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Tags: AAA Insurance Exchange, ACH, issue payments electronically, disbursement workflow, cost savings, disbursement hub, disbursements, make the process better, flexibility, improve process, approvals, bulking, issuing payments, electronic remittance, Single Use Accounts, card payments, methods of payment, ancillary processing, control, issuing outbound payments, reduce the costs of issuing payments, new payment methods, disbursement processes, checks, MICR checks, payment disbursement hub, PayPilot, electronic payment, PointPay, fraud protection, fraud prevention, check fraud
How Businesses Can Be Effective and Efficient With Current Infrastructure for Issuing Payments
Recently, in the CFO Journal, a section of the Wall Street Journal, an interesting article regarding “Why Can’t We Get Rid of Checks” highlighted that U.S. businesses still pay half of their bills with paper checks.
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Tags: AAA Insurance Exchange, AAA NCNU, payment processing, ACH, issue payments electronically, remittance data, bank agnostic, disbursement workflow, lifecycle of existing systems, disbursement hub, Outbound Payment Processing, disbursements, make the process better, changes to process, flexibility, cost of issuing a paper check, improve process, paper, individual payments, bulking, issuing payments, electronic remittance, Positive Pay, Single Use Accounts, SUA, card payments, recurring payees, originating systems, methods of payment, ancillary processing, issuing outbound payments, new payment methods, issue payments, checks, MICR checks, reconciliation, payee, transaction, PayPilot, electronic payment, PointPay, Catastrophic Events, CATs
0 Comments Click here to read/write comments
Tags: AAA Insurance Exchange, AAA NCNU, payment processing, ACH, issue payments electronically, remittance data, integrity of payment data, provides transparency, self-service capabilities, bank agnostic, disbursement workflow, nimbleness straight through processing, cost savings, lifecycle of existing systems, add-on components
