In a recent article in The Green Sheet, Cheryl Fitzgarrald of BHMI outlines the growing need for payment processors to bridge the gap between legacy batch systems and emerging real-time payments. With instant

In a recent article in BAI Banking Strategies by ProSight Financial Association, Casey Scheer of BHMI dives into why the payments back office is the hidden powerhouse behind financial innovation, and why modernizing back-office infrastructures is no longer optional.

For decades, batch settlement has been the backbone of card-based transactions. However, with the evolution of faster payments, traditional settlement cycles of one to three business days are being replaced

As 2025 begins, many financial services companies are making the modernization of the payments back-office a top priority because it is the operational heart of payments processing. In a recent article

Financial services companies such as payment service providers, payment networks, and banks often struggle to remain agile and competitive in this rapidly changing world of payments. And as the number of

For decades, many banks, merchant acquirers, and payment processors have tried to keep pace with the rapid changes in the payments industry by adding point solutions and patches to their

Batch processing methods have been used for card-based transactions for decades. However, as the adoption of real-time payment methods continues to grow, financial services companies must support both batch and

In today’s rapidly evolving payments landscape, data is one of the most valuable resources for any company that processes payments, including card issuers and merchant acquirers. Although companies processing payments

As the payment space changes rapidly, banks, merchants, and processors are updating front-end platforms to meet the growing demand for new, fast payment methods. However, many still struggle to keep

In the ever-evolving payments processing landscape, there are two prominent message formats: ISO 8583 and ISO 20022. ISO 8583 is specifically for card-based transactions, and ISO 20022 covers all transactions including