Deutsche Bank expands partnership with IPID for global payments

Deutsche Bank and IPID have announced a strategic partnership to expand the use of IPID’s anti-fraud tools across the bank’s entire global payments business. While the bank previously utilized only select tools from the company, the new agreement aims to integrate IPID’s decision intelligence solutions into all payment operations.

The collaboration includes the joint development of new capabilities. For clients, the partnership is expected to result in faster processing, improved fraud detection, more efficient routing, and increased certainty that funds reach the intended beneficiaries.