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Today sees the launch of the fire.com business account payment initiation API. It is a key delivery as it now enables the complete integration of the business account with a business’s systems and internal processes.
For businesses, payment processes can be complicated and error prone. In many cases businesses often create files in order to exchange data between their systems and their bank accounts. This can lead to reconciliation overheads and delays, as data often needs to be reformatted along the way.
Read more here.