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 werenât designed to support APIs, says Gareth Gaston, executive vice president at U.S. Bank. In this monthâs B2B API Tracker, PYMNTS speaks with Gaston about how legacy systems have impeded open banking â and what it will take for banks to embrace APIs and accelerate B2B payments. |