Transaction Processing

Transaction Processing

Simplicity in the Age of the Customer
5/22/2018 • 12:00 AM-4:30 PM • Room 204 • Audience: Beginner

Simplicity is at the forefront of emerging commerce. Businesses that create an effortless experience for customers are seeing tangible financial results. Could the ROI from simplicity benefit your business? Learn about the case for simplification as an organizing framework, and hear how Allstate Insurance is simplifying to drive value and faster payments for its customers and business.

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Bridging the Gap – Confronting the Challenges of Decoupled Payments
5/22/2018 • 12:00 AM-4:30 PM • Room 205 • Audience: Intermediate

As organizations continue to pursue converting checks to electronic payments in accounts payable, there has been an adverse effect in accounts receivable when it comes to dealing with decoupled remittance processing or missing electronic remittance. This is a growing challenge for organizations, resulting in lower overall auto cash application rates. We will discuss the challenges faced by accounts receivable as the payment landscape changes and present strategies for integrating electronic payments and accounting systems.

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Digital Transformation: Is it Keeping You Up at Night?
5/22/2018 • 4:40 PM-5:30 PM • Room 326 • Audience: Intermediate

Join this informative discussion and build your understanding of forces that are impacting our world. The digital shift has evolved, and every industry is affected. Companies cannot afford to be stuck in processes operating on technology and frameworks that were designed decades ago. It is imperative for Treasury to be actively engaged in the organization’s digital agenda, and leverage emerging innovations for faster payments and artificial intelligence, potentially resulting in cost efficiencies across business flows.

How Millennials are Changing the Payments Landscape: ePayments Discussion
5/23/2018 • 11:20 AM-12:10 PM • Room 205 • Audience: Intermediate

With nearly 80 million millennials born between 1980 and 1999, their behaviors and expectations are shaping developments in business, commerce, and even more simply, access to money. Through the use of payment sharing applications, millennials have driven the adoption of digital wallets. This session will focus on the shifting payment landscape and how companies need to prepare to support it. Learn about the evolution of person-to-person payments as well as developments in business-to-consumer payments.

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Same Day ACH: A Strawman for Future Enhancements
5/23/2018 • 11:20 AM-12:10 PM • Room 325 • Audience: Intermediate

Same Day ACH Phase 3 will be completed in March of 2018. With the initial roll out almost completed, it is time to start looking towards the future. Same Day ACH: A Strawman for Future Enhancements will propose four new enhancements to the Same Day ACH offering. Learn how we can address feedback including better scheduling for West Coast Financial Institutions, a need to process large-dollar ACH transactions, and additional features for use cases such as payroll, bill payments, and B2B.

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The Pathway to Smarter Receivables Management
5/23/2018 • 11:20 AM-12:10 PM • Room 327 • Audience: Intermediate

For many corporations, receivables processing remains a resource-intensive, manual process. Automating reconciliations can deliver time savings of up to 80% while also reducing error rates and improving customer service, yet many treasury teams remain wary of investing in this area. Based on the experiences of real corporations, this session sets out a pathway that an organization can follow to introduce artificial intelligence into invoice matching and begin to reap the benefits of automation.

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Smart Automation Shapes Smarter Payment Solutions – Applying AI
5/24/2018 • 9:30 AM-10:20 AM • Room 205 • Audience: Beginner

Digital innovation is driving transformation in the treasury management industry. Bank technology is evolving to meet new challenges and stay ahead of the changing payment landscape. Artificial intelligence, robotics technology and automation all have the potential to transform operations and eliminate some routine processes. We will discuss strategies for leveraging technology in new ways in order to enhance payment solutions. We will also explore case studies involving successful implementation of artificial intelligence to process payment.

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Balancing the Payments Evolution with Varying Demographics
5/24/2018 • 9:30 AM-10:20 AM • Room 326 • Audience: Intermediate

Migration of payment types and channels to faster, more efficient methods is an ongoing transformation exercise. Identifying the applicability of Faster Payments solutions, coupled with process enhancements for traditional payments requires extreme diligence. Companies must sort through the ambiguity to align people, process, technology, and most of all, customer need. Multiple generations with varying payment processing expectations demands a dynamic approach. Let’s jointly discuss the challenges, opportunities, and demographic expectations of the payments evolution.

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