Standard Chartered Bank has entered into a strategic partnership with Starfish Digital, a leading fintech solutions provider, to bolster its API offerings for corporate clients. This collaborative effort is geared towards empowering clients to efficiently reconcile account balances, transactions, and payments, ultimately enhancing control and visibility over their financial operations.

The move comes in response to a surging demand among Standard Chartered’s corporate clientele for digitized banking relationships and more precise cash position tracking and cash flow forecasting. By collaborating with Starfish Digital, Standard Chartered aims to address these pressing needs by offering a seamless plug-and-play solution designed to deliver a real-time treasury experience.

Standard Chartered’s open banking platform, aXess, has been expanding its suite of APIs to cater to the evolving demands of corporate clients. This latest partnership with Starfish Digital is a significant step in further enriching the bank’s API ecosystem.

Janet Thomas, Global Head of Strategic Platform Partnerships at Standard Chartered, expressed the bank’s commitment to meeting the evolving needs of its corporate clients. She stated, “We are witnessing growing demand among our corporate clients for a solution that enables them to digitize all banking relationships and gain more accurate insights into their cash positions and cash flow forecasts. Our partnership with Starfish Digital allows us to directly respond to this need, offering a plug-and-play solution that provides a real-time treasury experience.”

Standard Chartered’s collaboration with Starfish Digital reflects the bank’s dedication to harnessing technology and innovation to offer tailored solutions that empower clients to navigate the complexities of modern finance. As businesses increasingly rely on digital tools and real-time data, Standard Chartered is committed to remaining at the forefront of innovation to meet these evolving requirements.