Some SMBs see their HSBC accounts frozen, Sears vendors flee amid default risk, and Deutsche Bank eyes new challenges from API boom.
| | | | BUSINESS TO BUSINESS EDITION | | New York State Of (Cybersecurity) Mind
New cyber rules are taking effect in New York state, with wide-ranging impact for financial services players near and far. Brexit gets down to business on data protection, and Down Under, underworld activities are raking in the (digital) dollars.
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| SMBs' Focus On Financial Expertise Leads Growth Strategy
Funding for U.K. small businesses is in decline, which means entrepreneurs are looking at other strategies for growth. PYMNTS examines some of the latest research around how SMBs operate in a market marked by uncertainty, with many focusing on hiring financial professionals or even looking at geographic location to gain the best chance for success.
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| | APIs | | Corporate Banking Readies For New Challenges From Open APIs
As open API technology ushers in a new wave of FinServ innovation, some of the largest disruptions can be felt in the corporate banking space. David Watson, chief digital officer of Global Transaction Banking at Deutsche Bank, tells Karen Webster that APIs have fundamentally changed how FIs approach product development, but are also introducing new problems and challenges for the banks. Watson offers his take on what the innovators should focus on next. Read More... |
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