Remove Message Standards Remove Product Remove Remittance Data
article thumbnail

The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

According to Tom Halpin, head of payment products at HSBC , faster and real-time payment services don’t only provide the value of speed for corporate clients, especially in the context of cross-border transactions. The world is moving more toward standards, and ISO is one of them,” said Halpin.

article thumbnail

Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

According to Vijay Ramnathan, Comdata senior vice president of product management and strategy, “there is paper in the beginning, paper in the end” in the B2B world, leading to an 18 percent error rate in B2B payments, he told Karen Webster.

AFP
article thumbnail

The Canadian Case For ISO 20022

PYMNTS

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.