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B2B FinTech On The Cusp Of Change

PYMNTS

While Lending Club generally focuses its services on consumers, the implications of Laplanche’s resignation have echoed throughout the SME lending space as well and could see a further decline in banks backing small business loans offered through marketplace platforms. 65% of U.K.

Fintech 108
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M-Pesa open API part of wider payments progress

Banking 2020

Open APIs are a key part of wider transformation in the banking industry and will become much more common as regulation forces banks to open up their systems. Effectively this will open up access across the industry to payment processing services and bank accounts held by customers.