Digital Transactions

Launched in November 2016, the CitiConnect set of application programming interfaces for payments and related functions is gaining traction, particularly from companies supporting instant-payment services in Asia and Europe, Citigroup Inc.

The New York City-based global banking giant said CitiConnect has processed 157 million API calls, or requests to servers for data, since its launch. Last November the service had handled 18 million API calls. The service with its 50-plus unique APIs has moved $26 billion for clients, the bank said.

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