Remove Finance Remove Reconciliation Remove Remittance Data
article thumbnail

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.

ISO 20022 105
article thumbnail

What New Payment Rails Miss About Solving B2B’s Remittance Challenge

PYMNTS

New technology solutions are stepping onto the market to help automate accounts receivable, accounts payable and the act of supplier payments, as well as other processes surrounding these fields, like trade finance, cash flow management and accounting. There’s nothing more valuable than remittance data.

article thumbnail

Mastercard and the Medical Tourism Association Join Forces to Revolutionize Cross-Border Healthcare Payments

Fintech Finance

These include increased security, robust controls, and real-time remittance data for more efficient reconciliation. The post Mastercard and the Medical Tourism Association Join Forces to Revolutionize Cross-Border Healthcare Payments appeared first on Fintech Finance.

article thumbnail

Guide to Cash Application Automation Software

EBizCharge

This mitigates the need for manual data entry or interpretation of remittance advice, allowing for a more accurate and expedient reconciliation process. What is remittance data? Remittance data comes in many forms, such as checks, bank transfers, or electronic remittance formats.

article thumbnail

Accounts Receivable Innovations Ease AP Pain

PYMNTS

Accounts payable and finance departments in the middle market want to invest in growth, in products, in service, in people — they don’t want to invest in suppliers or supplier-related processes,” he said, highlighting the supplier management and communication component of AP that is becoming increasingly important.

article thumbnail

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. ” He’s not the first to bring up the issue of corporates and banks struggling to transmit information along with funds.

article thumbnail

How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

It’s great to get a check, or wire, or ACH, but if you don’t know what it’s to be applied to, you have a huge cash application and reconciliation challenge.”. He did note, however, that he is “very optimistic” about the emergence of new payment services able to move remittance data along with funds.

Lockbox 43