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Open Banking—lessons in technology, security and APIs

Accenture

One of the main reasons it took so long to define the Regulatory Technical Standards (RTS) is the challenge around technology and the development of the necessary application program interfaces (APIs)…. The post Open Banking—lessons in technology, security and APIs appeared first on Accenture Banking Blog.

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Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News

PYMNTS

We have deep dives on the financial health of Main Street small and medium-sized businesses (SMBs), digital accounts payable (AP), and GoodRx ’s initial public offering (IPO). . Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc. HSBC To Staff: Stay Off Bank’s Social Media Accounts .

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Why Main Street SMBs Are A Greenfield For InsurTech

PYMNTS

Insurance may not be the most flashy or exciting of industries, but its continued reliance on paper and inefficient underwriting processes makes the market a prime target for technology disruptors. ” Opportunity On Main Street. It’s no surprise, then, that the InsurTech arena has ballooned in recent years.

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Main Street?s Digital Shift, ATM Innovation, PPP Loans Top This Week?s News

PYMNTS

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. NEW DATA: Inside Main Street SMBs’ Digital Shift. Consumers expect secure and fast access to digital tools. FinTechs Help Main Street Find Its Footing. The Flaw In Demonizing Big Tech. SBA reports show that $510.5 Trackers And Reports.

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Report: Overcoming ID Fraud’s Technology Blind Spots

PYMNTS

Senior citizens are the demographic group most vulnerable to identity fraud, as they are often not as digitally savvy as their younger counterparts nor as adept in online security best practices. Large investments in security measures are necessary for banks to protect themselves and their customers from this menace. billion ($8.9

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Equifax Taps IBM Executive As Chief Technology Officer

PYMNTS

Equifax , the embattled credit scoring company announced Thursday (June 14) that it named Bryson Koehler as Chief Technology Officer. Equifax said Koehler will work with the company’s product, data and analytics teams to drive technology and data insights for customers and partners. ” .

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Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

PYMNTS

We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis. Less stringent security steps that are frictionless for consumers may let bad actors in; however, those that require too much work can lead to lost sales.