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Why Payment Speed Alone Won't Win the Real-Time Race

Finextra

Real-time payments generate continuous data streams rather than neat end-of-day batches, requiring new approaches to financial reporting and account management. As a result, organizations must rebuild fundamental accounting processes to handle this constant flow of transactions.

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Why Faster Payments Isn’t The Answer To Accounts Receivable Delays

PYMNTS

The FSB’s own data found that each small supplier is owed an average of $7,391 in outstanding invoices. is a lack of remittance data, he said. Addressing the remittance data gap may certainly help to spur adoption of digital and faster payments in the B2B arena. Rimilia , a U.K.-based and Europe have imposed.

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Accounts Receivable Innovations Ease AP Pain

PYMNTS

That means emerging services are multitasking, easing friction for both accounts payable and accounts receivable. Below, PYMNTS explores the latest initiatives and finds that innovators are looking at the accounts receivable side to tackle accounts payable friction. There’s nothing more valuable than remittance data.

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Transcard Unveils New Account-To-Account Payments Solution

PYMNTS

Fast-growing payments automation firm Transcard is rolling out an account-to-account (A2A) solution that it says will boost the speed and efficiency with which buyers and sellers are able to exchange money and data, while reducing risk as well. 16) press release issued by the Chattanooga, Tenn. based company.

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The Architecture Of Accounts Receivable

PYMNTS

It’s not difficult for a supplier to tell when accounts receivable (AR) processes are not optimized. Many sellers have a broken internal process to increase a credit line , so they set that limit as high as possible, so they don’t have to revisit the account later.”. The Outsourcing Decision.

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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

The first company it's working with is Wirex, which provides a crypto-friendly currency account and enables cross-border payments via Visa card. With the expansion, Mastercard is exploring a mix of payment rails by supporting FinTechs that allow cryptocurrency payments via card.

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What New Payment Rails Miss About Solving B2B’s Remittance Challenge

PYMNTS

New technology solutions are stepping onto the market to help automate accounts receivable, accounts payable and the act of supplier payments, as well as other processes surrounding these fields, like trade finance, cash flow management and accounting. There’s nothing more valuable than remittance data.