Deutsche Bank Jumps Back Into Payments With Fiserv Deal
Patricia Kowsmann, 21 June 2021
Deutsche Bank AG wants to get back into the suddenly valuable business of digital payments, nearly a decade after getting out of it.
Germany’s largest lender is setting up a joint venture with U.S. payments giant Fiserv Inc. to offer customers payments-processing services. The joint venture will allow Deutsche Bank’s business clients to accept payments from customers, both in person and digitally, through Fiserv’s platform called Clover, which reads credit cards, debit cards and mobile wallets, and records orders and inventory. Continue reading “Article: Deutsche Bank Jumps Back Into Payments With Fiserv Deal”
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