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The process can sometimes take months, but a digital trade bank is using APIs to slash the time it takes to onboard corporate customers
The concept of central bank digital currencies are gaining ground, with the recent unveiling of plans by a Facebook-backed collective sending regulators scrambling to erect an alternative that has official legitimacy
Citi says its new digital interface can slash corporate account onboarding to two days. CT asked a treasurer whether he thought it was too good to be true.
Just as others – including heavyweights IBM and JP Morgan – are racing into the cryptocurrency space, Citibank is getting out. Just how useful will this kind of tech be for corporate treasury?