“Bank of America is supporting the increasing demand for real-time information and processing in corporate treasury with the launch of three new APIs (application programming interface). Connected through CashPro, the bank’s technology suite for companies, the new APIs support FX settlement, the retrieval of check images, and pulling reports.”

“Goldman Sachs recently launched an online banking service for large businesses that it says is more streamlined than traditional banks’ offerings, with features like virtual accounts, quick account opening and predictive analytics to help customers anticipate future cash flows. In so doing, Goldman entered a market that a small number of large banks own and will be unwilling to give up. It is competing mainly on what it says is a better customer experience driven by modern technology.”