https://media.blubrry.com/paymentsjournal/paymentsjournal.com/wp-content/uploads/2024/01/CSG-Forte-001-004-Final-Draft-NEW.mp3Podcast: Play in new window | DownloadEvents in the payments space are moving rapidly
Italy-based financial technology company Plannix has partnered with Salt Edge , a financial API platform, to optimise personal finance through Open Banking
UK-based Open Banking standards-based software developer Ozone API has raised GBP 8.5 million in a Series A funding round led by Gresham House Ventures
https://media.blubrry.com/paymentsjournal/paymentsjournal.com/wp-content/uploads/2024/01/TIS-001-004-Final-Draft.mp3Podcast: Play in new window | DownloadAs any seasoned treasury or finance practitioner knows from experience, organizations dealing with numerous banking partners must account for a broad and constantly shifting range of protocols when it comes to processing payments. For instance, if a business has relationships with six or seven banks spread across the globe, it could easily be looking at 25-plus variants of payment formats. In a recent PaymentsJournal podcast, Jon Paquette, Executive Vice President of Solutions and Product Strategy at TIS (Treasury Intelligence Solutions), and Albert Bodine, Director of Commercial and Enterprise Payments at Javelin Strategy & Research, discuss the best practices for dealing with multi-bank connectivity and payment processes.PaymentsJournalManaging Multiple Bank Connections: A Primer for Payment ProcessorsPaymentsJournal Managing Multiple Bank Connections: A Primer for Payment ProcessorsPaymentsJournalThe Challenges of AutomationGiven the variances that occur across different banks and regions for financial messaging formats, remittance data fields, regulatory reporting standards, etc., dealing with multiple banks can become very complex for organizations to manage