Modernizing the Payments Back Office: Why “Buy” Deserves a Second Look

In a thoughtful piece for PaymentsNEXT, Kate Knudsen, Senior Program Director at BHMI, breaks down the pros and cons of the three common modernization paths for the payments back office: Build, Buy,

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Revolutionizing Payment Operations with Real-Time Reconciliation

As payment volumes and the adoption of instant payments grow, the traditional, batch-based reconciliation processes are no longer enough.  In his latest article for BAI Banking Strategies by ProSight Financial Association, Michael Meeks, CTO

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The Shift Toward Unified Payment Processing

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

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Why Financial Institutions Must Rethink Their Payments Back-Office First

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.

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Evolution of Card Payment Settlement: From Batch to Real-Time

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

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Why Companies are Rethinking the Payments Back-Office

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

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Gaining Control of Transaction-Based Fee Structures

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

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Overcoming Legacy Systems Debt in the Payments Back-Office

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

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Juggling Batch Payments Processing in Real-time

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

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Revolutionizing Decision-making with Payments Data

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

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