Deutsche Bank and Mastercard Partner on Pay-by-Bank Solutions in Europe

Deutsche Bank and Mastercard partnered to enable merchants across Europe to offer pay-by-bank functionality to their customers.The partnership will enable merchants to offer this functionality through Deutsche Bank’s Merchant Solutions, with the account-to-account payments based on Mastercard’s open banking network, the companies said in a Tuesday (June 3) press release.“This partnership with Mastercard marks a pivotal moment in the growth of open banking,” Deutsche Bank Global Head of Merchant Solutions Ki ...