The evolution of technology and the global business environment has created both
challenges and opportunities for corporations. Companies navigating today’s 24/7
business cycle need faster access to accurate banking data to meet client needs, including account balances and transactions, than is available through traditional methods.
Open banking seeks to solve for this challenge while also presenting opportunities to
integrate with innovative financial services providers—yet an inconsistent regulatory
environment and a lack of technical standardization in some jurisdictions has delayed
expansion of the open banking ecosystem, especially to corporates.
Citi is committed to empowering corporate clients to unlock the value of open
banking within their organizations. From optimizing the corporate treasury function with near real-time data visibility across banking relationships, to tapping into cutting-edge tools and solutions from the fintech sector, Citi’s open banking solutions can support corporate clients’ immediate needs and play a critical role in helping to future-proof their business operations.
Learn more here.