Remove Payment Initiation Remove Payments Data Remove Remittance Data
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Why Faster Payments Isn’t The Answer To Accounts Receivable Delays

PYMNTS

the company will be taking lessons it’s learned from Europe’s own dealings with late supplier payments and the introduction of faster payment capabilities in the market. “We see faster payments coming into the U.S. is a lack of remittance data, he said. As Rimilia expands into the U.S.,

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Preserving Check Workflows Can Ease B2B Payments Digitization

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.” Virtual checks and application programming interface (API) infrastructures enable seamless integration of electronic disbursement workflows within the rest of the back office to ensure that payment initiation retains the “look and feel” of a paper check payment for the payer.

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The Canadian Case For ISO 20022

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in its faster payments initiatives. The main drivers behind CPA’s ISO 20022 initiative are to provide the Canadian financial community with enriched, robust remittance data, to enhance domestic and cross-border interoperability and to increase efficiency,” said Mark Brule, director of the CPA’s payments innovations operations.