Founded in 2019 in the U.S.A., the technology company Banyan is pursuing an atypical objective. It aims to seamlessly connect American retailers to banks and fintechs, feeding the latter with transactional data from store and Web customers, and enrich their services.
Indeed, retailers have a huge amount of customer data, but the banks and fintechs that control the payment side of their businesses find themselves painted into a corner as they are not connected together.
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“We are developing a...