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Balance & Transaction Data Collection

Background

Many years ago the variation in the banks' standards and procedures for both bank account balance and transaction reporting, and payment instructions created the need for general bank balance and…

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Connectivity

Bank of America spreading APIness

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New API support revealed this week allow the bank's clients to trade and settle FX payments and enhance real-time treasury management.

Connectivity

ISO 20022 in focus with SWIFT and Citi

Digital financial messaging concept

While ISO 20022 provides the potential for reduced friction, it will be up to the industry and individual institutions to adopt this new paradigm.

Connectivity

Ripple enters the ISO 20022 fray

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It joins the ISO 20022 Standards Body less that two months after SWIFT pushed back adoption of the standard for cross-border payments.