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Cash Pooling and a Business Practice, TMI Magazine, TMI 169
At an uncertain time for UK businesses, the collaboration between regulators, banks and third-party providers are blazing the way to a new banking revolution through Open Banking. Combined with the Faster Payments scheme and innovations such as virtual accounts, businesses can be more agile and adaptable to the needs of a changing and challenging business environment.
With the aim of being as efficient as possible in its reconciliations, Panini was looking to achieve the same level of detailed information on cross-border collections as it was able to achieve on domestic collections.
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