The Fintech Times

FEBRUARY 5, 2024

The extra remittance data that modern systems support can enable use cases such as automated accounting; drawing businesses to modern payment rails. Report author Michael Greenwood stated: “The key advantage of the messaging language used in ISO 20022 is that messages are easier for machines to read.

Cross-Border Payments 119

Cross-Border Payments Cross-Border ISO 20022 Research 119

PYMNTS

SEPTEMBER 29, 2020

“Mastercard allows the wallet holders in Wirex to use their cryptocurrency for day-to-day transactions,” explained Ashok Venkateswaran , Mastercard Blockchain and Digital Assets lead for Asia Pacific, according to the publication. In addition to the expanded Accelerate program, Mastercard is also embracing blockchain for B2B use cases.

Instant Payments 129

Instant Payments B2B Innovation ISO 20022 129

PYMNTS

DECEMBER 29, 2020

There is a fundamental need to link complex remittance data — explanation of payment — with the payments being made.”. As Chris Clausen, executive director of product management at Deluxe, recently told PYMNTS , “Medical claims payments are one of the most intricate and challenging types of B2B payments in the marketplace.

Digital Payments 84

Digital Payments Remittance Data Payments B2B 84

PYMNTS

SEPTEMBER 7, 2020

Mastercard in May launched its Track Business Payment Service , again with a focus on working capital optimization for both buyers and suppliers and added value through enhanced remittance data collection and automation. Summer Trips: Canceled.

Commercial Card 98

Commercial Card Push-to-Card Small Business Card Issuer 98

PYMNTS

NOVEMBER 27, 2019

Real-time payments technology exists, but its adoption among corporates in a global context will depend on whether that client actually needs a transaction to be instant or whether they simply require a same-day transaction.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

JUNE 13, 2019

For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated. ” However, that’s only the beginning.

Blockchain 73

Blockchain Distributed Ledger Technology (DLT) Participant Use Case 73

PYMNTS

NOVEMBER 19, 2020

Through integration with enterprise resource planning (ERP), the A2A solution enables a more seamless B2B payment experience for both buyer and seller while both sides also gain access to rich remittance data, the company noted. Businesses Drive Australia's NPP Adoption. TOMIA and Clear Embrace Blockchain for Telecom B2B Payments.

B2B 104

B2B Blockchain Real Time Gross Settlement (RTGS) Real Time Payments 104