Bottomline debuts Open Banking API, Lithuania halts SatchelPay operations, and Wise talks bank-FinTech collaboration in SMB banking
| | | | BUSINESS-TO-BUSINESS EDITION | | Hong Kong Eyes New Phase Of Open API Project The Hong Kong Monetary Authority is set to launch the second phase of its Open API project. Separately, digital banking in Europe eyes corporate clients, and cloud banking gets an FI adherent. |
| Pressure Mounts On Big Four Auditors The former head of the Australian Securities and Investment Commission has warned that a lack of competition in the auditing space â dominated by EY, Deloitte, PwC and KPMG â could lead to Enron-style corporate collapse. It's just the latest round of pressure mounting across the globe for these corporate auditors. |
| | Small Business Banking | | Taking On SMB Banking Friction Without Reinventing The Wheel Open banking may be taking shape in the U.S., but without a regulatory mandate, that shape will undoubtedly look different than in other markets. Wise Co-Founder and CEO Arjun Thyagarajan tells PYMNTS how Banking-as-a-Service forges the nation's open banking journey, and why to improve small business banking, banks need FinTechs just as much as FinTechs need banks. |
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