by Maddie Caron | Mar 16, 2021 | Blog Posts, Treasury
Electronic payments are not a new phenomenon, but the growing trend of organizations and industries moving away from checks as a form of payment and giving way to electronic payment methods cannot be ignored. In today’s world, companies need to be agile and efficient...
by Maddie Caron | Aug 31, 2020 | Blog Posts, Treasury
Payments are critical in any business, and the challenge to modernize as we continue to dive into the digital age is becoming more prevalent than ever. Organizations and banks are striving to find optimal ways to leverage real-time payments (RTPs), deliver their goods...
by Maddie Caron | Feb 20, 2020 | Blog Posts, Industry Updates, Treasury
What is UPIC? Universal Payment Identification Codes (UPICs) are unique account identifiers that mimic and take the place of real account numbers on electronic (ACH) payments. They allow organizations to store external payee payment instructions internally, without...
by Jordyn Fugere-Burmeister | Oct 14, 2019 | Blog Posts, Industry Updates, Treasury
Over the next 3 years, the global finance infrastructure will change firmly to the use of ISO20022 payments. Virtually all major central banks will be implementing the new infrastructure, including the US Federal Reserve, Bank of England, European Central Bank,...
