U.S. Bank eyes APIs’ role in B2B payments modernization, Societe Generale acquires Shine, and Citi launches small business support campaign
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 1, 2020

       BUSINESS-TO-BUSINESS EDITION

Data & BI

How Pandemic Disruption Illuminated The Value Of Data Integration

The global pandemic removed any doubts as to the value of enterprise digitization. But now that the frenzy has settled and organizations have begun to take a look at their progress, Winshuttle Vice President of Product and Solutions Kristian Kalsing says there is much more work to be done to ensure back offices are not only automated, but optimized.

 

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Open Banking Roundup

FIs Embrace FinTech Collabs With An Eye On Functionality

In a recent conversation with PYMNTS, NICE Actimize dove into the security threat that open banking initiatives can pose as cyberattackers are enticed by new ways to access data. This week's look at the latest open banking and bank-FinTech collaboration initiatives finds security more of a background priority, with firms collaborating instead with a focus on expanded functionality.

 

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B2B API Tracker™

U.S. Bank: How Legacy Systems Impede Open Banking Adoption

B2B payments are often complicated by incompatible systems that delay transactions and add additional fees. Embracing open banking can help, but many financial institutions have core systems that weren’t designed to support APIs, says Gareth Gaston, executive vice president at U.S. Bank. In this month’s B2B API Tracker, PYMNTS speaks with Gaston about how legacy systems have impeded open banking — and what it will take for banks to embrace APIs and accelerate B2B payments.

 

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What's Hot


Societe Generale Buys Entrepreneur-Focused Neobank Shine


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Citi Launches Small Biz Campaign To Support Struggling Entrepreneurs


Best Of Yesterday


Why Payroll Deserves A Seat At The Payments Innovation Table


Pulling B2B Payments Into The New Economy


Payment Rail Innovators Focus On B2B Payments Data


 

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