Remove ISOs Remove Remittance Data Remove Wire Transfer
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Mastercard Embraces Existing Rails To Drive B2B Payments Value

PYMNTS

Does it do so by old-school wire transfer? Everybody talks about rich data pipes being attached to ISO 20022. But let’s say new efficiencies allow the supplier to be onboarded reasonably quickly. The work is still far from done because the CPG company needs to pay the new supplier. Relatively new procurement cards?

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Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

The AFP surveyed 379 corporate treasury professionals and found that 68 percent are using wire transfers to move money across borders, for example, a finding that researchers said highlights “the challenge in making changes to payments processes even if current systems are inefficient and costly.”.

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