From Answers to Action: The Next Phase of AI in Payments and Receivables
Why the shift from generative AI to agentic AI matters for payments and receivablesworkflows. Watch the Video: AI In Payments & Receivables: From...
The Growing Risk of Check Fraud
Approximately 30% of payments received by companies are made through checks.
At the same time, check fraud and subsequent financial losses are on the rise. So, it's no surprise that financial institutions (FIs) cite external fraud as their top organizational risk.
These disruptions are straining businesses and their cash flow, highlighting the urgent need for reliable, online payment options that eliminate dependence on the postal system and keep operations running smoothly.
The Missing Piece of Real-Time Payment Processing: Integrated Receivables
Editor’s Note: This article has been updated from its original publication in April 2021. Faster payment expectations are changing how organizations...
Lockbox Explained: How It Works and Why It Still Matters
While the payments industry has continued shifting toward digital payments, many organizations still rely on checks for inbound payments. That’s why...