Citi’s Treasury and Trade Solutions (TTS) has launched an application programming interface (API) solution for payment initiation, payment status and account balance inquiries through its connectivity platform CitiConnect.
As Banking Technology reported late last year, Citi unveiled a new global API developer portal, which it claimed to be the most comprehensive to date in the financial services industry.
In this latest development, the CitiConnect API allows its treasury services clients to directly connect with Citi to access services using their own treasury workstations or enterprise resource platform (ERP) “providing convenience, potential cost savings and reduced risk”. Citi supports API-based integration across 96 countries.
