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Payments’ Role In The Fourth Industrial Revolution

PYMNTS

Kresse attributes this inertia to entrenched processes, both at the enterprise level and within some FIs, especially where lockbox services (including receiving and scanning payments) are large revenue generators. How is this different than a wire? There’s a bit of heavy lifting involved, he acknowledged. “For

C2B
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Innovation Eases The Friction Of Global Payment Rails

PYMNTS

. “On the government side, I feel they have been even more successful at implementing ACH, whether it be G2B or B2G payments,” than the private sector, he said. But as innovation targeting the ACH network accelerates, there will continue to be challenges ahead for the public sectors.