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Faster Payments

Citizens Bank's Corporate Real-Time Payments Play

Small FIs and major retailers say the Federal Reserve can pave the way to provide a ubiquitous, real-time payments (RTP) system. However, The Clearing House argues that its own RTP rails are here and working, while adopting a second system could mean costs and delays. January’s Faster Payments Tracker digs into the debate — plus, Matt Richardson, Citizens Bank’s head of product solutions, talks tapping RTP for corporate real-time payments.

VC Investments

VCs Looking For FinTech Firms To Solve The Pain Of Unpaid Invoices

MarketInvoice's recent investment from Santander and Barclays isn't the only funding round of the week showing support for the invoice finance space. Two other B2B FinTech firms land venture capital (VC) for their factoring solutions, showing VCs' interest in how FinTech can target the pain point of vendors' unpaid invoices.

Where APIs Fall Short On Corporate Finance Integration

As businesses embrace digital apps, integration becomes a headache — and an expensive one, at that, with Cleo researchers linking lackluster integration to $500,000 in bottom-line losses every year. Cleo Chief Technology Officer John Thielens explores how inadequate integration causes businesses to lose out on revenue, and why APIs aren't yet the silver bullet to cross-platform data connectivity.

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