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A Better Way to Anticipate Downturns, TMI Magazine, TMI 191
At an uncertain time for UK businesses, the collaboration between regulators, banks and third-party providers are blazing the way to a new banking revolution through Open Banking. Combined with the Faster Payments scheme and innovations such as virtual accounts, businesses can be more agile and adaptable to the needs of a changing and challenging business environment.
A lasting partnership between Bahrain-headquartered AIG and BNP Paribas has kick-started a number of long-term digitisation and automation initiatives, resulting in improved finance and treasury processes.
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