Embat announced Wednesday (Nov. 4) that it has integrated J.P. Morgan’s new banking authorization service (BAS) API for treasury services and payments, letting joint clients connect their J.P. Morgan bank accounts to Embat’s treasury management platform.
“Traditionally, connecting a treasury platform to a bank requires obtaining certificates through an external certification authority,” Embat said in a news release provided to PYMNTS. “This often requires extensive implementation time, data validation and signatures—a process that can take months before a client can begin operations.”
The new integration lets joint clients authenticate and connect their J.P. Morgan bank accounts to Embat’s treasury platform in seconds, with no IT development needed. This streamlines client account activation and means less operational effort for treasury teams.
“The integration is particularly beneficial for organisations with multiple subsidiaries or entities, as they no longer need to replicate the bank connection process for each legal entity,” the release added. “Leveraging J.P. Morgan Payments’ single multi-tenant certificate management connection—a single security setup that safely covers multiple subsidiaries – enables finance teams to onboard and manage all corporate entities easily. “
Embat said it will be the first treasury management system to leverage J.P. Morgan Payments’ own user interface through the company’s API integration.
Antonio Berga, Embat’s co-founder and co-CEO, added that the partnership eliminates the “time-consuming and tedious” bank connectivity processes.
“What used to take months is now operational within days, with no technical development required,” Berga said. “Clients simply sign the legal documentation authorizing Embat to access their accounts. Once they go live, they have the benefit of making decisions based on real-time data, backed by Embat’s AI technology and the robustness and security of a top-tier bank.”
Writing about treasury management in late September, PYMNTS argued that the key shift in this space is not from manual to AI treasury, but from observation to execution.
“Financial software spent years aggregating information that previously lived across bank portals, spreadsheets and enterprise systems,” the report said. “The next generation is being asked to interpret those signals. After all, once software can understand that a company has $30 million sitting in one account, a large obligation approaching somewhere else and receivables expected later in the day, the obvious question becomes. Why stop at generating an alert?”
The report also cites data from PYMNTS Intelligence’s “SMB Growth Monitor: How Firms Use and Choose Credit Cards,” showing that when small- to medium-sized businesses were asked about factors affecting their choice of a primary corporate card, 15.7% pointed to “better card and spending analytics” and 13.8% mentioned “allows for better expense management.”
