On October 31, millions of American children (and some young-at-heart adults) will dress up and go trick-or-treating for Halloween. But in the banking world, it’s the Brits who have all the treats as the country’s top banks prepare to open their APIs to licensed startups by the January 13, 2018 deadline. Read more.
Over the last decade, payment acquirers have made leaps and bounds in FinTech innovation — for instance, major players like PayPal, Intuit, Stripe, and Square have completely reinvented the acceptance process. Meanwhile, payment issuers and retailers are mired in legacy systems that are preventing many transactions from becoming the seamless experience they should be in 2017. Read more in Payments Cards & Mobile.