Banks are often slow to adopt the latest technology, and in many cases that is warranted. As highly regulated institutions tasked with protecting valuable data, banks understandably want to avoid “running with scissors.” By starting slow with simply implementing APIs in a few areas, they can begin to modernize and ultimately provide streamlined payments solutions, like RTPs, to their largest pool of customers. Read the full story on Trade Finance Global.
One of Episode Six’s goals is to help companies around the world with digital transformation, enabling them to easily adapt to shifts in market demand. The Financial Revolutionist
The four new partners have joined the Visa Fintech Fast Track program and will collaborate with Visa to enable faster go-to-market for fintechs that want to build, test and launch new payment solutions. Finextra
BBVA’s not sure if consumers or merchants will want to use an e-commerce marketplace to make bill payments in the same way they buy clothes — but if they do, BBVA wants to be the one to provide the necessary technology. PaymentsSource
Following recent moves by PNC and JPMorgan Chase, expect to see a “snowball effect” as financial institutions aim to boost security and control of personal information. BankingDive
Global payments company, Visa, recently joined hands with four global finance firms to help fintechs in over a dozen Asia Pacific markets launch digital payment solutions. Moneycontrol.com