Shanghai Commercial Bank launches analysis platform

The Shanghai Commercial Bank launched the “interbank account data sharing” analysis model for its customers, offering an interbank account overview connecting to 11 other banks, the bank announced Wednesday. 

After authorizing the “interbank account data sharing” under “commercial banking,” clients can enjoy eight functions, including real-time viewing of daily total account balances and trends across banks, and viewing cash flow over the past 18 months. 

Interbank account data sharing can analyze cross-bank spending transactions, reflecting payment cycle patterns and monitor inflows and outflows for prediction. 

The model also identifies frequent transaction partners, thereby strengthening account management.