Kantox provides Citi’s commercial bank with enhanced FX payments
Corporate clients in US will see connectivity improvements as Kantox operates as “software layer”
Kantox, an FX management and payment solutions provider, is providing Citi Commercial Bank with a co-branded solution that connects the bank’s foreign exchange clients in the US directly to Citi’s foreign currency payments platform.
The software – part of what Citi terms its dynamic management foreign exchange initiative – allows the bank to build API connections with clients at a fast pace and provides treasury automation for local and cross-border payments in multiple currencies for
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