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Banking and finance

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Transforming Payments: Introducing FedNow - The Future of Real-Time Transactions

In an era of rapidly evolving technology and growing demands for faster payment solutions, the Federal Reserve in the United States is preparing to launch FedNow, a ground-breaking real-time payment system. FedNow aims to revolutionise the way funds are transferred, …

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The Effect of Advancing IT on Financial Institutes

Gone are the days when every financial activity required paperwork to maintain security and records to handle customer data for better security. With the proliferation in the new technologies, IT sectors have bloomed and aggravated their functionalities in other industries …

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The Working of 2019 NACHA Operating Rules

The National Automated Clearing House Association (NACHA), aims at providing a secure and well-organized payment system, which further develops an ensured and safe payment structure, done online or through your debit card. The Automated Clearing House is seen as the …

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Why You Need Cash Flow Forecasting ?

With banking and financial firms seeking more business solutions, cash flow forecasting, which is also otherwise known as cash flow budget, has come up in demand for providing the best future estimation for any organization that sees surplus investments in …

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6 Reasons Why You Need to Stay Compliant in Banking and Finance Industry

Banking and Financial Industries stand as a strong pillar for any nation. It remedially acts as a backbone to the country's economic flow and gains a positive efficacy that maintains and governs the safety and reliability of a country's growth. …

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