Teamwork is the name of the game when it comes to open banking. Traditional FIs are joining with FinTech outfits to bring faster payments to the masses. Amid the marquee names in banking combining efforts with tech-savvy upstarts: Deutsche Bank and Fifth Third.
U.K. challenger bank Arro Money, which launched its small business bank account service last December, has debuted its newest product designed for sole traders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Bank of England is streamlining the U.K.’s payments messaging operations through the planned adoption of the ISO 20022 messaging standard, the bank announced Wednesday (June 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The weakest link in any supply chain, particularly across borders, can be payments. Brian Jamieson, CEO and co-founder of Centtrip, tells PYMNTS in the latest edition of the Faster Payments Tracker that leveraging faster, even real-time payments can help corporates mitigate the high FX costs...
Corporate Spending Innovations, formerly known as CSI globalVCard, announced on Wednesday (June 6) a partnership with THG Energy Solutions in an effort to digitize corporate payments to their utility providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Automation may be transforming the procurement department, but when it comes to the buyer-supplier relationship, human interaction is critical. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Competition in the cross-border payments market is on the rise as blockchain firm Ripple and payments messaging company SWIFT vie for market leadership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Artificial intelligence has received a mixed welcome from corporates exploring how the technology could disrupt their operations. While AI can deliver time and cost savings, automation and actionable insights, executives are also concerned that the tool will displace professionals like accountants and procurement officials. Get...
Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, has ousted the 25 members of the agency’s Consumer Advisory Board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
