In a PYMNTS interview, NICE Actimize Head of Fraud Strategy Rob Tharle shed light on a nasty downside to the proliferation of open banking around the globe. “Open banking promises to bring benefits to consumers and businesses alike but also carries some threats,” he said....
The financial services community continues to rally around America’s small- to medium-sized businesses (SMBs) with the understanding that Main Street remains the backbone of economic recovery. As businesses take their first steps toward reopening, there is cautious optimism to be had. A recent U.S. Chamber...
Open banking remains on track to proliferate across the globe, in spite of the coronavirus pandemic. Rather, market volatility may actually be propelling open banking’s expansion as FinTechs explore new ways to unlock bank account data to support cash flows of small- to medium-sized businesses...
Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. This week’s roundup of the latest open banking initiatives finds...