Remove Cash Management Remove Message Standards Remove Wire Transfer
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Collaboration Is Key For Consensus On Cross-Border Payments

PYMNTS

According to the Real-Time Payments Innovation Playbook , 26 percent of cross-border businesses rely on international wire transfers, while the next most common method is by paper check (20 percent). Electronic bank transfers (16 percent) and regular ACH (11 percent) are also popular.

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Visa’s Phalen: Better Collaboration Will Push B2B Payments Into The Digital Age

PYMNTS

Data flows and transparency can help corporate treasurers and chief financial officers act strategically in day-to-day cash management and optimize working capital as they break down silos within their own companies. Interoperability will get a boost with messaging standards such as ISO 20022.

B2B