Automation is also hitting payments – leading to payments ops teams facing challenges that they might not have in the past. Automated Clearing Houses tend to batch process requests, which leads to a once a day “payment run” and processes all payments for your company in one go. However with an increasingly instant and automated world, many vendors are expecting to receive their funds much sooner, or even instantly. This article, written by CEO Dimitri Dadiomov of Modern Treasury, explores how we can take the next step in payments.
Read more here