RE: Better integration with ING bank in NL

Currently we are  importing and exporting payment files to communicate with our bank ING here in The Netherlands. They quite recently  have an API available so it seams.

https://developer.ing.com/openbanking

Does anybody have experience with integrating this with Netsuite?

C_Weststrate Rookie Asked on September 11, 2019 in Banking.
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4 Answers

If your primary use case for integrating with your bank (in this case, ING) is to send payments out to suppliers, you can also use the Tipalti integration for this. This allows you to make payments out to suppliers, without integrating into your bank/banks. Tipalti is already integrated into various banks and financial institutions and is a regulated money transmitter. You simply fund your sub-account and tell us who you want to pay and how much, and we execute that across 6 payment methods, 120+ currencies, and 190 countries on your behalf and then integrate all of this information back in real-time to NetSuite. In addition to payment execution, the system automates your entire AP workflow, from supplier onboarding & management, to tax ID collection / validation, invoice processing (OCR, approvals, etc), payment management (approval workflows, OFAC / SDN checking, etc), FX currency management, early payments, and reconciliation / AP reporting. It integrates with NetSuite across the supplier record, invoice details, payment execution, and payment status and also syncs with NetSuite OneWorld at the subsidiary level.

Rookie Answered on September 15, 2019.
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