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How Banks Use APIs To Forge Stronger Client Bonds

PYMNTS

Such solutions can also bolster countries’ payment digitization efforts and facilitate cross-border trade, and FIs are eager to provide them. Enabling Digital Payment Acceptance. Even government services have been tapping banking APIs to more easily receive digital payments. Making Money Move.

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How The FedNow Service Could Keep Checks In B2B Payments

PYMNTS

The Federal Reserve’s planned faster payments service, the FedNow Service, is slated to have an impact on the speed with which paper checks are processed, adding a new twist to the U.S.’s s path toward faster, digital payments.

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Graduating To Faster Payments

PYMNTS

In one major move, tuition payments platform Bursari has integrated the Digital Payments SDK bundle from financial services technology firm Fiserv , as the former looks to “take payments to school,” according to their tagline.

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Best Ways to Pay Contractors for Your Business

Nanonets

For example, "Payment for services rendered." " Be sure to sign the check, and then hand it to the contractor. If you're paying by check, you'll need to make sure that the check clears your bank before the contractor can access the funds. Choose a digital payment system.

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Best Ways to Pay Contractors for Your Business

Nanonets

For example, "Payment for services rendered." " Be sure to sign the check, and then hand it to the contractor. If you're paying by check, you'll need to make sure that the check clears your bank before the contractor can access the funds. Choose a digital payment system.

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What’s Fast And Slow And Read All Over?

PYMNTS

For years, the Fed’s payments folks have been wracking their brains to figure out a way to remain relevant in a digital payments world in which it was becoming increasingly less so. The Fed didn’t see the need for people to conduct commerce on the web and create digital payments schemes that would allow them to do that.

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The Fastest Path To Faster Payments In The US

PYMNTS

But, don’t look for the recommendation to kill checks to emerge from the report that the 500+ person Fed Task Force that’s examining the path forward for the U.S. And a complicating factor for how to monetize “faster payments” in the U.S. Getting rid of checks, on a wholesale basis, granted, is a lot harder.