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Banks, FinTechs Find New Open-Data Use Cases

PYMNTS

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Bankin’ Steps Into Payments APIs.

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Innovation Eases The Friction Of Global Payment Rails

PYMNTS

This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure. One FinTech, meanwhile, throws blockchain into the mix of legacy rails. Western Union Expands Real-Time Capabilities.

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FIs Embrace FinTech Options To Bolster Business Banking

PYMNTS

Apollo Bank Adopts CheckAlt Lockbox Technology. Miami-based Apollo Bank is turning to a third-party FinTech to strengthen its corporate payments and treasury management offering. Token Lands Funding For Open Payments Offering. PNC Acquires Tempus Technologies. As open banking continues to proliferate across Europe and the U.K.,

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How Order To Cash Eases Cash Flow Woes

PYMNTS

trillion manufacturing sector, outmoded invoicing and poorly managed payments have created familiar problems of cost/time overruns, bookkeeping errors and the mayhem of inefficiency. In our most recent “ Innovating Order-to-Cash Playbook ” we size up the climate and terrain for manufacturers as payments enter the age of “instant.”.

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Meeting Consumer Demand With Speed-Of-Life Payments

PYMNTS

Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. But, with this progress comes friction in the form of a payments patchwork. The use cases for digital payments are also evolving. Supply and Demand.

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Preserving Check Workflows Can Ease B2B Payments Digitization

PYMNTS

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department. “Checks will be around for a while. Preserving Check Workflows.

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