Remove Liquidity Management Remove Message Standards Remove Payments Data
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Volante: Banks Must Look Beyond Speed With Real-Time B2B Payments

PYMNTS

One of the biggest opportunities is in the ability for real-time payments technologies to not just move money quicker, but to also move rich data along with the transaction, particularly amid spreading adoption of the ISO 20022 payments messaging standard.

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Citizens Bank’s Corporate Real-Time Payments Play

PYMNTS

However, the current payments environment in the U.S. is fragmented, Richardson said, and faster payment systems can remove some of the headaches of managing payments data and reconciliation. He pointed to RTP — the only real-time payments rail currently available in the U.S. — as an example.

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Shedding Light On FX And Supply Chain Risks Amid Cross-Border Payments

PYMNTS

Along with real-time conversions comes the need for real-time FX volatility management. Other areas of real-time processes include cash and liquidity management. This embrace comes as corporates are just starting to work with faster payments.