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HTTPs transmission protocol for payments and bank statements

edited Jan 30, 2019 4:30PM in Payables, Payments & Cash Management 8 comments

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Has anyone had success with using HTTPs transmission protocol to perform an HTTP Get request for bank statements, and an HTTP Post for payment files with large banks like Bank of America or Bank of New York? 

With Oracle decommissioning the use of their SFTP hosted services, and the lack of the middleware at some clients, Oracle recommends using HTTPs even though banks don't prefer this as its not as viable (if you're pulling many files per day). Additionally, because HTTPs can only grab one file per call means you're executing a high number of requests if you're receiving current day statements every 15 minutes and sending payment files regularly.

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