Google offers Fed advice on FedNow, Profituity explores B2B’s paths to ACH adoption, and WEX to manage Valero fleet card portfolio
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

December 17, 2019

       BUSINESS-TO-BUSINESS EDITION

Cross-Border Payments

APIs Explore The Opportunity Of Mid-Market Liquidity Management

While application programming interface (APIs) have transformed the financial services space, data integration initiatives haven’t necessarily prioritized the middle-market business community. That’s gradually changing, says AccountsIQ Chief Operating Officer Darren Cran, who spoke with PYMNTS about the biggest opportunities for APIs to transform liquidity management through improvements in cross-border payments, access to real-time data and more.

 

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Open Banking

Open Banking Casts Global Net

Open Banking continues to proliferate through the global financial services market, with the U.K. far from the only region with a regulatory framework. South Korea and Israel are among the markets taking their first steps toward open banking regulations, while the FinServ markets of Australia, the U.S. and elsewhere embrace the business model, too.

 

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ACH Payments

B2B Payments Explores An Alternative Path To ACH Adoption

To ease B2B payments’ biggest friction points, third-party service providers may offer technology that automates check processing, or ACH payment processing capabilities. But there is a third route to ACH adoption in the business payments sphere that Profituity President and CEO George McKee III says shows even greater promise: Enabling businesses to become their own payment processors. He spoke with PYMNTS about the biggest hurdles and opportunities to easing businesses’ reliance on third parties.

 

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