HomeFinancial ServicesSolving cross-border cash control with bank APIs and multi-currency accounts

Solving cross-border cash control with bank APIs and multi-currency accounts

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Overview:

  • Finmo partnered with Standard Chartered to launch Global Currency Account capabilities for multi-currency management.
  • The collaboration enables businesses to automate cross-border payments, execute FX transactions, and gain real-time liquidity visibility.
  • Finmo customers can open accounts in Singapore first, with expansion planned for the UAE, Hong Kong, and the UK.
  • Integration of Standard Chartered’s banking APIs positions Finmo as one of the few platforms with direct multi-market access.
  • The partnership aims to simplify global money movement and strengthen control for finance teams across international operations.

Finmo and Standard Chartered introduced API-driven treasury connectivity with Global Currency Accounts to simplify pay-ins, pay-outs, FX, and real-time liquidity. Clients can open multi-currency accounts in Singapore, expanding soon to the UAE, Hong Kong, and the UK. The partnership uses banking APIs to automate payments and improve visibility, advancing API-driven treasury connectivity for global finance teams. This move reduces reliance on multiple portals and strengthens control through API-driven treasury connectivity, announced at Singapore FinTech Festival. The collaboration positions Finmo as a leader in API-driven treasury connectivity for enterprises.

Click here to read more.

Guest’s Ideas:

Luke Boland
Head of Fintech, ASEAN, South Asia and GCNA
Standard Chartered

Luke Boland, Executive Director and Head of Fintech for ASEAN, South Asia & GCNA at Standard Chartered Bank, leads initiatives to expand fintech coverage across Asia. Based in Singapore, he has nearly two decades of experience in transactional banking and fintech strategy.

Previously, Boland spent over 10 years at National Australia Bank, where he managed institutional banking portfolios and developed cash management and trade solutions for clients across Asia and Australia. He began his career in business relations at Merchantlink and holds a Bachelor of Business in International Business from RMIT University. His expertise spans relationship management, banking innovation, and cross-border financial services.

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