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ESG-Linked Payments in Transaction Banking

Finextra

Tokenized Sustainability Credits: Corporates can settle parts of cross-border payments with on-chain carbon tokens or biodiversity credits, automating offset procurement during reconciliation. It expresses the views and opinions of the author.

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Citizens Bank’s Corporate Real-Time Payments Play

PYMNTS

As they work to achieve this, more companies are ditching paper-based methods and embracing digital solutions that streamline payments and reconciliations. is fragmented, Richardson said, and faster payment systems can remove some of the headaches of managing payments data and reconciliation. as an example. Federal Reserve Proposals.

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Fed Task Force Releases Payment Lifecycles And Security Profiles

PYMNTS

The profiles provide a perspective on the most common payment types, covering enrollment, transaction flow and reconciliation. They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

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How The FedNow Service Could Keep Checks In B2B Payments

PYMNTS

RTP aims to encourage businesses away from checks by offering them an electronic payment services that not only accelerates transactions but provides additional transactional data that is key to reconciliation and analysis for corporate accountants and financial professionals.

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Accounts Receivable Management Firm Invoiced Partners With GoCardless

PYMNTS

GoCardless supports automated reconciliation, said its head of partnerships Josh Sasto in a statement. Historically, he said, “international invoices were force-fed into domestic systems.” Its CEO, Mike Massaro, told Karen Webster last year that businesses find their AR challenges are magnified when taken to a global scale.

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Payments’ Role In The Fourth Industrial Revolution

PYMNTS

There are many “flavors of fast” across interoperable systems, like Same Day ACH transactions, real-time payments and several daily settlement windows available from the FED. There’s a bit of heavy lifting involved, he acknowledged. How do I interface with my bank?’”.

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Invoicing, Internationally, On The Fly And With Flywire

PYMNTS

Via its cross-border reconciliation network, Flywire can collect and reconcile those payments immediately and accurately. Before, Massaro said, “international invoices were force-fed into domestic systems,” and universities were jerry-rigged to deal with an international invoice. Thus, reconciliation is automated, he said.