SCBFY - Standard Chartered Aims To Boost Cash Management Services Via Starfish Partnership | Benzinga
To meet the corporate clients' growing demand of digitizing banking relationships, and provide more specific cash position and cash flow forecasts, Singapore-based fintech Starfish Digital and Standard Chartered (OTCMKTS: SCBFF) partnered to provide multibank connectivity.
What Happened: Standard Chartered and Starfish Digital are launching a multibank connectivity service.
The partnership is expected to enhance cash management processes and enable Standard Chartered to bolster its working capital management.
Application programming interfaces (APIs) and Open Banking are the benefits that corporates can soak in, the companies explained.
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