Treasury Management Internation Logo

New payments API from TreasuryXpress: “Treasury management solutions join the FinTech phenomenon”

Published 

New York – TreasuryXpress, global leader in frictionless and on-demand treasury management solutions today announced the full launch its new API, Payment+.

The first ever API built specifically for corporate treasury, Payment+ is the latest addition to the TreasuryXpress Store, the industry’s first and only online store for treasury management software. Payment+ was designed for use by both treasury professionals who need to translate their ERP payment files into bank-ready formats. The API may also be used by ERP, Payment, or TMS providers who would like to reduce their own banking formats library limitations.

The new API delivers an easy, self-service means to automatically generate bank-ready payment files from their ERP or TMS. With built in “go/no-go” format validation features, Payment+ automatically identifies and provides a full analysis of any non-conforming fields to produce a fully bank-ready file. After validation, the Payment+ API converts ERP data into bank-ready ISO20022 Customer Initiation message payments that follows bank, country and payment type rules.

“The API is the future of treasury. Corporate treasurers have long struggled with trying to solve basic yet imperative challenges with expensive TMS solutions that take a long time to implement and do not always provide a full solution,” says Anis Rahal, CEO and Founder of TreasuryXpress. “By delivering critical treasury capabilities via affordable APIs, treasurers can get exactly what they need without having to pay a fortune for it and without having to wait through lengthy implementations.”

ERP, Payments, or TMS providers leveraging the Payments+ API will be able to incorporate it into their client’s environment allowing them to provide broader connectivity capabilities to their clients. Additionally, by leveraging the API, traditional providers can now increase their time to new markets to better support their own client’s business.

“Our goal is to make the treasurer’s job easier, to keep our client’s needs first. TreasuryXpress has been vocal about this commitment from the beginning,” continues Rahal. “We want to cooperate with ERP and TMS solutions because this is what will benefit treasury.”

The Payment+ API is accessible via the TreasuryXpress Store. Users simply create a free online account that allows them access to the full store. Full developer and API set-up documentation is available online. Click here to register for free access to the TreasuryXpress Store.

Most recent episodes

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...

25:12

HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...

16:24

The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...

33:16

HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....

20:58

Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...

34:25

HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...

25:48

Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...

28:21

Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...

16:54

Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...

23:55

Instant Payments: Instant Rewards

TMI’s Eleanor Hill sits down in the virtual TreasuryCast studio with J.P. Morgan’s Global Head of Real-Time Payments, Cyrus Bhathawalla, to discuss how treasurers can capitalise on the evolving nature of real-time payments. Our guest contemplates the elements...

23:55