ZignSec, through its subsidiary Web Shield, has signed an agreement with Deutsche Bank, one of the world's leading financial institutions to help improve its due diligence process. The financial impact on ZignSec's revenue will initially be limited, but with potential to increase significantly over time. Deutsche Bank will be using Web Shield's InvestiGate and Monitor solutions, both of which are part of Web Shield's software-as-a-service offering that helps acquiring banks to automate large parts of their merchant due diligence process.

Both solutions are used by compliance departments, underwriting teams, and risk managers around the world to assess merchant applications and monitor websites throughout a merchant's lifecycle.