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Europe’s Payee Checks Set the Pace as US Plans Take Shape

7 hours ago  - 

A payment moving from one country to another passes through banks, clearing systems and payment networks that operate under different rules. The recipient information used to check the payment and bolster security can be just as fragmented. Payee verification connects some of those far-flung systems. Banks and payment providers are placing account and beneficiary checks […] The post Europe’s Payee Checks Set the Pace as US Plans Take Shape appeared first on PYMNTS.com.

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