Remove Reconciliation Remove Remittance Data Remove Volume
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Global Data Reporting Pioneer Kani Payments Gets Ready for ISO 20022

Fintech Finance

Kani Payments , the disruptive global data reconciliation and reporting pioneer, today announces it is ready to support the ISO 20022 global messaging standard ahead of the November 2025 implementation date.

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Billtrust CEO On Delivering The Perfect B2B Payment

PYMNTS

With ACH , the biggest challenge often comes in the form of remittance data being emailed separately from the movement of funds. For businesses managing tens of thousands of transactions every month, manually sifting through email inboxes to match remittance data with bank account information is a massive point of friction.

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

PYMNTS

Equally important to the ISO journey is the data richness it carries, versus some of the underlying legacy systems that are not as robust with information.”. That standardization supports recipients’ reconciliation hurdles, he added, meaning corporates can more quickly turn an incoming credit into applicable, working capital.

ISO 20022 117
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The Architecture Of Accounts Receivable

PYMNTS

Spear explained that in simple transactions, a high volume of low-value purchases often leads a buyer to providing a large lump sum for multiple invoices with limited remittance advice, creating friction for a supplier to understand how to apply that cash to which particular invoices. The Outsourcing Decision.

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Moving Data With Money The Key To Faster KYC: identitii

PYMNTS

With government and private sector-led initiatives pushing for faster, digital payments across the globe, corporates and financial institutions are still missing a key element of enhanced transactions: data. ” Banks able to offer RTP will have access to transaction data in real-time, too, the report said. ”

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What Is Remittance Advice? Definition, Examples, and Tips to Enhance for Your Company

EBizCharge

Remittance advice is critical in financial management for any AR team. Its importance is grounded in several crucial functions: it ensures that payments are accounted for correctly, simplifies the reconciliation process, and helps maintain a precise and updated receivable balance in the company’s ledger.

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For Insurance, Faster Payments Means Nothing Without Data

PYMNTS

In particular, a heavy volume of both B2C payments (consumers paying premiums to insurance companies, as well as insurance companies sending claim payouts to individuals) and B2B payments (insurance companies paying service providers) pave the way to a complex mix of payment rails. . “We see really high adoption of virtual cards.”