NACHA acquires Business Payments Directory Association, TROY sounds B2B check fraud warning, and Wells Fargo launches Control Tower
| | | | BUSINESS TO BUSINESS EDITION | | In Philippines, Supply Chain Financing Via FinTech Governments are partnering with FinTech firms to boost competitiveness in lending, borne out by one recent announcement in the Philippines. Elsewhere, FinTech firms find a voice on the Hill, and will pay for lobbying efforts in cryptos. |
| Survey Shows EU Treasurers Find PSD2 Irrelevant PSD2 has been lauded as a game changer for the EU's financial services space. However, most treasurers in a recent survey say Open Banking regulations are irrelevant to them â with some admitting they hadn't even known about PSD2. At the same time, treasurers eye APIs as a potential disruptor, suggesting Open Banking may have more of an impact than they think. |
| | Accounts Payable | | Businesses Being Blindsided By Check Fraud, TROY Warns Paper checks may not be leaving accounts payable anytime soon, and itâs exposing companies to the risk of fraud â more than they may think. A new report from TROY Group finds addressing check fraud is lowest on organizationsâ priority lists, and itâs a costly mistake. TROY's Heather Campbell speaks with PYMNTS about some of the many ways B2B check fraud eats away at company coffers. |
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