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SMB Funding Embraces The Open Banking Way

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The Financial Stability Board this month issued a warning for financial institutions (FIs) that outsource key technologies and functions, warning of " systemic risk " associated with too much reliance on a third-party partner. But it may not always be smooth sailing ahead.

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Turning Currency Volatility Into A Global FX Strategy

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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

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Australian corporate card provider Archa announced a collaboration of payment and open banking technology firm i2c to debut a new corporate credit card program in the country designed to address key pain points for small and medium-sized businesses (SMBs). Archa Collabs With i2c in Australia. ”

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

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A recent report from Deloitte explores how to increase the corporate treasurer’s confidence in mitigating FX risk at their companies, a task the firm said largely depends on identifying less obvious areas of risk exposure. At the same time, a continued dependence on manual analytics can similarly mean a weak grip on FX risk mitigation.

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

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The tie-up is an extension of a current relationship that will have Satago’s offering smoothly linked with Sage Accounting, which will offer clients automated invoice chasing, invoice finance and credit risk analysis in a single system. Amazon Expands Call Center Business Technology With Voice Recognition.

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How APIs Help Banks Step Back From Siloed Business Banking

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It’s in this context that Banking-as-a-Service (BaaS) has emerged to not only connect banks with a single solution they can extend to their own customer bases, but a range of products and services that are all ingrained with each other — from lending to foreign exchange and trade finance, to insurance and payments.

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