Article: DEUTSCHE BANK RE-ENTERS PAYMENTS SPACE IN JOIN VENTURE WITH FISERV

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DEUTSCHE BANK RE-ENTERS PAYMENTS SPACE IN JOIN VENTURE WITH FISERV

KARTHIK SUBRAMANIAN, 22 June 2021

The bank had exited the business around a decade back by selling it to EVO Payments as it had felt that the business was no longer viable and was highly risky as it was used for gambling and financial crime. But as we have been saying many times over the last couple of months, the payments business is back in vogue and it is expected to grow in a very large manner all around the world in the coming months.

The main driver behind this change in the digital payments business is the pandemic that has been raging around the world over the last couple of years. This has made people stay indoors and even those who are not used to making payments digitally have been forced to do so during this period. Continue reading “Article: DEUTSCHE BANK RE-ENTERS PAYMENTS SPACE IN JOIN VENTURE WITH FISERV”

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