Remove Payments Data Remove Procedures Remove Remittance Data
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The Canadian Case For ISO 20022

PYMNTS

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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How to Stay Compliant with NACHA Requirements

EBizCharge

Return and correction procedures Following NACHA standards, financial institutions and other network participants must adhere to precise returns and error correction procedures to ensure seamless payments and regulatory compliance within the ACH network.

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Preserving Check Workflows Can Ease B2B Payments Digitization

PYMNTS

.” 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.