The Five Numbers That Can Make Payments More Efficient
PYMNTS
JANUARY 31, 2017
Unger shared NACHA’s case study on how global pharmaceuticals company Merck optimized its performance by employing ISO 20022 XML for ACH payments. Corporates have to want to create the efficiency, and once the desire is there, the ACH Network and banks are already capable of supporting the ISO 20022 standard.
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