Fintech Hotseat Head-2-Head: Bank Connectivity and Data Transformation

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Description:

Ready access to data from banks is foundational. The richness of that data impacts various operational and analytical areas, from treasury and accounting to accounts receivable and accounts payable. Data is required to feed our developing analytics engines to support better decisions. Meanwhile, it is increasingly important but challenging to execute transactions across many platforms with different banks for multiplying payment formats – all while still supporting robust controls.

Some formats are on track to be retired, while new payment rails and formats add complexity alongside opportunity. Legacy systems continue, but new connectivity methods (such as APIs) expand. Keeping up with the technology “debt” while supporting the new presents technologists and treasury professionals with a conundrum that must be solved gracefully.

Fintechs are addressing these concerns in various ways, using different tools and a multiplicity of partnerships and strategies. Evaluate their approaches as they show and explain how they solve for the hyper-expanding complexity to simplify the missions of both the corporate treasurer and corporate technologist.

The Head-2-Head program shows how different providers address the challenges that plague treasury professionals today. An expansion of the popular Fintech Hotseat (FTHS) Series we launched in 2016 from the floor of the AFP Conference, this new series is hosted online throughout the year, featuring representatives from multiple competitors. Each provider has a set amount of time to respond to a narrow selection of questions and show how their system or solution addresses the key issues of the session.

Please note:  Continuing educations credits were not offered with this event.