| Why Banks Are Coming Around To Data Sharing
Collaborating with FinTechs is a no-brainer for traditional banks. Partnerships mean FIs don't have to build their own solutions in-house while still offering their SMB customers better high-tech services. But data sharing? Now that was a bit more difficult for the FIs to get on board with, says Izabella Gabowicz, COO of receipt and spend management company Sensibill. She tells PYMNTS why banks were finally able to embrace the APIs that further propel the collaborative nature of FinServ.
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| Millennial Entrepreneursâ Optimism Is Booming â Hereâs Their Top Concern
Millennials now take up a greater portion of the U.S. population than baby boomers, and theyâre quickly growing their presence in the small business community. New data from First Citizens Bank shows millennial entrepreneurs are the most optimistic â both about their businesses and about the broader economy. But there are a few concerns they have on their minds, the survey found. PYMNTS dives into the data points.
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| | Platform Governance | | Facebook: Too Big To Govern?
Facebook will make its third trip to Capitol Hill tomorrow to answer lawmakersâ questions about its role in letting the Russians meddle in the outcome of the 2016 U.S. presidential election. Karen Webster says that the general issue of fake news and fake accounts on social media isnât all that new â but does raise some interesting concerns now regarding platform governance. For one, what happens when platform owners fail to balance the need to make money, the interests of their investors and the needs of their key stakeholders? And when do regulators move in to fill the void? Read More... |
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