Fintech Finance

SEPTEMBER 17, 2024

ISO 20022 incorporates rich structured data and increased field size to provide greater transparency and efficiencies, reducing delays caused by unstructured, incomplete, or inconsistent data.

ISO 20022 66

ISO 20022 ISOs Reconciliation Message Standards 66

PYMNTS

FEBRUARY 19, 2019

.” Large enterprises are locked into their payment habits and complex, legacy ERP systems, so initiating any change in technology or behavior is no easy feat. Yet, another key factor behind faster payments’ inability to accelerate supplier payments, both across Europe and in the U.S., and Europe have imposed.

Faster Payments 75

Faster Payments Accounts Remittance Data Same Day ACH 75

PYMNTS

OCTOBER 26, 2018

In an earlier interview with PYMNTS, Ben Peters, chief operating officer at insurance payments solutions company VPay, said a lack of remittance data may be partially to blame for ACH’s lack of ubiquity. In corporate banking and payments, the challenges that arise can be vast.

Remittance Data 60

Remittance Data ACH Request for Information RTP 60

PYMNTS

JUNE 29, 2018

That’s because the insurance industry is heavily reliant on payment data, perhaps more so than other verticals. “There is some value in speed of payment,” he said of the insurance sector’s interest in faster B2B payments. “We see really high adoption of virtual cards.”

Faster Payments 40

Faster Payments Same Day ACH ACH Remittance Data 40

PYMNTS

DECEMBER 21, 2016

The invoicing and corporate cash management firm revealed that the NBA team is now using Viewpost to manage its own supplier payments needs, enabling the franchise to send digital invoices to its corporate clients and accept electronic payments.

B2B 50

B2B Remittance Data Payments Cash Management 50

PYMNTS

FEBRUARY 26, 2020

As the world’s payment market infrastructures and their currencies complete their adoption of ISO 20022, they are reaping the benefits that interoperable and data-rich standard can offer. Richer Data With A Little Help From Our Friends .

ISO 20022 104

ISO 20022 ISOs SWIFT Cross-Border Payments 104

PYMNTS

MAY 7, 2020

.” 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.

Checks 67

Checks B2B Payment APIs and Integration Remote Deposit Capture 67