Cognotec Opens Up Autodeal With an API

VENDOR UPDATE

LONDON--Cognotec has launched Autodeal Connect, an application programming interface (API) that allows banks to offer Autodeal Direct and Autodeal Lite to its institutional and corporate customers.

Autodeal Connect allows banks and other organizations to offer their clients a service whereby currency transactions arising as a by-product from another transaction can be carried out automatically to the end user.

A spokesperson for Cognotec says, "It hands off deals done by Autodeal to a bank’s

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