Get the White Paper from the Federal Reserve on Electronic Payments & Remittance Data Pain Points & Solutions
This paper on electronic payments and remittance processing was prepared by the Federal Reserve Banks of Minneapolis and Chicago. Many U.S. businesses continue to use a disproportionate number of checks to make and receive business-to-business (B2B) transactions and rely on manual, paper intensive processes to reconcile associated remittance data. The results of a survey conducted by the Remittance Coalition (RC) show that this is a consequence of persistent barriers that impede adoption of more e-payments and e-remittance data.
- The current state of electronic payments & remittance processing
- Critical issues to the success of these programs
- The needs of customers and vendors in relation to moving to an electronic system
Fill out the form to be redirected to the paper on the Credit Research Foundation website.