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DBS Drives Innovation with Blockchain Services for Institutions

Fintech News

These tokens are designed to streamline liquidity management within companies operating across multiple markets, rather than just cross-border transactions. Another feature, Conditional Payments, allows for programmable funds disbursement based on pre-set conditions.

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B2B FinTechs Get Creative With Open Banking Use Cases

PYMNTS

No longer is open banking solely for consolidating financial information into a single platform for one end user. Acumatica Links Its ERP Into Bank Data.

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Real Time Heats Up In B2B, While Blockchain Gains Traction

PYMNTS

That means opportunities to wield real-time payments for liquidity management, while the payment rails that facilitate real-time transactions are also embracing the movement of data that can be especially valuable to business end users, he said. Rapyd Combats Fraud Across Payment Rails.

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How China Fuels Alternatives To Correspondent Banking

PYMNTS

” While this elevates efficiency and reliability for Harbour & Hills, he also highlighted the benefits to corporate end users of this capability. . “We’re not dependent on those correspondent banks for this particular corridor,” explained Tripathi. “We can clear it locally.” Timing And Control.

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FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

The FedNow design, he said, allows end users to receive funds at any time around the clock and around the calendar year, including immediate settlement of interbank payments. “We Larger companies, he said, could leverage instant payments for better liquidity management, as they juggle payroll or invoices.

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Banks Embrace Direct Data Integrations For SMB Services

PYMNTS

Bank is now a part of the Akoya Data Access Network, which aims to provide end users with greater control over their data and the third-party platforms with which they share it. An announcement stated that U.S. In a statement, U.S.

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Citi Explores The Real-Time Payments User Experience

PYMNTS

The payments industry has been riding the wave of shifting consumer habits and demands, placing the end-user experience at the forefront of new products, services and infrastructure. Those users, both consumers and businesses, aren’t just demanding choice, however. But with the U.S.