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SWIFT magazine painting a wider picture. Only a question of time before TSU and e-invoicing services find each others.
It is plain to see that a payment guarantee following on approval of an invoice can be extremely valuable both for the seller (can ship and can use invoice for financing) and buyer (gets the delivery faster – and cheaper financing + lower counterpart risk will eventually be reflected in price of goods).
Full TSU should get much more support and be integrated with e-invoicing to further automation. A simple payments assurance message – the payment sending banks sends automatically SWIFT message that money is irrevocably on its way (again enabling risk free shipping) - a TSU light….
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This post is from a series of posts in the group:
A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
Sean Salloux
04 Mar 0
Yuliya Barabash
04 Mar 0 1
Maxim Kazakov
03 Mar 1
Ruslan Kolodyazhnyi
03 Mar 0 2