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Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

While more businesses are not only shifting away from paper, but operating with an embrace of digitization, the AFP and JPMorgan warned that checks remain popular and are far from being gone for good in the corporate payments ecosystem.

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Fed Acknowledges Roadblocks In ISO 20022 Push

PYMNTS

The Federal Reserve is pushing for adoption of the ISO 20022 global payments messaging standard, a move industry analysts say could streamline B2B payments, especially cross-border. “The wire infrastructure will be the first infrastructure to abandon its propriety formats and move to ISO 20022.” “The U.S.