Remove Emerging Payments Remove Faster Payments Remove Remittance Data
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What New Payment Rails Miss About Solving B2B’s Remittance Challenge

PYMNTS

More often, businesses will find that the clunky paper check is actually the payment method best suited to support the movement of remittance data along with funds, although businesses are still struggling to find affordable and efficient ways of ingesting that information. There’s nothing more valuable than remittance data.

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

And while the lockbox continues to play an important role in AR and reconciliation, it no longer addresses the entire challenge as more electronic payments come in without remittance data. The emergence of faster payment networks is elevating the importance of AR functionality even more.

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