FI.SPAN's message from FinovateFall in New York City this past September is still resonating across the country. CEO, Lisa Shields, took part in a Q&A with David Penn from Finovate to get a deeper understanding of the company. Read the full article here.
" The solution helps banks open up a new business banking channel via accounting and ERP apps which, "embed(s) your brand and your products into your client's daily workflow.""
- Lisa Shields, FI.SPAN CEO
I recently read a great article in Payments Source that reminded me of some of the problems we were trying to solve when we first architected FI.SPAN. FI.SPAN is meant to answer some of the issues that banks face when dealing with API development and FinTech collaborations. Specifically, the security, monitoring, implementation and standardization issues around these APIs are hard for banks to tackle on their own. We have taken these issues and created a platform that is secure, scalable, and optimized for banks’ needs. Our goals of making APIs reliable, reducing implementation costs and saving time have made FI.SPAN into the product it is today.
The article brings up a few interesting issues:
Exclusively about FI.SPAN, Bank Innovation's article shares the thoughts of CEO, Lisa Shields, on the topic of how the bank-fintech relationship is evolving, and where FI.SPAN is positioned to help. Read the full article here.
"The startup works to integrate banks with third-party tools and services that will help build an ecosystem of open banking, albeit one that will allow "banks to hold on to their privacy, even in the era of fintech,"
- Lisa Shields, FI.SPAN CEO
CEO, Lisa Shields, shares specific insights and explains that FI.SPAN sees both sides of the picture when it comes to Banks and FinTechs. Her interview with American Banker illustrates quite clearly that FI.SPAN is in a great position to leverage the common good for both parties. Read the article to see what else she has to say.
Today, companies large and small are investing resources into using blockchain and distributed ledger technologies, in what some may later view as the golden age of blockchain development. Interestingly, many of these investments are made with the aim of moving B2B operations for companies, from auto manufacturers to financial firms, into the fast lane.
The November edition of the PYMNTS B2B API Tracker, a FI.SPAN collaboration, looks at the latest developments in blockchain and distributed ledger technology, along with other news and headlines from around the B2B API space.
“ When it comes to transferring bank payments from one bank to another, we’re able to turn a three-day settlement time into a five-minute settlement time."
- BRIAN BEHLENDORF, executive director of Hyperledger