J.P. Morgan Real-Time Connector

Description

This connector uses API for real-time data exchange between Kyriba and J.P. Morgan to enable:

• Instant (RTP®, SEPA, Coin), book transfer and global disbursement
• Domestic low value (ACH), 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. 

Payments using Coin, in addition to APIs, are leveraging Blockchain Deposit Accounts (BDAs) to make transfers.

Additional resources about these capabilities:

• J.P. Morgan RTP program here 
• Coin System by Onyx here
• Kyriba's eBook on instant payment initiatives here
• API connectivity for payments here