For many businesses both large and small, payments received on a timely basis can give a boost to a business’ efforts to remain financially sound, hire new staff or move forward with expansion plans. Late payments, meanwhile, can damage relationships with business partners, banks and...
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No one likes standing in lines, whether inside a brick-and-mortar store or in the virtual waiting room of a slow-moving or complicated online checkout process. Making it easy for consumers to hand over their payments — and earning their loyalty by doing so — is...
With growing competition in the financial services sector, financial institutions (FIs) from Hong Kong to the U.K. are offering open APIs to developers to stay ahead of the curve. The August edition of the B2B API Tracker explores how banks and other financial players are...
The sea change that is afoot in financial services is drawing a bead on APIs, as a new Citi report notes. Patents filings are grabbing headlines in the US, while open banking has traction in Europe, with a few firms targeting services for micro businesses....
In the financial services space, it’s disrupt or be disrupted. For FIs, this means owning the disruption by developing and deploying their own API solutions in-house instead of turning to outside consultants. In the July B2B API Tracker, Rene Schuurman, global market manager of Citi’s...
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Legacy banks have a problem. FIs are embracing APIs to offer customers new features – but aren't necessarily meeting customer expectations. Fredrik Hedberg, CTO and co-founder of Tink, says FIs can offer better products by drawing smarter insights from their customers’ data. In the latest...
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