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Jaja Buys Bank Of Ireland UK Card Business

PYMNTS

The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. FinTech market had a strong showing last year, with venture capital and private equity investments hitting $3.3 FinTech startups increased 57 percent to $1.6 To acquire the Bank of Ireland’s U.K. consumers, according to reports.

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Breaking Batch (Payments): BNP Paribas On APIs And Making B2B Payments Faster

PYMNTS

A survey of Hong Kong and Singaporean bankers, for instance, found that 23 percent are wary of adopting APIs because of unclear regulations. FinTech firms show less reluctance, however, and many of these companies are seizing APIs to launch new offerings for SMBs. One-third of U.K.-based

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Is your business ready for the data-sharing future?

NCR

Financial institutions will also be affected by the EU’s General Data Protection Regulation (GDPR) when it is implemented in May 2018. These new rules will place a number of new requirements on businesses in terms of how they collect, store and use personal data. Bank of America piloted this system with two data aggregators.

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APIs Help FIs Keep Pace With B2B Clients’ Faster Payment Needs

PYMNTS

Europe’s open banking regulations have forced financial institutions (FIs) to use APIs to open their data to FinTechs, which has resulted in many new services for businesses. APIs are changing how banks serve their corporate customers, helping them become more competitive. Faster payments rails] existed before.

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Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

Today, the bots are still being used across industries like fintech, healthcare, sales and CRM, retail, and even law — and they’re having important, though quiet, effects. Fintech: Contract review & bill negotiation. Fintech: Contract review & bill negotiation. Table of Contents. Get the full report.