Marketplace HSBC Real-Time Connector

HSBC Real-Time Connector

Kyriba

Bank Connectivity

Connector for real-time reporting and payments

Description

This connector uses API for real-time data exchange between Kyriba and HSBC to enable:

  • Instant (SEPA, Faster Payments, RTP®)
  • Domestic high value (FedWire)
  • 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

Data