API Advantages: Real-Time Processing & Visibility for Treasury

Wed, 08/09/2017

Will PSD2 open the door to new ways of sending payments? “PSD2 mandates that banks open up their platforms through APIs to payment services providers and account information service providers to be able to initiate payments or provide account information,” said Bob Stark, vice president of strategy for Kyriba. “That’s where it all started; it forced banks to publish APIs and connect to technology providers that want to specialize in initiation and delivery of payments." 

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