Kantox, a leader in FX management and payment solutions for businesses, announced today that it is providing Citi’s Commercial Bank with a seamless user experience for its foreign exchange (FX) clients in the United States through a customised solution that connects directly to Citi’s foreign currency payments platform.
The software – part of Citi’s Dynamic Management Foreign Exchange (“DMFX”) initiative – also provides treasury automation for local and cross-border payments in multiple currencies for corporate and commercial bank clients.