Moving Money X-Border In The Age Of ‘Business As Unusual’
PYMNTS
APRIL 8, 2020
billion) annually on remediation of failed payments and failed processing, as 2 million payments fail in Europe alone each day. As Brandli noted, in examining payments firms’ back offices, 80 percent of costs and 100 percent of risk derives from exceptions. “That isn’t changing,” said Brandli.
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