As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. This week’s exploration of the latest in bank-FinTech collaborations and data integrations finds an opportunity for accounting portals to drive customer loyalty through data connectivity,...
Visa is buying Plaid — the startup that develops APIs for financial services — for $5.3 billion. By helping to bridge the gap between apps and consumers, Plaid brings new fund flows and payment integration capabilities to Visa. The payments giant sees opportunity to bolster...
With open banking business models inspiring FinTech innovators to explore other use cases for data integrations, the B2B financial services market has seen a swath of collaboration between traditional financial institutions and FinTech firms — and between FinTech firms themselves. Though not a new technology,...
The 5G network is rapidly being deployed in markets around the world, and the advance of the network could mean profound changes for the Intelligence of Things (IoT) ecosystem. Two-thirds of businesses have plans to develop new tools and technologies that will leverage 5G by...
July 25, 2023
Generative artificial intelligence (AI) has quickly become one of the most important topics of our time, and global banks are beginning to explore the possibilities of the technology so as not to miss out on the impact it is poised to have on the financial services sector. Citi CEO Jane Fraser recently expressed the importance of banks […]
January 14, 2020
Visa is buying Plaid — the startup that develops APIs for financial services — for $5.3 billion. By helping to bridge the gap between apps and consumers, Plaid brings new...