Wells Fargo launches stablecoin pilot for internal settlement, Salarium eyes the evolution of payroll-as-an-experience, and BlueVine taps PayPal veteran as CCO
| | | | BUSINESS-TO-BUSINESS EDITION | | FinTech/API Efforts Gain Ground in Europe Open banking is opening doors for FinTech and FI collaborations, where cross pollination of financial services and products is gathering momentum. In Europe, new offerings bring real time management of FX and cash positions into focus. |
| Bank-FinTech Collaboration |
| Top Banks Keep Ahead Of FinTechs' Competitive Threat Recent research warns FinTechs are poised to snatch up to 15 percent of banks' payments revenues. But reports say top financial institutions including Goldman Sachs, Citi and JPMorgan have accelerated their investments in these would-be rivals in an effort to get ahead of shifting revenue streams. |
| | Payroll | | Payroll Moves From Administrative Task To Employee Experience Inaccurate paychecks and the risk of fraud aren't the only reasons why organizations are being forced to step up their payroll game. According to Salarium Founder and CEO Judah Hirsch, elevated employee expectations are ushering in an era of "payroll-as-an-experience." He told PYMNTS how this adds to employers' talent retention and digital transformation strategies. |
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