BHMI, a leading provider of enterprise software applications and creator of the Concourse Financial Software Suite™, today announced the availability of a new white paper, developed in partnership with Mercator Advisory Group, that focuses on the impact and implications of faster payments on U.S. payments processors, networks and bank technology providers. It outlines specific challenges that each may face as the industry moves toward a real-time payments environment.
The research brief, “Is Your Back Office Keeping Up with the New World of Payments?” takes a critical look at the current state of the nation’s faster payments landscape. It examines the real-world implications for organizations attempting to adopt these new platforms while relying on outdated back-office legacy systems. With a balanced point of view, the paper examines in detail what adoption will entail, and provides best practices and suggested methods for achieving a successful end-to-end implementation.