Category Uncategorized

Digital Guarantees: Your New Game-Changer! 🚨

With the new postal regulations in Germany starting January 2025, paper-based guarantees will take three business days to reach their destination. Sending a PDF by email might seem like a solution, but the original document still needs to be physically mailed, taking three business days. Every guarantee amendment, release, or claim means will suffer from the same delay.

Welcome LBBW!

We are excited to welcome LBBW (Landesbank Baden-Württemberg) to #GuaranteeVault! 🎉Regionally rooted and globally connected: LBBW accompanies its customers with the best solutions and focuses on innovation. Now, LBBW is expanding its digital offerings in the guarantee business with Digital…

Clearstream to invest in Digital Vault Services

Clearstream, Deutsche Börse’s post-trade business, intends to make an investment in Digital Vault Services (DVS), a pioneering fintech offering issuance and safekeeping services for digital bank guarantees and sureties in Europe. The investment is subject to applicable regulatory approvals and…