Deutsche Bank and Silverflow are partnering on payments to create a new payments platform for Europe.
Silverflow states that its API and cloud-based platform enables card acquiring and individual BIN setups. As for Deutsche Bank, it acts as the acquirer, plus optional PSP & cash management services, for merchants.
Robert Kraal, co-founder of Silverflow, said that by using their platform, Deutsche Bank can onboard merchants in record time, maintain authorisation rates above industry benchmarks, and “automate chargeback flows to close disputes—proving that modern payments infrastructure transforms banking operations.”
Additionally, Deutsche Bank’s corporate banking clients will gain access to Silverflow’s merchant chargeback API, automating the dispute-management workflow and removing manual bottlenecks.
The partnership is said to be a move from legacy transfers to a more agile, cloud-based architecture.
Silverflow and Deutsche Bank are expected to add enhancements, including advanced analytics dashboards for transaction insights, real-time reconciliation tools to streamline financial closes, dynamic routing across multiple card networks to optimise processing costs and predictive fraud controls powered by machine learning.
