Remove Finance Remove Remittance Data Remove Wire Transfer
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Mastercard and the Medical Tourism Association Join Forces to Revolutionize Cross-Border Healthcare Payments

Fintech Finance

This marks a first-of-its-kind move for the medical tourism industry, which has largely remained reliant on cash and wire transfers, leading to a lack of financial transparency and limited payment options for individuals seeking treatments abroad. Introducing virtual cards also brings a range of benefits to providers.

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How Small Businesses Ride Their Payment Rails

PYMNTS

New data has emerged about how SMBs use other payment rails , including cards and wire transfers. Ninety-four percent of corporates surveyed by The Clearing House said remittance information included with wire transfer payments is valuable , with nearly two-thirds describing this feature as “very valuable.”

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Guide to Cash Application Automation Software

EBizCharge

Now, automated cash application software employs artificial intelligence and machine learning to automatically match payments received via various payment methods, like credit cards, wire transfers, and electronic payments, to their corresponding invoices. What is remittance data?

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Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

Although new technology is appealing, treasury and finance professionals tend to stick with what works for them, and their vendors,” said AFP President and Chief Executive Jim Kaitz in a statement this week. Check and ACH transactions have been around for a long time for a reason.

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What Is Remittance Advice? Definition, Examples, and Tips to Enhance for Your Company

EBizCharge

Remittance advice documents generally consist of the following; The name and contact details of the payer The remittance advice date Payment amount and currency Payment method (e.g.,

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