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Deutsche Bank and TIS sign treasury deal

March 22, 2021

The two firms are working on a “combination of complimentary capabilities” to create “new and innovative products and services”.

A primary focus is on payment fraud prevention combined with the TIS cloud platform. It will “leverage the knowledge of all corporates” to improve the detection of potential fraud.

Ole Matthiessen, global head of cash management at Deutsche Bank, says the deal mitigates an “ever increasing fraud risk”.

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