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What ‘Work From Home’ Means For Paper-Based AR Departments

PYMNTS

The trend presents a unique conundrum for organizations’ order-to-cash operations, especially when businesses’ own clients continue to pay via paper check : The check may be in the mail, but how can a business apply that cash if there is no one at the office to open it? Lockbox Data Headaches. ” asked Biegel.

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FIs Embrace FinTech Options To Bolster Business Banking

PYMNTS

Apollo Bank Adopts CheckAlt Lockbox Technology. Miami-based Apollo Bank is turning to a third-party FinTech to strengthen its corporate payments and treasury management offering. Token Lands Funding For Open Payments Offering. As open banking continues to proliferate across Europe and the U.K.,

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Banks, FinTechs Find New Open-Data Use Cases

PYMNTS

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other.

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Preserving Check Workflows Can Ease B2B Payments Digitization

PYMNTS

Rather, Reed explained, by virtualizing the paper check and preserving many of the workflows that surround it, businesses can face far less friction in their payments digitization journeys. Rather, a more effective strategy can be to actually support corporates’ check payment operations while digitizing key components.

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