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Payment Automation: The Future of Business Transactions

Nanonets

In a world where time is money, businesses and customers alike seek hassle-free payment methods that save time and increase efficiency. Enter payment automation - a solution that has gained popularity in recent times due to the pandemic and the new competitive landscape. What is Payment Automation?

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CoCoNet Partners With Raifeissen On B2B Payment, Cash Management

PYMNTS

Blockchain infrastructure can help link data to specific invoices, too, setting up possibilities for automation. There will be a customizable dashboard allowing users to select the offerings best suited for their needs, and customer self-service will also be available, according to the release.

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myTU launches ‘Payouts API’ to Streamline Payment Processing for Businesses

Fintech Finance

By implementing the new solution, companies can increase profitable revenues through automated, real-time payment processing and loan management, while reducing operational costs and manual errors.

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How Blockchain Could Disrupt Banking

CB Insights

Further, tools such as smart contracts promise to automate many of the tedious processes within the banking industry, from compliance and claims processing, to distributing the contents of a will. The centralized SWIFT protocol doesn’t actually send the funds, it simply sends the payment orders.