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