| Small Businesses' Biggest Lease Accounting Pitfalls Small businesses may get an extra year to comply with new lease accounting standards, but that doesn't mean they should procrastinate in preparing for major changes ahead. LeaseQuery CEO and Founder George Azih tells PYMNTS that SMBs likely have far more leases than they think, and warns of potential unanticipated consequences these changes could have on businesses' leasing activity in the future. |
| Open Banking/Bank FinTech Collab |
| Banks, FinTechs Find New Open-Data Use Cases 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. This week's roundup of the latest open banking initiatives finds new use-cases in payroll, procurement, corporate cards and more. |
| | Faster Payments | | Unwrapping APAC's Faster Payments Fraud Threat Asia Pacificâs real-time payments ecosystem is flourishing, and unfortunately, banks in the region say faster payments fraud is on the rise, too. FICO Asia Pacific President Dan McConaghy tells PYMNTS about the strategies the regionâs financial institutions and payment network operators can deploy to address the threat, from deploying machine learning to shifting the liability of losses. |
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