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BofA Clients Embrace New $10 Million Limit in U.S. Real-Time Payments

Fintech Finance

RTP uses ISO 20022, the international standard for financial messaging. This robust message standard offers multiple options for the originator to incorporate detailed remittance information with the payment. The recipient receives a payment within seconds. Besides U.S.

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Blockchain Makes Headway Over Legacy X-Border Rails

PYMNTS

With its solution designed to address friction in supplier commercial card acceptance, Nium ‘s InstaReM brand announced the expansion of BizPay into a new market: Australia. It’s a mixing of payment rails that aims to overcome one of the largest barriers to commercial card adoption. InstaReM Expands BizPay.

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Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

Only a day earlier, payment processing giant Stripe announced an expansion of its corporate payment offerings with the launch of a commercial card product in yet another effort by an industry stakeholder to encourage businesses to shift away from paper.

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Banks’ Definitive B2B Payments Guide To Sibos

PYMNTS

The industry push for SWIFT’s ISO 20022 adoption continues to encourage financial institutions to adopt the payments messaging standard for more efficient transmission of transaction data, which can have particular impact for high-value cross-border B2B payments. Beyond the Payment.

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PayStand Brings Its Blockchain B2B Payments To Canada

PYMNTS

” The initiative focuses on faster payments and the development of a new core clearing and settlement system, as well as adoption of the ISO 20022 payments messaging standard.

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B2B Payments: Moving From Inertia To Ignition

PYMNTS

Solutions like Visa B2B Connect are able to address both the need for ease-of-use and access to data through measures like adoption of the ISO 20022 messaging standard, which enables seamless exchange of payment data.

B2B 59