Funding Circle releases more info on IPO, Chain acquired to merge into Lightyear and Volopa eyes prepaid’s role in FX
 

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September 112018

       BUSINESS TO BUSINESS EDITION

FinTech Collaborations

Cross-Border FinTech Collaborations Gain Traction

Dubai and Singapore have signed a pact that promotes collaboration on FinTech efforts. Elsewhere, such as Mexico, government efforts are aimed at boosting financial inclusion and collaboration across financial services — and APIs, as always, are gaining steam. Welcome to the age of cross-border innovations in payments.

 

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Data & Business Intelligence

Stripe Finds C-Suite Anxieties Over Developer Talent

The C-Suite is now more concerned about having enough software engineers and developers on the team than access to capital, according to a report from Stripe and Harris Poll. Senior executives are optimistic about how their firms will be able to handle tech disruption. The developers themselves? Not so much. A lack of developer talent seems to also have an impact on an organization's ability to manage the digitization journey.

 

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FX

Prepaid Takes Its Place In FX Management: Volopa

International growth has corporates exposed to foreign exchange volatility risks, from cross-border supplier payments to business travel. As more executives perk up to this threat, Volopa executives Graham Smith and Jay Wissema say prepaid cards are uniquely positioned to mitigate key areas of risk in global payments for corporates. SMBs in particular, they told PYMNTS, must educate themselves on the risk — and the availability of mitigation tools.

 

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