(Bloomberg) -- Deutsche Bank AG plans to double the product development team at its “Digital Factory” fintech center in Frankfurt to 800 workers by 2018 and struck a partnership with the Massachusetts Institute of Technology to foster new ideas.
The lender is introducing smartphone and web-banking facilities this year and early next year including mobile payments, a financial planner and a “digital marketplace” selling financial products, consumer banking chief Christian Sewing said at the software center in Sossenheim, Frankfurt Thursday. Most of the roles will be new, while some people will move from other positions at the bank.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access