PYMNTS

NOVEMBER 5, 2018

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.”

Small Business 68

Small Business Same Day ACH Wire Transfer NACHA 68

Fintech Finance

JULY 10, 2024

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.

Cross-Border 97

Cross-Border Visa Wire Transfer Accreditation 97

EBizCharge

MAY 31, 2024

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?

Automation 52

Automation Remittance Data Correspondent Wire Transfer 52

PYMNTS

MAY 22, 2017

Those features include remittance advice matching, ACH and wire repair and an integrated receivables file. The tools aim to reduce paper in corporate finance operations, Wells explained, and nix manual remittance and data entry.

ACH 40

ACH Accounts Wire Wires 40

PYMNTS

SEPTEMBER 12, 2019

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.

AFP 51

AFP Checks ISO 20022 Cross-Border 51

PYMNTS

OCTOBER 31, 2019

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. The Path to Integration.

Lockbox 43

Lockbox Remittance Data Checks RTP 43

EBizCharge

JUNE 19, 2024

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.,

Payer 52

Payer Reconciliation Correspondent Wire Transfer 52