Lithic’s Post

Payments, data, statements, transactions — the list goes on. In our data-driven era, organisations must effectively manage escalating amounts of data. Transaction processing services (TPS) aim to solve this by managing high volumes of transactions. Our latest blog post outlines five ways organisations can—optimally—leverage a single-source transaction processing partner. Read the full article. 👉 https://bit.ly/3SVqovm

Innovation meets user-centric research. Our latest study involving 350+ financial leaders sheds light on the challenges in payment reconciliation. Discover the insights and our commitment to improving transaction accuracy. https://lnkd.in/gJ5n3cHk

Innovation meets user-centric research. Our latest study involving 350+ financial leaders sheds light on the challenges in payment reconciliation. Discover the insights and our commitment to improving transaction accuracy. https://lnkd.in/emq8tidD

Innovation meets user-centric research. Our latest study involving 350+ financial leaders sheds light on the challenges in payment reconciliation. Discover the insights and our commitment to improving transaction accuracy. https://lnkd.in/gwMZT_PZ

Innovation meets user-centric research. Our latest study involving 350+ financial leaders sheds light on the challenges in payment reconciliation. Discover the insights and our commitment to improving transaction accuracy. https://lnkd.in/gHDtcpjg

With Configure, the complexity of financial data analysis is simplified through four effective methods: First, you can utilize automated transaction categorization while checking the trend analysis. Next, you can use the debt-to-income ratio calculation and conduct identity verification of the account holder’s information. If you are interested in how it works, please scan the code to schedule a demo.#Finance #Lending

Unlock the secrets to effective utility payment management with our insightful #webinar recording! 💡Preventative Measures: Strategies to minimize the occurrence of late payments. 💲Proactive Bill Recovery: Techniques for collecting overdue payments while maintaining customer goodwill. ✉️Personalized Communication: Tailor messages to encourage on-time payments. 📊Data Analytics: Use insights to identify factors influencing payment timing and improve collections. Watch now: https://lnkd.in/giirgJix.

Explore how expense and data management lead in commercial payments. Learn about challenges, key features, and the rising demand for tools to optimize cash flow and mitigate business risks globally. https://bit.ly/3XrzUZp

Attention Banks/Credit Unions decision-makers working in collections! Are you prepared to handle more delinquencies with your current Collections technology stack? Do you have a plan-in-place in case the Fed does not lower interest rates in September? If your answered NO to both, check out ML Collect by clicking the link below. Discover how this collections software can streamline workflows, boost automation, and offer real-time payment tracking for efficient delinquency management. [Link to ML Collect: https://lnkd.in/efs7tkiW]

Data is the new money Data-driven expansion into financial services In their journey to unlock the value of data, payment companies are continuously capturing data on a variety of consumer actions. This includes the type of payments made, the frequency and time of purchases, the nature of goods or services bought, and more. With this wealth of data at their fingertips, expanding into additional digital financial services seems a logical next step. Offering services such as insurance, wealth management, banking services, and lending not only creates additional revenue streams but also serves the customers' broader financial needs. https://lnkd.in/gykWSZpv