Participants of the Business Payments Coalition’s E-invoice Exchange Market Pilot recently formed the Digital Business Networks Alliance as the legal entity overseeing a new electronic exchange network.
Experts from the Federal Reserve System engaged with the payments industry during key conferences and webinars this spring. Explore highlights from their sessions.
The Federal Reserve, and specifically, Federal Reserve Financial Services (FRFS), is engaging with the payments industry at this spring’s conferences and webinars.
In the second installment of the Exchange Framework Profile Series, Marcos Martinez of Equinor discusses how the e-invoice exchange framework can help automate and strengthen domestic operations to align with the digitalization of other markets.
As a member of the Business Payments Coalition’s E-invoice Exchange Market Pilot, Microsoft is on the front lines helping to test the e-invoice exchange framework. Hear from Jayna Bundy on how the exchange framework will help improve the future of the B2B payments ecosystem.
Payments leaders gathered in person and virtually at the annual Chicago Payments Symposium to discuss industry trends, innovations and ways to better serve customers.
The Business Payments Coalition’s E-invoice Exchange Market Pilot is challenging the status quo of inefficient business-to-business (B2B) payments by developing a virtual network to enable businesses to share electronic invoices (e-invoices) with one another. Learn more about industry progress from the successful completion of wave one and the goals for wave two.
The E-invoice Exchange Market Pilot is working to implement an electronic invoice (e-invoice) exchange framework that will enable businesses of all kinds in the United States to connect and exchange e-invoices. Check out a step-by-step overview of how an e-invoice moves through an exchange framework from supplier to buyer.
The Remittance Delivery Assessment Work Group just released a recommendations report where they determined it is feasible to establish a remittance exchange framework, similar to the electronic invoice (e-invoice) exchange framework, with some minor adaptations. Read the recommended next steps.
The E-invoice Exchange Market Pilot has reached a major achievement – the first of three onboarding waves – where participants have started exchanging electronic invoices using the framework. This is a major milestone as it progresses the industry toward electronic business-to-business payments and straight-through processing.