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Same Day ACH: Impacts At The Intersections

PYMNTS

23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. ISO 20022, which is designed to set the tone for global financial industry messages, provides a standardized approach to building messaging standards across financial services.

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Citizens Bank’s Corporate Real-Time Payments Play

PYMNTS

Richardson recently spoke to PYMNTS about what’s driving corporates’ need for real-time capabilities, how to meet that need and how to make faster payments ubiquitous in the U.S. . The rail was built on the ISO 20022 messaging standard, which sends data and payments together. The Corporate Case For Real Time. as an example.

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Fed Looks To Keep Momentum Going On Payments Improvements

PYMNTS

“Through the strategies and tactics outlined in this next steps plan, the Federal Reserve will support continued industry momentum toward safe, ubiquitous, faster payments for our country.”. According to the Fed, payments must not only be faster, they must also be safe and ubiquitous.

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ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

Further, blockchain, Finlync said, negates the need for participants to align with what the company described as “complex” payments messaging standards like ISO. Of course, the reality is that blockchain is far from ubiquitous, and critics and skeptics of the technology raise challenges for the tool. A Realistic Approach.

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Why Certainty Rules Payments

PYMNTS

The bank account is the ubiquitous funding source used by trading partners to pay each other. Others are taking on the heavy lift of integrating with messaging standards and financial institutions so neither they nor the corporates they serve have to do so. Making the Unknown Certain.

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