Goldman Sachs just announced its first partnership for transaction banking as it looks to build a new $1 billion business moving money around the world
Business Insider -

Goldman Sachs has announced a partnership with SAP to offer cross-border payments functionality on the German tech giant's Ariba Network, which matches corporate purchasers with their vendors. 

The partnership is the first to be made public from Goldman's nascent transaction banking business, which it began building just 13 months ago. 

Goldman can offer one-click functionality and transparent prices thanks to the way it built the business, using APIs, based in the cloud, with a digital-first...

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