Remove Payment APIs and Integration Remove Payment Initiation Remove Third-Party Service Provider
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FIs Embrace FinTech Options To Bolster Business Banking

PYMNTS

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

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Multi-Bank Connectivity Puts The Pressure On Treasury Tech

PYMNTS

Further, the financial risks of this challenge expand into areas like payments fraud and cyberattacks, with Lutz pointing to the growing sophistication of such crimes, and the increasing complexity of identifying them and mitigating these risks. and other markets’ Open Banking initiatives like the revised Payment Services Directive (PSD2).