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When Micro Supply Chain Frictions Create Major Payment Bottlenecks

PYMNTS

Historically, EDI (electronic data interchange) has been the standard for transmitting data between partners in this space, with businesses relying on EDI to exchange payment-related information like invoicing and transaction data.

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Phixius by Nacha Announces Collaboration With Kinexys by J.P. Morgan to Enhance Account Validation Capabilities

Fintech Finance

payment information network Responder, enabling near real-time validation of domestic bank account data. In turn, Phixius participants will gain access to Kinexys Liink application Confirm’s global account validation capabilities, expanding the reach and utility of the Phixius network.

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