Article: Open Banking Bolsters Corporate FinServ, From India To Italy

Money, Open Governance

Open Banking Bolsters Corporate FinServ, From India To Italy

Open banking is a global phenomenon, and as more banks and FinTechs collaborate to unlock customer data for enriched banking experiences, partners are increasingly eyeing small businesses and corporates as key targets of innovation. This week’s bank-FinTech collaboration roundup explores the latest tie-ups from Italy to India, and beyond.

Israel’s Mizrahi-Tehafot Bank is working with Finastra to bolster its cross-border payment capabilities, the firms recently revealed. In a press release, the companies said Finastra will integrate its Fusion Payments To Go solution, designed for smaller financial institutions looking to strengthen their global payment capabilities.

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Article: FinTech brings open banking benefits to corporates

Money, Open Governance

FinTech brings open banking benefits to corporates

North West FinTech scale-up AccessPay has launched a new treasury solution for corporates using open banking.  Enabled by Yapily, an open banking infrastructure provider, it will provide thousands of UK businesses real-time visibility into their cash position and transaction flows. 

The integration enables AccessPay users to connect and aggregate their entire corporate banking estate at the click of a button, which the firm says decreases the time-to-value for corporates from months to minutes.  

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