Tuesday, 23 April 2024

Best API Initiative - Hang Seng Bank for “Corporate API solution”

5 min read

By The Asian Banker

The winning initiative sets a leading example of real-time automation for collection, payment and forex for securities trading market. The bank’s corporate API solution allows customers to link their personal bank accounts for more efficient collection, payment and reconciliation. The solution significantly improved customer’s cash flow and liquidity management with more efficient collection processes, from three hours to less than five seconds. 

In recognition of its innovative corporate API solutions that provides efficient and secured operations of digital securities in trading industry, the Best API Initiative goes to Hang Seng Bank for “Corporate API solution”.

For full evaluation criteria and scorecard for Transaction Finance Awards, please visit
https://www.asianbankerawards.com/transactionfinanceawards/criteria.php



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