Rather like the Web did in the early 21st century, open application programming interface (open API) is set to radically transform the industry and the winners will be those who recognise and utilise its potential.
This two-part article examines the development of open banking, aka application programming interface (API) banking, and the resulting benefits both for banks and their corporate customers.
BELLIN CEO and founder Martin Bellin visits the international music publishing and rights managing company BMG at their Berlin headquarters to talk treasury and interview treasurer Swen Scholz, with a focus on the company’s extensive netting practice.
India's gross domestic product (GDP) growth failed to meet expectations in Q2 as it slumped to 5.7%. However, India's IT industry is thriving. It contributes roughly 10% to the country's GDP and makes up about 25% of exports.
From music festivals to motor racing, events and festivals are an integral part of the move to a cashless society, reports SIX Payment Services.
The insurance industry will also benefit as private businesses increasingly bypass the public internet and communicate with one another direct, predicts Equinix.
The information and communications technology sector is suffering a triple whammy from slower growth, thin profit margins and fierce competition, claims Atradius.
The European police agency recorded an 11% increase in incidents worldwide over the 12 months to March this year.
Businesses are looking for speed and convenience for cross-border transactions and the good news is that real-time international payments are on the way.
Why it’s time for commercial banking to dispel the myths and fully embrace the digital revolution that has radically transformed other industry sectors.