Advances in technology have greatly helped corporate treasury in recent years, with many manual processes now automated. However, payments have taken only baby steps forward, leaving treasury executives to face many of the same, decades-old challenges.
All that looks poised to change due to a barrage of faster payments initiatives. From the Federal Reserve’s Fast Payments Task Force to The Clearing House’s Real-Time Payments solution to NACHA’s Same Day ACH service, these initiatives are the talk of the payments world and treasury professionals can’t afford to ignore them. AFP’s latest Payments Guide, Faster and Better: Faster Payments Initiatives Take Off in 2017, underwritten by MUFG Union Bank, provides an in-depth look at the initiatives that are most likely to impact them. The new guide allows practitioners with the insights they need as they evaluate the challenges and opportunities in each of these new payments solutions.
With faster payment initiatives propelling businesses forward around the world, treasury professionals need to have the latest information on the direction of payments and best practices to refine current processes and better serve key stakeholders.
Download Faster and Better: Faster Payments Initiatives Take Off in 2017 here.