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SMB Funding Embraces The Open Banking Way

PYMNTS

FinTech partners include small business credit risk analysis company AccountScore and small business data company Codat. Poland's mBank Taps Treasury Pricing FinTech. Poland's first fully-digital bank, mBank , is collaborating with kACE to integrate the FinTech's treasury pricing technology.

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How APIs Help Banks Step Back From Siloed Business Banking

PYMNTS

and into the business banking segment, as financial institutions (FIs) explore ways to improve their B2B services and compete with more agile FinTech firms. “They risk becoming commodity product providers if they do not diversify and offer a customer experience that rivals those of the big tech firms and non-banks.”

Banking 77
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M&A, Open Banking Drive Commercial Card Innovation

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Designed for firms with between two and 200 employees, the card program underwrites SMBs through Archa’s proprietary machine learning-powered risk analysis technology. Together, the companies are rolling out an offering that arms SMBs with commercial cards without the need for a personal guarantee, according to a press release.

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

PYMNTS

Today in B2B payments, Amazon takes advantage of cloud adoption with expanded call center functionality, while Sage collaborates on small business cash flow management. Meanwhile, Aareal Bank launches a new B2B payments platform, Cobase teams up for FX and eCapital acquires a commercial lender. Cobase, Ebury Team Up On FX Payments.

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

PYMNTS

At the same time, a continued dependence on manual analytics can similarly mean a weak grip on FX risk mitigation. Deloitte highlighted a greater margin of error and more time connected to manual risk analysis processes.