YC-Backed Standard Treasury Aims To Make Software That Eats Commercial Banking

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http://techcrunch.com – Standard Treasury, a YC-backed company, is hoping to make it easier for businesses to deal with their banks through standard APIs that ease transfers and other transactions. The company says that integrating banking services for small businesses and startups is overly complicated. They can end up sending large files over FTP with specs that take up hundreds of pages. Co-founder Daniel Kimerling had this experience when he was building up his last company, Giftly, which let people send gifts on the web and mobile devices to each other without affecting the point-of-sale systems at local merchan (IT news)