Standard Treasury (YC S13) Raises $2.7M to Help Banks Deliver Digital Services

[sremani]

I really am trying to understand what they are doing here. So are they adding a layer on IFX to expose banking api to the clients/companies ? http://standardtreasury.com/developer is not working.

[sremani]

I now understand what they are trying to achieve here. Its basically the Banking as a Service - where they are expose their API so that companies can write a client and make the calls to the BankingService and include it as part of their accounting or other software by which means they can bake the services into the accounting dashboard (or another service, like Payroll, Invoice Payments etc).

Neat Stuff.

[orware]

Congratulations! The premise behind the company sounded cool when I first heard about you a few months back, exciting :-).

[dataisfun]

Nicely done Mr. Townsend. Nicely done.