Natixis launches instant payment via API with DataLog Finance
Natixis has already offered clients instant payment since 2018, with payment issued or received in just 10 seconds, and the company is now launching instant payment via API*.
This new connection set-up embeds instant payment in the heart of the company’s business process and streamlines the customer experience in a secure environment, as instant payment can now be issued directly from a TMS (Treasury Management System) or from a business application.
Software vendor DataLog Finance is the first vendor to have developed a connection embedded in the Natixis Instant Payment API, thereby improving the instant payment experience for their shared clients.
Anne Cécile Delas, Global Head of Trade & Treasury Solutions at Natixis’ Corporate & Investment Banking states: “Connectivity is a major challenge for our clients who have a strong interest in instant payment. The API fully addresses this issue and is a key component of our open banking strategy”.
Imad Ben Mariem, Chairman of Datalog Finance, notes “Datalog Finance can now offer a real integrated instant payment experience for users on the back of Natixis’ Instant Payment API. This first partnership with a bank enables us to fully address our clients’ need for instant service and flexibility as we meet various use cases.”
* API: Application Programming Interface
* Open banking: technology that creates bridges between various banking service sector participants’ IT systems