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Citi Links To Treasurers Via API

PYMNTS

28) the launch of an API to connect its clients operating in the treasury services industry to critical Citi services. According to a release , the bank’s Treasury and Trade Solutions (TTS) unit is rolling out the CitiConnect API to help treasury service providers link their own treasury and ERP solutions into Citi.

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B2B FinTechs Get Creative With Open Banking Use Cases

PYMNTS

No longer is open banking solely for consolidating financial information into a single platform for one end user. Acumatica Links Its ERP Into Bank Data. Integrated into its ERP solution, the new feature links electronic banking fees to corporate card spend, allowing for automated receipt creation. In the U.K.,

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What Is an ACH Payment Facilitator?

Stax

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Let’s get started.

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Citi Launches Citi Payment Insights For Institutions

PYMNTS

Citi announced Monday (July 16) the launch of Citi Payment Insights, a new service that gives institutional clients access to real-time payment information and the ability to action payments on demand via the CitiDirect BE electronic banking platform.

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The New Colossus

PYMNTS

Different algorithms within the decision flow help to reduce time to customer decision like electronic bank statement data parsing models.”. Finally, the completed agreement goes to the customer for review and digital signature, and the funds typically appear in their bank account within 24 hours.