article thumbnail

BIS Completes Project Mandala, Automating Cross-Border Transaction Compliance

Fintech News

The Bank for International Settlements (BIS) and a group of central banks have successfully completed Project Mandala demonstrating automated compliance for cross-border transactions. The system’s capabilities were demonstrated through two practical use cases.

article thumbnail

PayJunction Announces Integration with Zapier to Help Businesses Create Custom Payment Workflow Automations

Fintech Finance

PayJunction , a leading tech-focused payments company, has announced an integration with Zapier , the workflow automation platform for businesses of all sizes, that enables the creation of custom, scalable automations that meet their unique business needs in minutes. “The PayJunction team and API were both great to work with. .

article thumbnail

Understanding Payment Links: What They Are, How They Work, and Their Use Cases

Stax

Sending the payment link Usually, your payment provider will automate the payment workflow for sending payment links via email or SMS, even for recurring payments. Use Cases of Payment Links in Action Links are an excellent payment option in the following scenarios: You dont process a lot of online sales.

article thumbnail

BNP has identified 780 AI use cases

Bank Automation

We included automation, robotization, digitalization” as part of the bank’s […] “The second quarter marked the continuation of our ambitious but disciplined development within AI,” Chief Financial Officer Lars Machenil said during the bank’s earnings call on July 24. “We

Use Case 128
article thumbnail

The Clearing House raises RTP transaction limit to $10M

Bank Automation

The Clearing House raised the transaction limit on its Real Time Payments network to $10 million, opening the door for new uses of the rail for commercial transactions.

article thumbnail

Generative AI in Payments: 4 Use Cases to Increase Revenue and Optimise Costs

Fintech News

Combining Generative AI and innovative payments engine – 4 promising use cases Based on its clients’ best practices, OpenWay has identified four areas where the combination of Gen AI and an advanced payment processing platform delivers maximum benefits. Read more about OpenWay’s Gen AI digital payments use cases here.

Use Case 122
article thumbnail

Tangible use cases provide an argument for data-based payments

Payments Source

Helping corporates manage cash and liquidity through automated data-based actions can start to ease serious headaches for treasurers, says Icon Solutions' Simon Wilson.

Use Case 112