alterna Launches abix Bank and Transaction Network

alterna Technologies Group has launched its bank and transaction network initiative , abix (alterna bank information exchange). abix provide s open and reusable standards-based connections for corporate and institutional clients, their accounting systems and their banks. abix-certified interfaces offer a mechanism for processing account balance and transaction information, payments and related messages between alterna’s liquidity management platform, abix member banks and their mutual clients. Customers of member banks will be able to obtain detailed information about their accounts, carry out transactions across these accounts and generate liquidity information using the alterna platform.


Related reading

New consumer banking head for Citi Asia Pacific