Santander upgrades business payments infrastructure, Flinks talks Open Banking in Canada, and Square won't become a bank yet.
| | | | BUSINESS TO BUSINESS EDITION | | For Some Banks, FinTech Spawns Staffing Spree, Others Cut Jobs Some banks eye FinTech as a lure for hiring, others as a spur for cutting some positions. Depends on where one looks, it seems, across Europe. Also, in Russia, small- to mid-sized business lending gets a digital shift with a bit of help from crowdfunding while, elsewhere, FI and FinTech links stand rooted in business lending, too. |
| B2B Investors Back The Enterprise's Digital Revolution Some companies struggle to let go of paper and legacy infrastructure, but venture capitalists this week are focusing their support on B2B startups looking to pull the enterprise up from the past, and propel them into the future of technology. That means Internet of Things, data analytics and robotics process automation, three areas that saw particularly high funding rounds in this week's B2B venture capital roundup. |
| | Corporate Banking | | Canada's FinTech Firms Move Posthaste Toward Open Banking Canada has yet to adopt Open Banking regulations but, for many, a PSD2-look-alike is coming. Flinks, a startup that facilitates data sharing between FIs and third parties, wants to get ahead of the game, even before a regulatory mandate. CEO Yves-Gabriel Leboeuf tells PYMNTS why Canada's FIs are coming around to data sharing, and which areas of corporate finance could see the greatest disruption. |
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