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July 4, 2022
Finance Technologies

How FIs can reduce friction and drive value in the payments system

Frictionless finance is more than just a catchy alliterative phrase. It describes a new way of thinking about payments that leverages incremental data to make the payments journey easier and creates additional value for clients. FIs can help clients proactively identify and respond to potential problems. The accelerating digital transformation is bringing new capabilities that simplify data flows to eliminate breakage, and allow financial institutions (FIs) to provide clients with more accurate forecasts and insights. Data has become the critical asset in any payments strategy — something to be used to differentiate client experiences, and enable greater efficiency and revenue…
How FIs can reduce friction and drive value in the payments system

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