Centuries-old banks have been operating on decades-old infrastructure, leaving many traditional financial institutions (FIs) to stand idle and offer little in the way of digital-native products and services. That is, until FinTechs and challenger banks stepped onto the scene, jumpstarting financial services innovation in a...
Bank-FinTech collaboration continues to proliferate in markets around the world. This week’s look at the latest tie-ups show the U.K. and Europe embracing FinTechs in Open Banking efforts. Elsewhere, FinTechs are taking the initiative to work with financial institutions and offer their technologies in an...
DBS Bank India is partnering with Transport Corporation of India Limited (TCIL), which works in supply chains and logistics services, to provide truck drivers with instant payments via an application programming interface (API) solution, according to a press release. Get the Full Story Complete the...
GoCardless, a FinTech specializing in recurring payments, has partnered with predictive accounts receivable (AR) automation solution firm YayPay, which will allow the latter to integrate automated AR services and get B2B payments to customers around the world quicker, according to a press release. Get the...
Amazon Technologies Inc. is seeking to create supply chain trust with “verifiable tracking of an item through a supply chain using a distributed electronic ledger,” FreightWaves reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
To provide non-touch invoice processing and support remote work, SoftCo rolled out its SoftCo ExpressAP accounts payable (AP) automation technology. The solution automates manual processes, assists organizations in bolster their cash flow, and offers complete visibility as well as control, and , among other benefits, according to a press...
Alibaba.com is rolling out a new program that aims to make it easier for small- and medium-sized businesses (SMBs) to enter the world of global trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Whether payments industry stakeholders are moving to develop entirely new infrastructure to improve payments, or to develop new capabilities upon existing infrastructure to make progress, this week’s look at payment rail innovation reflects a focus on industry collaboration to take steps toward faster payments ubiquity....
A steady stream of trade and commerce will be critical to economic recovery, but with supply chains disrupted and many logistics operations forced to upend their business models, plenty of obstacles remain in the way of frictionless movement of goods. Get the Full Story Complete...
