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financial institution HSBC is rolling out a suite of APIs (application program interfaces) designed for corporate treasurers to more seamlessly initiate financial transactions. Reports in Treasury-Management on Wednesday (Jan. 15) said HSBC announced the launch of its TreasuryAPIs in 27 markets around the world.
.” The friction associated with manually downloading data across banking and financial platforms, and then having to normalize it to make it usable, presents a significant opportunity for open banking initiatives and APIs in the corporate cash management space. Even so, Turner said U.S. ”
Payments messaging company SWIFT said it will test gpi Link, “a gateway to interlink eCommerce and trading platforms with the SWIFT gpi payment service.”. The proof of concept is designed to “bring the benefits of gpi payments’ speed, ubiquity and certainty to distributed ledger technology (DLT)-enabled trade.”
Miami-based Apollo Bank is turning to a third-party FinTech to strengthen its corporate payments and treasurymanagement offering. The bank recently announced a partnership with CheckAlt to adopt its lockbox technology, allowing corporates to automatically accept, process and reconcile check payments. Germany- and U.S.
Further, the financial risks of this challenge expand into areas like payments fraud and cyberattacks, with Lutz pointing to the growing sophistication of such crimes, and the increasing complexity of identifying them and mitigating these risks. and other markets’ Open Banking initiatives like the revised Payment Services Directive (PSD2).
Payments messaging company SWIFT said it will test gpi Link, “a gateway to interlink ecommerce and trading platforms with the SWIFT gpi payment service.”. The proof of concept is designed to “bring the benefits of gpi payments’ speed, ubiquity and certainty to distributed ledger technology (DLT)-enabled trade.”
The B2B payments market is already enjoying a solid year, thanks to some of the biggest names in payments and FinTech taking a solid stance in the space. PYMNTS takes a look back at some of the most popular B2B payments stories of the year so far. Mastercard , too, has been making deeper inroads in the commercial payments space.
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