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Bectran Augments Cash Application With API. Among the new features is an open application programming interface (API) designed to address the variety of formats that FIs use to provide paymentdata. Equiniti Eyes APIs for Risk Management. Yes Bank Woes See API Disruption. Yet maturation is low.
Instant payment systems have been launching in countries around the world as financial institutions (FIs), governments and various payment organizations seek to introduce technologies that can sate businesses’ demands for more streamlined exchanges of money with plenty of paymentsdata. Direct Connections .
While commercial real-time payments became available in the U.S. But this has been the domain of larger financial institutions, especially when communitybanks and credit unions are included. Last month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payment technologies to communitybanks.
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