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Navigating AML obligations in the age of virtual IBANs

The Payments Association

Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks. Virtual IBANs (vIBANs) have become a key component of modern payment systems, enhancing payment reconciliation and facilitating cross-border transactions.

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Flywire’s Massaro: Healthcare Payments’ $375B Efficiency Opportunity

PYMNTS

A provider is able to offer the consumer a relevant payment plan for services upfront, instead of chasing them down as part of a collections process or having the consumer forego what could be a necessary medical procedure.

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Integrating Healthcare With Payments From Check-In To Checkup (And Beyond)

PYMNTS

In healthcare, the data needed for payments reconciliation rests within a patient accounting system, which in turn sits inside an electronic health record. Just as healthcare services and procedures take into account each individual’s history, demographics and unique situation, so, too, should the financial aspect of the process.

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Tipalti Broadens Reach With B2B Partnerships

PYMNTS

“By streamlining supplier onboarding, tax compliance, invoice processing, global payments and payment reconciliation, Tipalti helps modern finance organizations strategically scale more rapidly and efficiently.”

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The Benefits and Challenges of a Government ERP Payment System

Core

Key Benefits of an ERP Payment System From streamlined processes to enhanced citizen convenience, ERP payment systems offer a multitude of benefits. Enhanced Impact with Payment Integration Within a larger ERP system, integrated payment solutions can enhance the impact of an organization’s financial operations.

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OCR for Accounts Payable

Nanonets

Payment Processing : Once payment has been authorized, the accounts payable department processes the payment. This typically involves printing a check or initiating an electronic payment. For example, Nanonets can analyze payment data and identify invoices that have not been paid or that have been overpaid.

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Why B2B Payments Innovation Is Key To China’s Global Standing

PYMNTS

According to Atradius, the most common cause of late payments on foreign invoices is due to “inefficiencies of the banking system,” cited by nearly 42 percent of respondents, followed by the complexity of payment procedures, cited by nearly 36 percent.

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