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SMB Funding Embraces The Open Banking Way

PYMNTS

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. FinTech partners include small business credit risk analysis company AccountScore and small business data company Codat.

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Turning Currency Volatility Into A Global FX Strategy

PYMNTS

Exposure to the risks of endless shifts of foreign exchange (FX) rates keeps executives on their toes: Deloitte recently found FX volatility to be the most common concern among surveyed corporate treasurers. Yet, understanding and developing a clear strategy for FX risk mitigation can be elusive, even for the largest firms.

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M&A, Open Banking Drive Commercial Card Innovation

PYMNTS

Designed for firms with between two and 200 employees, the card program underwrites SMBs through Archa’s proprietary machine learning-powered risk analysis technology. Payhawk is able to operate in unison with businesses’ existing bank accounts, however, thanks to Europe’s PSD2 and open banking regulations.

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CFOs, Treasurers Are The One-Two Punch Against FX Risk

PYMNTS

Whether it be through an overload of data , inaccurate or slow analytics processes or a system that can’t take into account new and ongoing global events that impact the FX markets, just because a company has deployed an analytics solution does not mean it will prove effective in mitigating FX risk.

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Today In B2B: Sage Collabs On Cash Management, Aareal Bank Debuts B2B Payments Platform

PYMNTS

Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement. FinTech firms Cobase and Ebury are now working together to roll out Ebury's foreign exchange services on Cobase's multi-banking platform, according to a press release.

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World’s Best Sub-Custodian Banks 2024: Regional Winners

Global Finance

Additionally, this suite of custody services is integrated with the bank’s transaction banking and foreign exchange offerings to ensure seamless management of custody-related transactions. It includes middle office support from the bank’s partnership with State Street to provide world-class fund accounting services.

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World’s Best Sub-Custodian Banks 2024: Regional Winners

Global Finance

Additionally, this suite of custody services is integrated with the bank’s transaction banking and foreign exchange offerings to ensure seamless management of custody-related transactions. It includes middle office support from the bank’s partnership with State Street to provide world-class fund accounting services.

Banking 52