PYMNTS-MonitorEdge-May-2024

bank fintech collaboration

Small Business Banking Braces For More Disruption
Small Business Banking Braces For More Disruption
December 27, 2019  |  B2B Payments

With regulations surrounding data ownership, privacy and open banking now in full swing in multiple markets around the globe, opening up account data is now...

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How Open Banking, Faster Payments Change Banks’ Fraud Threat
How Open Banking, Faster Payments Change Banks’ Fraud Threat
December 19, 2019  |  B2B Payments

An explosion of FinTech innovation has jump-started traditional financial institutions’ (FIs) digitization efforts. M&A initiatives and partnerships, Open Banking business models and data integrations, and...

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Metro Bank Pilots Corporate Expense Management Tech
Metro Bank Pilots Corporate Expense Management Tech
December 11, 2019  |  B2B Payments

U.K.-based Metro Bank has begun piloting a new corporate expense management solution in partnership with Canadian FinTech Sensibill, a press release said Wednesday (Dec. 11)....

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SMBs Remain Hot Spot For Open Banking Business Models
SMBs Remain Hot Spot For Open Banking Business Models
December 11, 2019  |  B2B Payments

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for...

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Tackling The Moving Target Of Cross-Border B2B Payments Friction
Tackling The Moving Target Of Cross-Border B2B Payments Friction
December 10, 2019  |  B2B Payments

Although cross-border B2B payments have progressed into an area of financial services in which both traditional and FinTech players are innovating, moving money across borders...

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How AR-AP Connectivity Tightens The Buyer-Supplier Relationship
How AR-AP Connectivity Tightens The Buyer-Supplier Relationship
December 10, 2019  |  B2B Payments

The convergence of accounts payable (AP) and accounts receivable (AR) continues as banks and FinTechs collaborate on new solutions that pull double-duty, tackling friction for...

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Envestnet | Yodlee CEO: Helping FIs Prep For ‘Next-Gen’ Data Aggregation
Envestnet | Yodlee CEO: Helping FIs Prep For ‘Next-Gen’ Data Aggregation
December 06, 2019  |  Data

The past few years have seen contentious relationships between financial institutions (FIs) — particularly larger ones — and data aggregators. At a high level, FIs...

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Finding Salve For Business Payments Pain — From Expense To AP
Finding Salve For Business Payments Pain — From Expense To AP
December 05, 2019  |  B2B Payments

Understanding businesses’ biggest payment pain points requires a wide line of sight. After all, money exits a company through more than one avenue, whether it...

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Banking-As-A-Service Has Its Own ‘Build Vs Buy’ Conundrum
Banking-As-A-Service Has Its Own ‘Build Vs Buy’ Conundrum
November 27, 2019  |  B2B Payments

Banks’ digitization journeys have been a rocky road, to say the least. The spark of FinTech innovation in recent history has set off a catalyst...

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