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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

Further, one of the largest benefits to corporates of faster and real-time payments services is less about the speed and more about the data these networks are able to carry along with a transaction. These underlying markets sometimes dictate the speed by which a cross-border payment can travel to an end beneficiary.”.

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Keeping Up with the Pace: Modernising Payment Systems

Fintech News

With the rapid evolution of payment methods and regulations, banks must stay ahead of the curve or risk being left out of the game. The necessity for modernisation is driven by several key factors, including the migration to ISO 20022, the rise of Open Banking and the introduction of Central Bank Digital Currencies (CBDCs).

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Helping Corporates Get Over The Real Time Payments Hump

PYMNTS

And at the broader level, as the current market climate drives further adoption of digital payments, growing adoption of real-time transacting is contributing to the modernization of a cashless, resilient economy. Yet, according to Villarreal, one of the largest value propositions of real-time transactions goes beyond the movement of money.

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B2B Use Cases Drive Up Real-Time Demand

PYMNTS

FINTAINIUM is combining its Account Receivables and Payables Management Platform with Everlink's eHUB Digital Payments Platform to support real-time B2B and B2C payments that adhere to ISO 20022 payments messaging standards. One FI, First Bank, told the publication why B2B use cases are upping the demand for real time.

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FPC 2022 Fall Member Meeting

Faster Payments Council

12:30pm-1:10pmCT: Panel Session – Efficiency and B2B Payment Modernization (Minneapolis Ballroom Salon AB) With the FedNowSM service coming next year, there's no time like the present to prepare for and innovate on instant B2B payments improvements.

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