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. Richer Data With A Little Help From Our Friends . A Gradual Move With Big Benefits.

ISO 20022

PYMNTS

NOVEMBER 27, 2019

For faster payments, technological innovation is introducing newer capabilities, but as Halpin emphasized, it will ultimately be up to the payments community of end users whether that technology is used. That’s where I believe it becomes an assessment for each participant in the payments chain to consider.”.

ISO 20022

PYMNTS

DECEMBER 29, 2020

There is a fundamental need to link complex remittance data — explanation of payment — with the payments being made.”. The dental sector ultimately stands to benefit from implementing swift, digital processes rather than friction-filled, paper-based ones.”. Curing What Ails Healthcare Payments.

Digital Payments

PYMNTS

FEBRUARY 25, 2020

B2B payments’ innovation trajectory continues to accelerate as more end-point solutions emerge to improve the vast number of friction points in the industry. There’s nothing more valuable than remittance data. This is what businesses are asking for. This is what businesses are asking for. What New Payment Rails Are Missing.

Remittance Data

PYMNTS

OCTOBER 26, 2018

In an earlier interview with PYMNTS, Ben Peters, chief operating officer at insurance payments solutions company VPay, said a lack of remittance data may be partially to blame for ACH’s lack of ubiquity. But even as regulators like the Fed in the U.S., “That’s a big expense for banks,” he noted.

Remittance Data

EBizCharge

MAY 31, 2024

Imagine a world where managing financial transactions is as easy as clicking a button, free from the tedious task of manual data entry and the errors that come with it. By streamlining financial processes, this innovative technology plays a pivotal role in modernizing company operations. What is remittance data?

Automation

PYMNTS

MARCH 16, 2016

When analysts from SWIFT and its ISO 20022 Registration Authority took a look at the various efforts behind adoption of the global messaging standard in 2014, a report found that while implementation projects were on their way across Europe, Russia and Africa, among the laggards were the U.S. and Canada. in its faster payments initiatives.

ISO 20022