Amex closer to China entrance, Extend eyes v-card for expense management, and Deutsch Bank plans corporate banking cutbacks.
| | BUSINESS TO BUSINESS EDITION | How To Future-Proof A Financial Institution The pace of payments evolution isnât about to slow down and wait for financial institutions to catch up. Instead, FIs must take the steps to âfuture-proofâ themselves against the unknowns that lie ahead. Troy Hagey, KPMG, outlines how this can be done â and why itâs a must for banks. |
India's Alternative Finance Sector Shines Bright With Investors Asia's FinTech market saw $2 billion in fresh funding during the first quarter of this year alone, according to CB Insights, with India and China two particularly strong markets in the region. This week, Asia's B2B FinTech investment game was certainly strong, with funding concentrated in â you guessed it â India and China, thanks (in part) to Amazon's high-profile investment in Capital Float. |
| Commercial Cards | A Virtual Solution To Corporates' Prepaid Card Woes Pre-loaded debit cards are often employers' choice for addressing the friction associated with employee expense reports. But with the freelance community quickly growing and employers reluctant to hand over the tool to a gig worker, prepaid cards may no longer be an option, says Andrew Jamison, CEO of Extend. Virtual card technology can address this challenge, he tells PYMNTS, but issuers have to get on board with the technology for broader adoption. | | |
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