The Business Payments Coalition with support from the Federal Reserve, has launched an E-remittance Exchange Pilot. Pilot participants are testing an electronic delivery network – known as an exchange framework ecosystem – that will enable all kinds of businesses to exchange electronic remittance information.
The Remittance Delivery Work Group has completed a successful validation phase where they demonstrated it is operationally feasible for an exchange framework to deliver electronic remittance (e-remittance) information for B2B payments. Read the report.
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.