Correspondent Payment Message Payments Data 
Fintech News
DECEMBER 10, 2023
Surprisingly, one of the most common reasons behind payment failures is incomplete or inaccurate data. To address this issue effectively, having a reliable source of truth for payment data is indispensable. This proactive approach eliminates the costly consequences of failed payments.
PYMNTS
FEBRUARY 26, 2020
Financial institutions have relied on their own IT systems, operations teams, the SWIFT messaging service and domestic payment schemes to acquire, construct, screen, relay and report customer payments. These infrastructures and processes form the backbone of the global correspondent banking model.
PYMNTS
SEPTEMBER 11, 2019
In an interview with PYMNTS , Citi’s Global Head of Payments and Receivables Manish Kohli explained how APIs that pre-validate payments data can reduce errors and costs while improving speed.
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