Marketplace Bank of America CashPro Real-Time Connector

Bank of America CashPro Real-Time Connector

Kyriba

Bank Connectivity

Connector for real-time reporting and payments

Description

This connector uses APIs for data exchange between Kyriba and Bank of America CashPro to enable:

  • Instant (RTP®), book transfer and international payments
  • Domestic low value (ACH), high value (FedWire) and check
  • Bank balance, intraday transactions and prior day statement

The connector works in parallel with the existing bank connectivity, expanding existing processes. API-based bank connectivity enables more frequent data retrieval and real-time statuses. This enables real-time decision-making. 

Once enabled, real-time payments can be accessed along with other payment methods in the existing modules. And real-time reporting will be reflected on the existing worksheets. 

APIs follow an instant request and response communication model, done with a point-to-point secure communication and no files involved. 

Additional resources about these capabilities:

  • Kyriba's eBook on instant payment initiatives here
  • API connectivity for payments here

Version

1.3.0

Process Templates Data

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