Deutsche Bank took another step forward in its regional roll out of db-direct by launching the internet banking cash management platform in Malaysia last week. The bank also announced the introduction of its business-to-business electronic bill presentment and payment product, db-eBills.
Deutsche Bank serves about 100 foreign multinationals and large local corporations in Malaysia many of which have been using the Windows version of db-direct since the early-1990s. The internet platform encompasses payments, collections, trade, foreign exchange and account information. db-eBills uses the internet for invoice and financial processing and offers reconciliation and reporting functions.
The migration of Malaysian customers from one system to the next will be handled in a...
