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EPC Selects Swift for the EPC Directory Service

Fintech Finance

Swift has been selected as EDS provider after a Request for Proposal (RFP) process running in the second and third quarters of 2024 and the subsequent approval by the EPC Board in September 2024. In the architecture of the VOP scheme, the EDS enables reachability and interoperability between VOP scheme participants.

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AppBrilliance Brings Real-Time Frictionless Payments to Closed Loop Digital Wallets With RTP & FedNow

Fintech Finance

AppBrilliance , a pioneer in real-time payment solutions with its cutting-edge Money API platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US.

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FPC 2023 Fall Member Meeting

Faster Payments Council

The RFP Customer Experience Work Group selected consumer-to-business bill pay as an initial use case, producing industry standards focused on this goal. Participating organizations will share insights gained and how they will implement these standards to catalyze instant payments adoption with a streamlined RFP customer experience.

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Decision Fundamentals: Capturing Subject Matter Expertise

FICO

Notably, these DMN diagrams tend to fit on one page, even when the associated decisions require tens of thousands of rules to be made. Medscheme came to FICO for help in re-engineering their healthcare claims assessment system, which had thousands of rules, and hundreds of thousands of data reference records.

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What is the Quote to Cash Process and How Do You Implement It?

Stax

Metrics like churn rate, average order entry time, RFP win rate, % of orders delivered in time & in full, revenue, MOM profit margins, and more will help you develop a clear picture of how well your new QTC system is performing. You should have a list of KPIs that will help you track the performance of your system.

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Real-Time Payments: What’s Ahead, and How to Fight Fraud

FICO

Request for pay (RfP) . Workflows that include rules and machine learning orchestration. The transaction “rails” are in place and ready to process imminently high volumes; the Clearing House’s RTP network , launched in 2017, reaches 60% of US DDA accounts and delivers real-time payments including: B2B real-time transactions.

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6 Best Procure-to-Pay Software Solutions in 2024

Nanonets

Receive Purchase Order Approval: The automated system reviews the PO against pre-set spending and budget rules, and sends it to the supplier electronically. Customizable Spending Rules: Enables administrators to set spending rules based on user, department, category, or location.

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