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Onyx CEO On Blockchain, The JPM Coin And Simplifying Payments

PYMNTS

Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. In the middle stand the lockboxes and processing facilities run by banks like J.P. Umar Farooq , CEO of J.P.

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Payments’ Role In The Fourth Industrial Revolution

PYMNTS

It’s become commonplace, he said, for consumers to expect peer-to-peer (P2P) transactions to be conducted with lightning speed — whether during a dinner outing, paying for a babysitter or paying the lawn care service. So, from the beginning, start with the individual consumer. There’s a bit of heavy lifting involved, he acknowledged.

C2B
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CheckAlt, Tru Treasury Partner To Help Credit Unions Accelerate Pay And Reconciliation

PYMNTS

CheckAlt , which provides lockbox and treasury management services, has struck a partnership with credit union service organization (CUSO) Tru Treasury to help credit unions attract new members and boost services, a press release says. The partnership touts its ability to work in both paper and electronic services.

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Why Corporate Banks’ Should Seize Purchase-To-Pay Data Opportunity

PYMNTS

Palette recently announced the launch of a white-labeled purchase-to-pay platform, SecureCloud P2P, for FIs to offer their own business customers. To be competitive in the P2P space today, especially at the mid- to high-end of the market, the investment would be millions of dollars and a number of years of development,” he said.

P2P
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Banks, FinTechs Find New Open-Data Use Cases

PYMNTS

In Palette’s case, that meant the recent launch of a purchase-to-pay solution that banks can white label for their own corporate customers, a solution that Cichy told PYMNTS in a recent interview emphasizes the ability to integrate that P2P data with other back-office services for corporates, while also enabling FIs to unlock that P2P data for additional (..)

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Meeting Consumer Demand With Speed-Of-Life Payments

PYMNTS

Fiserv comes to the conversation with 30 years of insider industry knowledge, and on the heels of a year in which it moved more than $75 trillion across 30 billion digital payments in peer-to-peer (P2P), consumer-to-business (C2B) and business-to-consumer (B2C) transactions. In other words, it’s seen some stuff. Alphabet Soup.