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This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-partyserviceproviders have also boosted their data-sharing capabilities to empower those financial serviceprovider tie-ups.
Clark emphasized the importance of third-partyserviceproviders delivering a clearer message to accounts payable departments. But as is often the case in B2B payments, the AP world’s relative satisfaction with checks — despite their many drawbacks — might be chalked up to, “You don’t know what you don’t know.”.
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