API Services can be offered by Global Banks to Service their Corporate Clients

API Services can be offered by Global Banks to Service their Corporate Clients

Very exciting to observe that,

• Globally, banks today are concentrated on payment-centric application programming interface (API) strategies.
• In the next two years banks will move to a wider corporate transaction banking-based API plan, offering access to transaction banking processes: cash management, liquidity management, and treasury.
• Collaboration with financial technology companies has become a foundation for any bank's API plans.

ResearchAndMarkets.com reveals that, Forward-looking banks will start opening application programming interfaces as a competitive tool to collaborate with their corporate clients in business-to-business transactions that span all global corporate banking processes.