Open banking is already a reality in the UK and Europe, and it’s only a matter of time before it blossoms in the U.S. market. Fintech stands ready to enable SMBs to reap benefits from ‘open banking,’ revolutionizing treasury management for small and medium businesses by leveraging their cash-on-hand in the same way large corporations do, without the costly overhead.
The right fintech tools can allow SMBs to derive revenue from their cash and turn their financial departments into revenue generators. Fintech will deliver solutions that let SMB CFOs accurately track their cash flow in real-time and monetize short-term cash without having a department full of people dedicated to the task.
Treasure CEO Sam Strasser will talk about the potential for fintech to drive open banking, how companies can capitalize on their transaction data, and what value those data have. He will also discuss how open banking can be transformative to ambitious and savvy SMBs in the U.S. and how open banking can supercharge treasury management and boost business growth.