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Citibank and alterna Streamline Bank Connectivity and Enhance Corporate Relationships through the abix Bank and Transaction Network.

Publication: PR Newswire
Publication Date: 04-JUN-02 		Format: Online - approximately 827 words
Delivery: Immediate Online Access

Article Excerpt
NEW YORK AND CALGARY -- alterna(TM) Technologies Group Inc., the premier global provider of e-finance solutions, today announced that Citibank e-Business, a unit of Citigroup, the preeminent global financial services company , has agreed to join its abix(TM) bank and transaction network initiative.

Citibank is the first global bank to announce joining this international community of banks, enterprise systems and other providers of financial solutions. abix offers the banking community the opportunity to standardize and re-use interfaces for processing account balance and transaction information, payments and related messages between alterna's platform, abix member banks and their mutual clients. The integration with abix is driven by customers of both companies with International Air Transport Association (IATA) being the first to take advantage of the...

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