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Modern payments, outdated systems: Why growth and uncertainty demand agility

The Payments Association

Transaction volumes are surging, payment methods are diversifying, and businesses are under pressure to adapt. Despite these advancements, many firms still rely on outdated payment systems and technologies that cant meet the market’s growing demands. Transactions are now settled in minutes instead of days.

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Navigating AML obligations in the age of virtual IBANs

The Payments Association

Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks. Virtual IBANs (vIBANs) have become a key component of modern payment systems, enhancing payment reconciliation and facilitating cross-border transactions.

IBAN 88
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Best Payment Reconciliation software

Nanonets

Introduction Accuracy and efficiency are non-negotiable in the processing of payments in any company, be they payments received by the company for products/services rendered, or made to vendors for products/services received. Payment reconciliation is the process of verifying all payment transactions.

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Payment reconciliation: What is it, and how can your business do it efficiently?

Nanonets

As transactions flow in and out, reconciling payments becomes crucial to ensure accuracy, identify discrepancies, and maintain a clear financial picture. Manual payment reconciliation processes can be time-consuming, error-prone, and inefficient. What is payment reconciliation?

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Paymentology and Sticitt Join Forces, Cultivating Optimism in Future Generations Through Healthy Financial Habits

Fintech Finance

At the forefront of transforming the South African School payments landscape, Sticitt is enabling schools to increase revenue generated from parents and the wider community while automating payment reconciliations and reporting.

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Chaser Launches Integration with Odoo

Trade Credit & Liquidity Management

From a Press Release dated March 25, 2025, London, England Chaser , a global accounts receivable automation solution provider, has announced a new integration with Odoo , a popular business management software platform. This automation supports faster and more accurate accounts receivable workflows.

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RBC Bank Automates AR Collection Reminders

PYMNTS

The feature enables businesses to send multiple payment requests at the same time while also triggering automated reminders to streamline the process and save time. Interac eTransfer: Bulk Request Money offers payment reminders that can be facilitated using the payor’s email address or phone number.