PNC on fighting pandemic-fueled financial crime, ePayments ease B2B friction in the travel industry, and Revolut integrates with Clear Books
| | BUSINESS-TO-BUSINESS EDITION | How ePayments Can Ease B2B Friction In The Travel Industry The pandemic has hurt the travel industry severely and forced a reckoning in B2B payments within the space â particularly in the bid to reduce manual processes, reduce costs and build trust. As Xavier Ginesta, chairman at Voxel Group, tells PYMNTS, eBilling and ePayments can re-engineer the old-fashioned ways that worked but now need an overhaul. |
Bank-FinTech Collaboration |
FinTechs Aid Banks In Their Own Open Banking Initiatives Open banking initiatives and bank-FinTech collaborations continue to expand in an effort to improve the financial services offering for small and medium-sized businesses. This week's look at these partnership and data integration efforts finds a focus on small business lending and compliance, while some newly-forged partnerships are also looking to help banks strengthen their own FinTech collaboration agreements. |
| Preventing Financial Crime Playbook | How PNC Is Fighting Pandemic-Fueled Financial Crime Financial crimes are increasing amid the COVID-19 pandemic as fraudsters impersonate tax officials to steal personal data. And, automated systems or human intuition alone is not enough. In our inaugural Preventing Financial Crime Playbook, PYMNTS spoke with Debbie Gould, chief security officer at PNC Financial Services, about what financial institutions (FIs) must now do to help curb virus-centric scams. | | |
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