quicker and more informed decision making.

“We are excited to join forces with Deutsche Bank’s renowned Corporate API Program. We will support its clients by making bank API connectivity a simple plug-and-play experience, enabling corporates to manage liquidity in real-time and ultimately supporting faster, more-informed decision-making. Corporate finance teams have long sought the ability to access all their available bank data and deliver it directly into their existing systems. We are delighted to partner with Deutsche Bank, a global leader in API-based corporate banking, to make this a reality,” Klein said.