(30 September 2021 – Global) Standard Chartered has partnered with FinLync, a global Financial Technology (FinTech) platform, to empower corporate treasurers (CTs) with seamless onboarding experiences when connecting to the group’s Application Programming Interface (API) offerings.
This proposition will enable CTs to make financial decisions much faster and with more precise information, giving the bank a distinct competitive advantage over its rivals.
FinLync are market leaders in API connectivity. The agreed partnership will bolster Standard Chartered’s commitment to developing more API offerings. Overall, the main benefits to CTs will be around the clock access to mission critical information and better control and visibility over financials.
“Beyond the building of APIs, we recognise the need to take the next step in ensuring that corporates can access these solutions in a fast, secure and easy-to-use manner, to fully deliver the benefits of this seamless connection” commented Standard Chartered Head of Cash Management, Philip Panaino.
“We are excited to work with FinLync, the leading authority in bank API connectivity, and believe this partnership will help our clients rapidly unlock more value from the market-leading APIs we develop for the corporate finance industry” he added.
“Building connections from scratch is a lengthy and costly process that can take months or years for just a single API. FinLync turns this previously complex connectivity challenge into a simple plug-and-play process. You get rid of bank files and middleware but get all the connections you need, plus real-time data and expanded data points, without having to manage the connectivity. We are excited to partner with Standard Chartered to make their bank API offerings immediately accessible for corporates” commented FinLync CEO, Phillip Klein.