FI.SPAN rebrands the API for banks, concerns mount over drop in correspondent banking, and Uber facing FBI investigation.
 

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September 112017

       BUSINESS TO BUSINESS EDITION

Virtual Cards

Virtual Cards' Role In B2B Payments Digitization
 

B2B payments are making steady progress toward electronification, and ACH is the clear leader of the pack. Commercial cards? Not so much. But Regal Software CEO Kofi Conduah says virtual cards can play a vital role in the digitization of accounts payable, thanks to the speed and efficiency of the technology — if, he tells PYMNTS, businesses choose the right solution.
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Data Digest

Some SMBs Dangerously Ignorant To Cybersecurity Threat
 

Analysts warn small businesses are not only just as much of a target for cybercriminals as large organizations, but in some cases, even more so. That makes the latest research from MYOB all the more concerning, as a fair number of small businesses think they aren’t a threat and don’t plan to improve their cybersecurity measures. The reason? Many feel their current antivirus software is enough, a dangerous mindset, as cybercriminals become more sophisticated.
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B2B APIs

FI.SPAN: APIs That Pack A B2B Punch
 

“API” has gone from buzzword to buzzkill in the banking sphere and will stay that way until someone changes the language of the pitch. FI.SPAN CEO and Co-Founder Lisa Shields says that the unfortunate reality is that banks today use “API” as shorthand for the solutions they need to solve any problem they have. But once someone helps them tackle the right problems using the right API solution set, Shields says banks won’t care anymore what fancy acronyms they use to describe it.

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