New Remittance Data Enables AR To Automate Cash App of Wire Transfer Payments

April 26, 2015

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On the positive side, wire transfer payments are reliable and fast, which explains why over $600 trillion is transferred in over half a million payments annually via Fedwire and over $1 trillion a day in interbank payments via CHIPS (Clearing House Interbank Payments System). On the negative side (in addition to high cost), the tiny...

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