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Why Faster Payments Isn’t The Answer To Accounts Receivable Delays

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the company will be taking lessons it’s learned from Europe’s own dealings with late supplier payments and the introduction of faster payment capabilities in the market. “We see faster payments coming into the U.S. is a lack of remittance data, he said. As Rimilia expands into the U.S.,

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

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These underlying markets sometimes dictate the speed by which a cross-border payment can travel to an end beneficiary.”. It’s about understanding clients’ needs and problems, and helping to solve for that,” noted Halpin.

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The Canadian Case For ISO 20022

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in its faster payments initiatives. The main drivers behind CPA’s ISO 20022 initiative are to provide the Canadian financial community with enriched, robust remittance data, to enhance domestic and cross-border interoperability and to increase efficiency,” said Mark Brule, director of the CPA’s payments innovations operations.

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Preserving Check Workflows Can Ease B2B Payments Digitization

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.” Virtual checks and application programming interface (API) infrastructures enable seamless integration of electronic disbursement workflows within the rest of the back office to ensure that payment initiation retains the “look and feel” of a paper check payment for the payer.

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