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When Micro Supply Chain Frictions Create Major Payment Bottlenecks

PYMNTS

Down supply chains, paper checks indeed remain the dominant way companies pay suppliers, logistics service providers and business partners. However some industry participants have raised concerns over EDI’s lack of encryption and standardization from one organization to the next.

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Fed Task Force Releases Payment Lifecycles And Security Profiles

PYMNTS

Established in June 2015 , the Secure Payments Task Force has engaged more than 200 financial institutions, consumer groups, payment service providers, financial technology firms, merchants, government agencies and others interested in payment security improvement efforts.