Deutsche Bank and TIS join Forces to Develop and Offer Multi-Bank Services

Published: March 19, 2021

Deutsche Bank and Treasury Intelligence Solutions (TIS) announced that they are entering a strategic partnership to develop and distribute multi-bank services for Treasury & Finance.

“Establishing client solutions that are beyond traditional financial services by leveraging Deutsche Bank’s expertise in global payment markets is a key focus area for us. Partnering with TIS and combining our strengths with an established provider of technology-enabled treasury services will provide our clients with a state-of-the-art, multi-bank-enabled risk management tool to mitigate an ever increasing fraud risk”, said Ole Matthiessen, Global Head of Cash Management at Deutsche Bank.

“Harnessing both company and community data to solve key challenges, such as fraud prevention, together with Deutsche Bank is a big win for our customers,” said Erol Bozak, co-founder and Chief Product Officer of TIS. “TIS is excited to team up with a global powerhouse in transaction banking to develop multi-bank payment solutions,” added Joerg Wiemer, co-founder and Chief Strategy Officer of TIS.