Italian banking group UniCredit has teamed with Italian FinTech company FinDynamic to enhance its working capital offering for corporate clients. The partnership will allow bank clients to offer suppliers early …
Read More »Impending B2B payment revolution in Russia
As is the case around the world, business-to-business (B2B) payment solutions in Russia are lagging behind business-to-consumer (B2C) solutions. In fact, B2B transfers are still a relatively painful process in …
Read More »New Sberbank service protects against non-fulfillment of obligations
Sberbank has announced a new service for corporate clients that will guarantee the fulfillment of a supplier’s obligations or give a full refund. The service also works in the other …
Read More »Tinkoff launches free financial accounting service for entrepreneurs
Tinkoff has launched a free financial accounting service for entrepreneurs to analyze and monitor the state of their business. The service allows users to: plan, group and analyze cash flows, …
Read More »New Kazakhstani financial services group created to better leverage digital technologies
Kairat Mazhibaev, Chairman of the Board for RESMI Group, has announced the creation of the Respublika Financial Systems Group. This new Group is planned to be an umbrella brand for …
Read More »Video: B2B versus B2C
When marketing a product or service, it is crucial to have a clear understanding of the difference between business-to-business (B2B) and business-to-customer (B2C) products and services. Explore the key elements …
Read More »8 steps to ensure a financial institution doesn’t survive past 2030
It is estimated that 80% of financial institutions will either go out of business or be irrelevant by the year 2030. Here are 8 steps that will ensure your financial …
Read More »Using open banking to match consumer needs
With open banking beginning to emerge as a new reality across the globe, it is no great surprise that banking consumers are also opening themselves up to participation in open …
Read More »3 ways for financial institutions to shift their focus to consumer value
In the past, financial institutions prized a well-established brand as the ultimate goal for attracting consumers and maintaining consumer loyalty. In the digital and open banking age, however, consumers are …
Read More »Open banking for the corporate sector
Recently, Accenture surveyed more than 650 businesses as well as 100 global banks to get their take on open banking for the corporate sector. The survey found that 77% of …
Read More »Banks for entrepreneurs
Today’s entrepreneurs are used to taking advantage of new and innovative solutions that automate operations and make doing business easier. As such, banking is an important consideration for them. While …
Read More »The ultimate winners of open banking
In the aftermath of the 2008 global financial crisis, European regulators found it important that banks have more competition and consumers have greater choice. This has eventually led to the …
Read More »The beginning of the open banking era in the UK
Open banking reforms are now over one year old in the United Kingdom (UK). In this relatively short period of time, 67 firms have begun using open banking technology. Moreover, …
Read More »Polish banks reluctant to embrace open banking
With open banking growing in popularity across the globe and the Second Payment Services Directive (PSD2) coming into full force, many Polish banks are reluctant to embrace open banking. Leaders …
Read More »Open banking to begin a new data economy in Australia on July 1
The Australian government has announced that it will begin phasing in recommendations from the Open Banking Review beginning on July 1, 2019. Once fully-implemented, open banking will give Australian consumers …
Read More »European payment provider launches open banking platform
European payment provider Klarna has announced the launch of its own open banking platform. The platform will provide access to more than 4,300 European banks through a single API in …
Read More »First-ever open banking service to help people get out of debt
AccountScore, together with The Insolvency Panel, has announced the launch of the first ever open banking service designed to help people get out of debt. The service auto-populates consumer income …
Read More »Russian insurers, intermediaries discuss API integration
The Digital Tools for the Development of Insurance Product Partner Sales roundtable was held in Moscow, a first-ever discussion between insurance companies, intermediaries and IT experts in the country. The …
Read More »New platform makes financial products easier
A new platform called Goodfin now serves as a single access point for consumers looking for financial service providers such as banks and microfinance institutions (MFIs). Goodfin differs from similar …
Read More »Sberbank launches 3 new payment services
Sberbank now offers three new ways of making payments that are faster and more convenient. The first is called “B2B Corp Checkout”. It allows legal entities to add a button …
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