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How Open Banking Can Benefit Credit Unions

PYMNTS

The same study, though, found that loyalty and rewards were only the seventh-most important priority among CUs, which are instead focusing on open banking options that offer anti-money laundering (AML), data security and instant payment technology. percent) cited data security and 60.8 A majority (62.7

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How Governments Navigate ACH Payments Innovation

PYMNTS

. “There is a great emphasis on data security,” he said. Let’s say they were to contract with someone that had challenges with data security. Governments are very in-tune with data security as a paramount issue.” That’s something that could end careers.

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Open Banking Adds Intelligence To Treasury Management

PYMNTS

Turner noted that FinTechs that are able to wield data-sharing opportunities can then automate the aggregation and normalization of financial data across platforms automatically, enabling financial controllers and other executives to obtain their cash positions in near real-time. In the U.S.,

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USPS API Security Flaw Exposed 60 Million Users’ Data

PYMNTS

The security flaw stems from the USPS ‘s API, part of the USPS’s “Informed Visibility” initiative that allows businesses and bulk mail senders “make better business decisions by providing them with access to near real-time tracking data” about their mail campaigns.

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Inside HSBC’s PSD2-Ready API Portal

PYMNTS

The marketplace is intended to help businesses and developers create communications apps more quickly, and help companies embed services for near-real-time customer communications on their apps and websites. Meanwhile, telecommunications provider AT&T is launching its own API marketplace. Inside HSBC’s PSD2 Developer Portal.

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Maximizing Efficiency in Financial Statement Preparation with Automation

FloQast

Companies that automate their financial statement preparation processes often benefit from improved accuracy, near real-time data, and increased efficiency. Fact: Companies that automate part of their financial statement preparation process reduce time-to-Close by 33% or more. This often comes with a challenge.

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The Future Of The Factory: How Technology Is Transforming Manufacturing

CB Insights

In 2018, assembly lines are so lean they’re integrating a nearly real-time inflow of parts and assembling them as fast as they arrive. Other gateway-based security companies like Xage are even employing blockchain’s tamperproof ledgers so industrial sensors can share data securely.