Deutsche cuts correspondent banking ties, U.K. auditors questioned over fraud role and Corevist talks B2B eCommerce’s data integration challenge
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 52019

       BUSINESS TO BUSINESS EDITION

FinTech/FI Collaboration

Cross-Border Efforts Mark Open Banking, API Collaborations

Banks and FinTech (and even bank to bank) partnerships are kicking off 2019 with some notable traction amid Open Banking’s first anniversary, as evidenced by announcements across the pond. APIs are enabling global reach when it comes to offering Banking-as-a-Service. Bud finds some financial backing from buddies with deep pockets — which happen to be among marquee names in traditional banking.

 

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Corporate Banking

Australia Commission: Tighter Regulation Not The Right Move For SMB Lending Misconduct

Australia's Royal Commission publishes dozens of recommendations for the government to address the banking industry's financial misconduct and lack of competition. Yet, despite the nation's Big Four banks admitting to wrongdoing in small business lending, the report recommends not expanding borrower protections to small firms — and small business advocates agree.

 

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B2B eCommerce

Data Integration: The Key To Successful B2B eCommerce

B2B may have a reputation for being technology-averse, but B2B eCommerce is now twice as large as B2C — and growing. Corevist CEO Dr. Sam Bayer says what's holding the industry back from further growth is a matter of data integration. Plus, he tells PYMNTS why Amazon isn't the threatening disruptor in B2B eCommerce some may believe.

 

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