How banks and FinTechs share regulatory stress, Airwallex expands into Europe, and Senate introduces data breach bill.
| | | | BUSINESS TO BUSINESS EDITION | | PARS For A New (B2B Payments) Course
B2B payments are still mired in paper checks â but it neednât be so. Dean Leavitt, CEO and founder of Boost Payment Solutions, says suppliers hold the keys and there are now many ways to get them on board. One acronym that Leavitt says can guide the way: PARS.
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| Ignorance Of Cyber Threat Creates Conundrum For Small Business Data Security
If it's one thing the enterprise has learned this year, it's that attacks can happen to any business â including SMBs. Or, according to the latest data, many small businesses haven't learned this lesson. In this week's B2B Data Digest, PYMNTS dives into new research about small businesses' data security and cybersecurity efforts. Small businesses seem quite confident in their ability to protect themselves and their customers' data, but according to researchers, that confidence is likely misguided.
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| | X-Border | | In Global B2B Payments, Both Banks And FinTechs Face Regulatory Headwinds
Regulation for the world's financial services space is notoriously complex, so while FinTechs may be innovative, they're not always able to break into markets so easily. But traditional banks, too, struggle with regulatory burdens. When the industry moves to disrupt the cross-border B2B payments sphere, regulation can be an uphill battle â for both FinTechs and banks, says Sinead Fitzmaurice, cofounder and CEO of TransferMate. He tells PYMNTS how collaboration is key to keeping positive momentum. Read More... |
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