Goldman Sachs to roll out new transaction banking platform

The bank fulfills clients’ demand for advanced services

Goldman Sachs and Publicis Sapient

Goldman Sachs to roll out new transaction banking platform. Source: shutterstock.com

Goldman Sachs and Publicis Sapient, the digital business transformation hub have entered into a multi-year collaboration.

They have recently built an API-based transaction banking platform that will provide products like virtual integrated accounts with enhanced capabilities. It also offers liquidity management, payments, and escrow services.

Given Publicis Sapient is a digital leader in the financial services space, we are thrilled to work with Goldman Sachs to support the rollout of their cloud-native transaction banking platform, which is the first all-digital platform in the market
David Donovan, EVP, Publicis Sapient Financial Services Lead

The platform is currently available in the US and will expand to Europe and Asia starting next year.

We’ve reported that Amazon and Goldman Sachs have teamed up in order to provide a new credit line for the US merchants. The project is reportedly called ‘Augusta’ which had been developing for 2 years.

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