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Simply stated: Manual processing of virtual cards leaves room for human error and costs these businesses time, money, and resources. Boost Intercept is Boost's patented straight-through-processing solution, which helps streamline businesses' payments of American Express virtual Cards by automating the process. Customers may cancel theNew York: The American Express One AP® service is a money transmission service provided by American Express Travel Related Services Company, Inc. (American Express). California: The American Express One AP® service is a money transmission service provided by American Express Travel Related Services Company, Inc. (American Express). Georgia: The American Express One AP® service is a money transmission service provided by American Express Travel Related Services Company, Inc. (American Express).
Persons: Colleen Taylor, Dean M, Leavitt, It's, acquirer Organizations: American Express, Suppliers, Payment Solutions, Intercept, American, Insider Studios, Mercator Advisory, Express ®, Corporate, Services Company, Inc, Express, New York State Department of Financial Services, Georgia Department of Banking, Finance Locations: U.S, York, California, Georgia
By Matt Richardson, head of treasury product solutions, CitizensFueled by greater connectivity and faster transactions, the digital transformation of the payables and receivables landscape continues to reshape the outlook for treasury management. We've seen many companies embrace faster and easier payments systems. This is set to launch by 2023 and will extend access to real-time payments to more financial institutions and customers nationwide. The dominant force in this area will be cloud-based, intelligent payables and receivables platforms like Citizens' integrated payables solution powered by Paymode-X. Relatedly, payment messaging will be an essential area to keep track of as new digital payment options are becoming increasingly sophisticated and data-intensive.
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