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FinTech

APIs For FinTech Firms And Installment Plans

APIs are making inroads, used by FinTech firms and banks to offer financial services to corporates and consumers. This week’s news touches on banking in South Korea and consumer lending at the POS, via Visa’s new installment lending pilot program.

Biz Banking

A New Divide In Business Banking?

While traditional banks have taken measures to strengthen their positions with small businesses (SMBs) in recent years, FinTech firms and alternative lenders continue to press further into the SMB market. At the same time, traditional FIs are investing in tech to augment services for large corporates. Their efforts may be fueling a divide between SMB-serving FinTech firms and corporate-targeting banks.

Tech Stumbles As Banks' Compliance Pressure Rises

Collecting data is a vital part of financial institutions' compliance and anti-financial-crime efforts, but they can't go it alone. Acuris Risk Intelligence's Head of Market Planning Nick Parfitt tells PYMNTS about the challenges of collecting, verifying and analyzing information as AML and other compliance requirements ramp up — and why AI isn't the silver bullet to these hurdles.

What's Hot

Amazon Business Prime Hits UK Market

Investors Brace For Rough Q2 Earnings

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Tradeshift Enables Employee Virtual Cards On Demand

Saudi Arabia Launches Invoice-To-Pay Portal

Best Of Yesterday

Fleet Payments Explore The Connected Car Opportunity

Ripple Talks MoneyGram X-Border Payments Deal

Private Sector Not Immune To Late Payments Struggle