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Payments’ Role In The Fourth Industrial Revolution

PYMNTS

Despite moves toward ACH payments and card payments, Kresse reminded that the classic B2B transaction is still fraught with emails and PDFs, which often disconnect critical data from the payment. How does this differ from a SWIFT transaction? There’s a bit of heavy lifting involved, he acknowledged. “For

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Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities

PYMNTS

“The intent of the organization is to help payers better identify [the] payee information they need in order to make electronic payments,” he said in an interview, adding that the directory aims to be “payment agnostic” and support payments made via a variety of rails, including FedWire, ACH, SWIFT, lockbox and, yes, paper check.

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