PYMNTSPayments

Smart Contracts Connect B2B Workflows to Real-Time Payments

By PYMNTS

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Source excerpt · PYMNTS

In the commercial payments realm, invoices need validation, discrepancies warrant resolution and someone (or an authorized system) ultimately approve the release of funds. Smart contracts are being used to carry approved payment instructions from business workflows into bank payment systems. For accounts payable and treasury teams, reducing the work between approval and execution smooths the […] T…