Electronic Transfer

JOE TRIMBLE: Different phases of your operating cycle require different financial solutions

Lance Gravel

July 14, 2021

Electronic Transfer

Your business is unlike any other. Yet many businesses in Pahrump, including manufacturing, wholesale, retail, and professional service companies, go through several phases in their operating cycles th...

Silicon Valley Bank, Kantox Risk Management Team

Lance Gravel

July 11, 2021

Electronic Transfer

Silicon Valley Bank (SVB) and UK FinTech Kantox have extended their partnership so that the bank's clients can take advantage of Kantox's automated currency risk management tools, the companies said in a press...

BB restores the interbank check clearing system

Lance Gravel

July 10, 2021

Electronic Transfer

The Bangladesh Bank restored the interbank check clearing system yesterday, a major relief for users, but a backlog of checks and the non-operational electronic funds transfer (EFT) platf...

New data security rules instituted for the US payment processing system

Lance Gravel

June 30, 2021

Electronic Transfer

New data security rules governing how money changes hands in the United States came into effect today, requiring m...

B2B payment processing requires customer focus

Lance Gravel

June 29, 2021

Electronic Transfer

One of the biggest challenges facing merchants is how customers expect to receive and make payments, said Jayme Moss, executive vice president of payment operations and strategy at VersaPay. When it comes to p...

Schwab completes integration of its digital customers

Lance Gravel

June 23, 2021

Electronic Transfer

Although the integration between Charles Schwab and TD Ameritrade is still far from complete, the acquisition is starting to bear fruit for Schwab's technology for advisors.In July, independent financial advis...

Audit: Town of Oakdale Clerk Stole $ 360,000 | Business

Lance Gravel

June 22, 2021

Electronic Transfer

OAKDALE - A former Oakdale town clerk is accused of embezzling nearly $ 360...

How remote working will reshape the back office | TSA

Lance Gravel

June 21, 2021

Electronic Transfer

The pandemic has been tough on everyone in different ways, and while the end is in sight, we are not there yet. But, as we approach a year and a half of work from home, we can look back with a bit of hindsi...

Zacks: brokers anticipate SVB Financial Group (NASDAQ: SIVB) to report quarterly sales of $ 1.09 billion

Lance Gravel

June 20, 2021

Electronic Transfer

Brokerages expect SVB Financial Group (NASDAQ: SIVB) to post sales of $ 1.09 billion for the current quarter, according to Zacks. Six analysts have released earnings estimates for SVB Financial Group. Th...

Validea Motley Fool Strategy Daily Upgrade Report – 06/19/2021

Lance Gravel

June 19, 2021

Electronic Transfer

THere are today's updates for Validea Small cap gr...

Updates to the CARES Roi and Spalding Act Provider Assistance Fund reporting requirements

Lance Gravel

June 18, 2021

Electronic Transfer

On June 11, 2021, HHS released an updated Notice of Post-Payment Reporting Requirements (the Notice). Notably, the notice describes how the period of availability of payments from the CARES Act Provider R...

Simplifya closes $ 6 million Series B funding round

Lance Gravel

June 18, 2021

Electronic Transfer

Will simplify, a Denver, CO-based provider of regulatory and operational compliance software for the cannabis industry, has raised $ 6 million in Series B funding. The round was led by Blue Z...

Simplifya Makes Major Changes in Q2 with Closing of $ 6 Million Series B Round, Addition of Jeff Katz to Board of Directors, and Looming Launch of TENDRTM Payment Processing Solution

Lance Gravel

June 17, 2021

Electronic Transfer

Enter Wall Street with Street Insider Premium. Claim your 1-week free trial here. DENVER - (BUSINESS WIRE) - Will simplify, the leading provider of regulatory and operational compliance s...

Definition of the item in transit

Lance Gravel

June 17, 2021

Electronic Transfer

What is a transit item? An item in transit is a check or draft issued by an institution other than the bank where it was originally deposited. Items in transit are separated from internal transac...

Michael Descheneaux sells 4,012 shares of SVB Financial Group (NASDAQ: SIVB)

Lance Gravel

June 17, 2021

Electronic Transfer

SVB Financial Group (NASDAQ: SIVB) insider Michael Descheneaux sold 4,012 shares of the company in a trade on Monday, June 14. The shares were sold at an average price of $ 557.13, for a total transaction...

Healthcare Alert: Provider Assistance Fund Report Updates Announced

Lance Gravel

June 16, 2021

Electronic Transfer

On Friday, June 11, the Department of Health and Human Services (HHS) announced changes to the Provider Relief Fund (PRF) reporting requirements and denied further requests for changes in a long-awaited res...

Repay Holdings Co. (NASDAQ: RPAY) is expected to report quarterly sales of $ 44.43 million

Lance Gravel

June 15, 2021

Electronic Transfer

Equity research analysts expect Repay Holdings Co. (NASDAQ: RPAY) to report sales of $ 44.43 million for the current quarter, Zack reports. Three analysts made estimates for Repay's earnings. The lowest ...

Usio announces its listing on the Nasdaq Global Market®

Lance Gravel

June 14, 2021

Electronic Transfer

SAN ANTONIO, June 14, 2021 (GLOBE NEWSWIRE) - Usio, Inc: (Nasdaq: USIO), a provider of FinTech and integrated electronic payment solutions, today announced that its common shares have been approved for list...

HHS Updates Guidelines and Timelines for Provider Relief Fund Reporting | Bass, Berry & Sims PLC

Lance Gravel

June 14, 2021

Electronic Transfer

After months of quiet soul-searching, on June 11, 2021, the US Department of Health and Human Services (HHS) released a long-awaited update Post-payment notification of reporting requirements, which descri...

Didi’s IPO file shows rebound from pandemic lows

Lance Gravel

June 11, 2021

Electronic Transfer

Share Tweeter Share Share Share E-mail ...

Elimination of payment frictions by B2B paper check

Lance Gravel

June 11, 2021

Electronic Transfer

Share Tweeter Share Share Share E-mail ...

Repay Holdings Corporation – Consensus Says Potential 8.0% Increase

Lance Gravel

June 11, 2021

Electronic Transfer

Repay Holdings Corporation with ticker code (RPAY) now have 9 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The target price is between 32...

Second wave of Covid: the rebound rate of direct debit payments increases for the 2nd month in May

Lance Gravel

June 10, 2021

Electronic Transfer

Hit by the second wave of the Covid-19 pandemic and lockdowns, stress among borrowers appears to be on the rise, although it is lower than what was seen in the first wave of the pandemic. Data collected by...

Timothy John Murphy sells 25,267 shares of Repay Holdings Co. (NASDAQ: RPAY)

Lance Gravel

June 9, 2021

Electronic Transfer

Repay Holdings Co. (NASDAQ: RPAY) Chief Financial Officer Timothy John Murphy sold 25,267 shares of the company in a transaction dated Tuesday, June 8. The shares were sold at an average price of $ 25.00,...

Auto Debit Defaults Rise For Second Month – The New Indian Express

Lance Gravel

June 8, 2021

Electronic Transfer

Through Express news service NEW DELHI: Highlighting the continued build-up of stress due to the shutdown of economic activities, the number of recurring transaction failures, or di...

What is an external transfer?

Lance Gravel

June 8, 2021

Electronic Transfer

An external wire transfer is a way to electronically transfer money from an account at one financial institution to an account at another financial institution. External transfers can be used to transf...

Closer to real-time for real-time payments

Lance Gravel

June 8, 2021

Electronic Transfer

What is delaying real-time payments? In 2017, the veil was lifted on an interbank payment system offering near instant settlements instead of automated c...

Closer to real time for real-time payments

Lance Gravel

June 8, 2021

Electronic Transfer

What blocks real-time payments? In 2017, the veil was lifted on an interbank payment system providing near-instant settlements instead of next-day automated clearing house (ACH) transactions. The real-time ...

Why Ashcroft Capital Value-Added Fund is a Smart Choice for Savvy Investors – Business Watcher

Lance Gravel

June 7, 2021

Electronic Transfer

the Ashcroft Capital Value Added Fund is a new fund focused on capital preservation and risk mitigation. By focusing on five to seven large-scale, value-added Class B multi-family properties in the south...

What does a millennial investor want HODL in this digital age?

Lance Gravel

June 6, 2021

Electronic Transfer

When Srishti Mehta, a 28-year-old commercial artist from Bengaluru, sold two of her digital works with NFT, she stumbled upon a whole new world. Not only did she find out that she could monetize her unsold ...

Treasurer calls for delay in monthly ad valorem payments | Economy and work

Lance Gravel

June 4, 2021

Electronic Transfer

SARATOGA - The recently passed legislation appears to be causing headaches ...

NACH payments will be available every day of the week

Lance Gravel

June 4, 2021

Electronic Transfer

The National Automated Clearing House (NACH) block payment system will be available every day of the week from August 1, the Reserve Bank of India (RBI) announced on Friday. The service, u...

What’s happening in the B2B payment world in 2021?

Lance Gravel

June 4, 2021

Electronic Transfer

2020 has been such an unexpected year. Even if you had seen the pandemic coming, no one would have guessed in March 2020 that we would still be talking about it in 2021, or understood how much it would chan...

What you need to know – Forbes Advisor

Lance Gravel

June 4, 2021

Electronic Transfer

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. ...

Slurpee And A Parlay? 7-Eleven among Michigan gambling deposit options

Lance Gravel

June 3, 2021

Electronic Transfer

Anyone who watches TV, listens to the radio, or otherwise lives in Michigan is familiar with the arms race. online game operators are struggling to gain new customers. But below the surface, there is a...

Paysafe’s iGaming Relationship with Golden Nugget Online Gaming Expands to Michigan – Digital Transactions

Lance Gravel

June 3, 2021

Electronic Transfer

Less than a month after Paysafe Group Holdings Ltd. announced that the processing of online gambling transactions will become a main objective for the company, the strategy quickly paid o...

Ask Liz: No, Paying Bills With Paper Checks Does Not Protect Your Personal Information | Business

Lance Gravel

June 3, 2021

Electronic Transfer

Dear Liz: I do not share your opinion that electronic payments are much saf...

Usio defines another transaction volume record, processing

Lance Gravel

June 3, 2021

Electronic Transfer

SAN ANTONIO, June 03, 2021 (GLOBE NEWSWIRE) - Usio, Inc. (Nasdaq: USIO), a leading provider of FinTech and integrated electronic payment solutions, today announced that May 2021 is the very first month of the...

Usio sets another deal volume record, handling over $ 1 billion in May 2021, the highest monthly total in company history

Lance Gravel

June 3, 2021

Electronic Transfer

Total dollar volume processed to date in 2021 has already passed the 2020 record high of $ 3.3 billion, second quarter ACH dollar volume and transactions processed have already surpassed the previous record qu...

Usio sets up another transaction – GuruFocus.com

Lance Gravel

June 3, 2021

Electronic Transfer

SAN ANTONIO, June 03, 2021 (GLOBE NEWSWIRE) - Usio, Inc. (USIO, Financial), a leading provider of financial technology and integrated electronic payment solutions, today announced that May 2021 was the company...

Are the banks open today? Federal holidays 2021

Lance Gravel

June 2, 2021

Electronic Transfer

If you deposit a check when the Federal Reserve is closed, you may experience a delay in the availability of funds. A Fed holiday can also cause an invoice to be overdue if the processing date is a Fed hol...

Finzly named finalist of the PayTech Awards for “Best PayTech Partnership”

Lance Gravel

June 2, 2021

Electronic Transfer

As a finalist for 'Best PayTech Partnership', Finzly is recognized for working with Lead Bank to improve the bank's payment and digital capabil...

Accept Canadian payments with no conversion fees

Lance Gravel

June 1, 2021

Electronic Transfer

Canada and the United States share a common language and culture and have enjoyed a close and prosperous business relationship on top of that. In fact, Canada offers an open market for US goods...

Ways out of the debt trap in the face of surging defaults – The New Indian Express

Lance Gravel

May 31, 2021

Electronic Transfer

Express press service NEW DELHI: Indians are trapped in a whirlwind of financial and health uncertainties - which quickly put them out of sight in terms of financial management. In a di...

Liz Weston: No, paying bills with paper checks does not secure your personal information

Lance Gravel

May 30, 2021

Electronic Transfer

Dear Liz, I do not agree with your opinion that electronic payments are much more secure than sending checks in the mail. My own personal experience of sending checks for about 40 years with a single incide...

KSFE is preparing to support the Smart Kitchen initiative

Lance Gravel

May 29, 2021

Electronic Transfer

Kerala's 2021 budget announced kitchen modernization program to ease women's workload It is learned that Kerala State Financial Firms are in the process of developing a financial partnership plan with...

Adaptation to changes in NACHA rules

Lance Gravel

May 28, 2021

Electronic Transfer

NACHA has updated its rules for protecting sensitive customer data for payments. Here's how to stay on top of new regulations.When it comes to handling sensitive customer data, security is very important. ...

EDGE Media Network :: How to transfer money from one bank account to another: a guide

Lance Gravel

May 28, 2021

Electronic Transfer

Stock image (Source: Getty Images) Money transfer is one of many common banking operations. You can use a wire transfer to transfer money from chec...

Global Automated Clearing House Market COVID-19 Impact Analysis 2021 – PNC, TD Bank, US Bank, USAA, Chase, Capital One 360, Bank of America, Citi

Lance Gravel

May 28, 2021

Electronic Transfer

Global Automated Clearinghouse Market 2021 Market Analysis by Major Manufacturers, Technology Updates, CAGR Status, Growth Factors, 2027 Forecast The research study offers an in-depth assessment ...

SpotOn sponsors Guy Fieri Special and other Digital Transactions News Briefs of 05/27/21 – Digital Transactions

Lance Gravel

May 27, 2021

Electronic Transfer

Digital Transactions News team May 27, 2021 Acquisition, automated clearinghouse, competitive strategies, digital currency, issuance / creation, marketing, mobile wallets, per...

Blockchain, real-time payments are gaining B2B traction

Lance Gravel

May 27, 2021

Electronic Transfer

B2B transactions weren't the use case that immediately occurred to me with emerging payment rails like real-time payments or blockchain. But this week's roundup of payment rail innovation reveals that infrast...

USAA, Bank of America, Capital One 360, Charles Schwab, US Bank – The Manomet Current

Lance Gravel

May 27, 2021

Electronic Transfer

the Automated Clearing House Market The 2021-2025 report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, contributions from industry exp...

SVB Financial Group (NASDAQ: SIVB) Insider Sells $ 72,932.29 In Stock

Lance Gravel

May 26, 2021

Electronic Transfer

Christopher Edmonds-Waters, an insider at SVB Financial Group (NASDAQ: SIVB), sold 127 shares of the company in a trade that took place on Monday, May 24. The shares were sold for an average price of $ 57...

Definition of compensation

Lance Gravel

May 26, 2021

Electronic Transfer

What is compensation? Clearing is the procedure by which financial transactions are settled; that is, the correct and timely transfer of funds to the seller and securities to the buyer. Often wi...

How insurers turned out to be a fast growing market for digital payments – digital transactions

Lance Gravel

May 25, 2021

Electronic Transfer

The advent of real-time payments, account-to-account transfers and card disbursements makes it easier for consumers to receive claim funds much faster than waiting for a paper check. Stat...

NPCI and PayCore to Activate RuPay SoftPoS Technology Across India

Lance Gravel

May 25, 2021

Electronic Transfer

Technology will help merchants accept contactless payment through their smartphones The National Payments Corporation of India or NPCI, the umbrella organization for operating retail payme...

How remote working lends itself to the back office overhaul

Lance Gravel

May 24, 2021

Electronic Transfer

By Kim Lockett.The pandemic has been difficult for everyone in different ways, and while the end is in sight, we are not there yet. But, as we approach a year and a half of work from home, we can look back ...

NPCI Partners With Turkish Fintech To Generate Contactless Payments

Lance Gravel

May 24, 2021

Electronic Transfer

RuPay SoftPoS Aims To Digitally Enable Merchants To Easily Turn Their Smartphones Into A Point Of Sale MachineThe solution is considered "an inexpensive and easy to use acceptance infrastructure for merchant...

Pandemic trends are accelerating digital payment solutions for businesses

Lance Gravel

May 22, 2021

Electronic Transfer

WWhen the pandemic ended face-to-face operations in Fairfield and Westchester counties (and around the world), many entities, from franchises and municipalities to manufacturers and businesses, large and sm...

Square (SQ) Expands Restaurant Reach With Latest Move

Lance Gravel

May 21, 2021

Electronic Transfer

Square SQ has made its KDS kitchen display software available to all kinds of restaurants in the US, UK, Canada, Australia and Ireland.Notably, this decision helped the company expand its global presence.KDS...

How Square is recruiting Plaid to support its new gambit to recruit bigger sellers – Digital Transactions

Lance Gravel

May 21, 2021

Electronic Transfer

One payment trend that has gained momentum during the pandemic is open banking, the idea that funds can be validated and transferred from one account to another at another bank inexpensive...

Silvercorp Metals Reports 122% Earnings Growth in Fourth Quarter; Stocks drop 4%

Lance Gravel

May 21, 2021

Electronic Transfer

Silvercorp Metals Inc (SVM) reported higher profit...

Is there a surprise coming for the Bank of Montreal (BMO) this earnings season?

Lance Gravel

May 21, 2021

Electronic Transfer

Investors are always looking for stocks that are about to beat in earnings season and Bank ...

W&T Offshore (WTI) announces transactions with SPV and MRRF

Lance Gravel

May 21, 2021

Electronic Transfer

W&T Offshore, Inc. WTI has entered into a transaction with its wholly owned Special Pur...

Certegy launches white label BNPL option and other digital transactions News Briefs of 05/20/21 – Digital transactions

Lance Gravel

May 20, 2021

Electronic Transfer

Digital Transactions News team May 20, 2021 Acquisition, automated clearinghouse, competitive strategies, credit cards, debit cards, digital currency, e-commerce, fraud and se...

Indonesian watchdog probes Gojek-Tokopedia deal

Lance Gravel

May 20, 2021

Electronic Transfer

Share Tweet Share Share Share E-mail ...

Plaid, Square Partner for Easier ACH Payments

Lance Gravel

May 20, 2021

Electronic Transfer

Financial services firm Plaid announced Thursday, May 20, that it had formed a partnership with Square to help US merchants process automated clearing house - ACH - payments without having to maintain sensit...

Does a Teenager Need a Roth IRA?

Lance Gravel

May 20, 2021

Electronic Transfer

Dear Liz: Our 16 year old daughter has been frugal since she started to understand money around the age of 6. She works and earns a decent income for a high school student. His savings are now quite substa...

Morgan Stanley raises its redemption price target (NASDAQ: RPAY) to $ 27.00

Lance Gravel

May 14, 2021

Electronic Transfer

Refund (NASDAQ: RPAY) saw its price target raised by Morgan Stanley investment analysts from $ 26.00 to $ 27.00 in a report released Friday, Benzinga reports. The brokerage currently has an "equal weight"...

How Visa Direct is modernizing money

Lance Gravel

May 12, 2021

Electronic Transfer

The circulation of money is at the heart of modern life. Banks and payment companies play an extremely important role in everything from receiving a paycheck to shop...

ACH Transfers: How ACH Transactions Work

Lance Gravel

April 30, 2021

Electronic Transfer

What are ACH transfers? ACH transfers are electronic bank-to-bank transfers processed through the Automated Clearing House (ACH) network. According to Nacha, the association responsible for these...

Usio Reports First Quarter Electronic Payments Record

Lance Gravel

April 26, 2021

Electronic Transfer

Total dollars processed in the first quarter of 2021 of $ 1.86 billion, more than double the previous record SAN ANTONIO, April 26, 2021 (GLOBE NEWSWIRE) - Usio, Inc. (Nasdaq: USIO), an integrated provider ...

Usio Reports Record First Quarter Electronic Payment Processing and Transaction Volume

Lance Gravel

April 26, 2021

Electronic Transfer

Total dollars processed in the first quarter of 2021 of $ 1.86 billion, more than double the previous record SAN ANTONIO, April 26, 2021 (GLOBE NEWSWIRE) - Usio, Inc. (Nasdaq: USIO), an integrated provider of ...

How Wyoming Turned the Promised Land for Bitcoin Traders

Lance Gravel

April 24, 2021

Electronic Transfer

Wyoming's financial system is fueled by a number of the oldest industries in human historical past, together with mining, agriculture, and tourism. However in recent times, the state has develop into an unl...

Many consumers will buy insurance from banks

Lance Gravel

April 15, 2021

Electronic Transfer

Would you be surprised to learn that Gen Z consumers - the oldest of whom are turning 24 this year - are the most likely of all demographics to seek out information on life insurance? Coming out of the COVID-...

Usio expects over 100% year-over-year growth first

Lance Gravel

April 12, 2021

Electronic Transfer

Record the total expected volumes for dollars processed; exceed $ 1.8 billion, doubling the fourth quarter of 2020, previous record quarter of $ 920 million Strong sustained commercial momentum SAN ANT...

Virtually Fraud-Proof: Why Now’s the Time to Grow Your Virtual Card Program

Lance Gravel

April 6, 2021

Electronic Transfer

One of the business stories of the past year is the dramatic growth in electronic supplier payments. In the fourth quarter, Nacha, National Automated Clearinghouse, reported a 15% year-over-year increase in B...

Tesla allegedly twice billed some of its customers for their cars

Lance Gravel

March 30, 2021

Electronic Transfer

Keep an eye on your account balance if you've recently purchased a new Tesla. Some customers accuse the California-based company of billing them twice for a new car, and getting a refund isn't as easy ...

Bitcoin’s subsequent massive transfer – Moneyweb

Lance Gravel

March 22, 2021

Electronic Transfer

Governments are naturally cautious of bitcoin, which has been proven to be comparatively resistant to censorship and even outright ban. In accordance with a brand new report from US banking large Citibank, ...

SwyftOps and Vanco partnership: decrease prices for larger feasibility

Lance Gravel

March 18, 2021

Electronic Transfer

SwyftOps emblem WICHITA, KAN., UNITED STATES, March 18, 2021 /EINPresswire.com/ - SwyftOps, a number one house ca...

Robinhood’s liquidity freeze reveals want for funding cost innovation

Lance Gravel

March 11, 2021

Electronic Transfer

As I not too long ago watched pals, neighbors and colleagues emerge from the largest winter climate occasion of our lives as Texans, I spotted that deferred investments in fundamental infrastructure and upke...

Usio to Attend M Vest LLC and Maxim Group LLC Inaugural Digital Convention on Rising Development Nasdaq: USIO

Lance Gravel

March 8, 2021

Electronic Transfer

SAN ANTONIO, March 8, 2021 (GLOBE NEWSWIRE) - Usio, Inc. (NASDAQ: USIO), a supplier of built-in digital cost options, at the moment introduced that Louis Hoch, CEO, has been invited to current at Inaugural ...

Grow to be a critical digital cash addict

Lance Gravel

March 3, 2021

Electronic Transfer

By Anne Ewasko For the previous 20 years - sure, many years - I've been utilizing the normal strategies of checks and wire transfers to ship and obtain ...

Definition of the Digital Funds Switch Act (EFTA)

Lance Gravel

March 1, 2021

Electronic Transfer

What's the Digital Funds Switch Act (EFTA)? The Digital Funds Switch Act (EFTA) is a federal regulation that protects customers once they switch funds electronically, together with by means of u...

Definition of financial institution switch

Lance Gravel

February 28, 2021

Electronic Transfer

What's a financial institution switch? A wire switch is an digital switch of funds by means of a community administered by a whole bunch of banks and cash switch companies all over the world. T...

DoorDash Withdrawal Draw Ire of Queens Creperie

Lance Gravel

February 25, 2021

Electronic Transfer

As a result of a household emergency that introduced proprietor David Liu out of state, his tiny pancake stand in Flushing, Queens, known as A Crepe, will not reopen till early March. What would you wish ...

Highlight: the framework for funds in the US

Lance Gravel

February 25, 2021

Electronic Transfer

All of the questionsFundsi PreviewIn the US, the first types of cost are money, debit playing cards, bank cards, pay as you go playing cards, checks, and ACH transactions. The Federal Reserve estimates tha...

Uncommon outage takes Fed fee methods offline

Lance Gravel

February 25, 2021

Electronic Transfer

The Federal Reserve suffered a uncommon outage on Wednesday that shut down main fee providers utilized by banks, companies and authorities businesses for ...

Definition of digital funds community (EPN)

Lance Gravel

February 25, 2021

Electronic Transfer

What's the Digital Funds Community (EPN)? The time period digital funds community (EPN) refers to a monetary clearinghouse that manages a wide range of digital fund transfers for the personal se...

DoorDash withdrawals anger at Creperie Queens

Lance Gravel

February 25, 2021

Electronic Transfer

Due to a family emergency that took owner David Liu out of state, his tiny pancake stand in Flushing, Queens, named A Crepe, won't reopen until early March. What would you like to know The owner of A Crepe...

The Fed’s system of permitting banks to ship cash backwards and forwards broke for a number of hours

Lance Gravel

February 24, 2021

Electronic Transfer

The Federal Reserve's system of permitting monetary establishments to ship cash electronically was on maintain for a number of hours on Wednesday, however appeared to come back again on-line later within the...

Introduction to the clearing home interbank fee system (CHIPS)

Lance Gravel

February 24, 2021

Electronic Transfer

What's the Clearing Home Interbank Cost System (CHIPS)? The Clearinghouse Interbank Cost System (CHIPS) is the first clearinghouse in the US for giant financial institution transactions. In 201...

JOOR expands its cost capabilities with SEPA and ACH partnerships

Lance Gravel

February 22, 2021

Electronic Transfer

NEW YORK, February 22, 2021 (GLOBE NEWSWIRE) - Current JOOR, the worldwide wholesale administration platform for trend, magnificence and residential, introduced an enlargement of the corporate's cost platfo...

Joor will make payment features more user-friendly on its platform

Lance Gravel

February 22, 2021

Electronic Transfer

A digital wholesale platform, Joor announced user-friendly features that are more important in the current climate where busin...

REPAY Inks Deal for automation company AP B2B CPS

Lance Gravel

October 27, 2020

Electronic Transfer

Vertically integrated payment provider REFUND the holding company has signed a definitive agreement to buy CPS payment services for as much as $ 93 million, with a payment of $ 78 million at close, according t...

This is your TD Ameritrade routing number

Lance Gravel

July 1, 2020

Electronic Transfer

TD Ameritrade is a well-known broker who is considered by some to be the best in the business. One of his most recent accolades was named the # 1 Broker Overall by StockerBroker.com S...

“Value-added” fees, virtual credit cards can be rectified

Lance Gravel

May 27, 2020

Electronic Transfer

May 27, 2020 Editor's Note: This is the 32nd story in the Decoding Dental Benefits series, which provides answers and solutions for...

Clearinghouse Raises Real-Time Payment Threshold to Counter Competing Networks | Payments Source

Lance Gravel

January 23, 2020

Electronic Transfer

In order to increase the attractiveness of its real-time payment network (RTP), The Clearing House is increasing the transaction limit for one-time payments to $ 100,000 as of February 1.Changing the maximum a...

How gas stations and Facebook’s Libra pushed the Fed to create a new payments system

Lance Gravel

August 12, 2019

Electronic Transfer

If you're an employee looking for a paycheck to touch your checking account or a vendor awaiting payment for the last delivery of merchandise to a grocery store, you probably know the three to five day wait fo...

How the Federal Reserve’s automated clearinghouse notifies the Fed’s proposed real-time payment entry

Lance Gravel

July 11, 2019

Electronic Transfer

Summary Since the 1970s, the Federal Reserve has acted as both a regulator and a market participant in the provision of automated clearinghouse services. Twenty years of falling prices that don't match any id...

Fraudsters target ACH – CFO transactions

Lance Gravel

April 9, 2019

Electronic Transfer

Automated Clearing House (ACH) transactions are often considered safer and harder to compromise than paper checks and wire transfers, but that reputation might not last. In 2018, 33% of organizations were vict...

Tokenization is needed to protect faster payments | Payments Source

Lance Gravel

July 19, 2018

Electronic Transfer

For banks, direct debit (ACH) fraud represents a greater financial risk than card fraud. In particular, the growing dynamics of real-time payment systems across the world create huge opportunities for fraudst...

Rambus makes real-time payments more secure with payment account tokenization

Lance Gravel

May 9, 2018

Electronic Transfer

SUNNYVALE, Calif .-- (COMMERCIAL THREAD) - Rambus Inc. (NASDAQ: RMBS) today announced the launch of its payment account tokenization solution to secure account-based transactions, such as Automated Cl...

What is Automated Clearing House Fraud (ACH Fraud)?

Lance Gravel

April 3, 2018

Electronic Transfer

Through ACH fraud is the theft of funds through the automated clearinghouse's financial transaction network. The ACH network acts as the central clearing facility for ...

Definition of Accounts Receivable Conversion (ARC)

Lance Gravel

March 26, 2017

Electronic Transfer

What is Accounts Receivable Conversion (ARC)? Accounts Receivable Conversion (ARC) is a process that electronically digitizes paper checks and converts them into an electronic payment through the A...

Zelis ™ Payments becomes the first electronic reimbursement solution to participate in EnrollHub®

Lance Gravel

October 4, 2016

Electronic Transfer

CLEARWATER, Fla .-- (COMMERCIAL THREAD) - Zelis â„¢ Payments, a division of Zelis â„¢ Healthcare, today announced that it is the first electronic reimbursement provider...

WEDI publishes electronic payment principles to facilitate EFT transactions, process “virtual” credit cards

Lance Gravel

September 8, 2016

Electronic Transfer

WEDI has published a set of industry best practices for electronic payments, offering guidelines for the use of "virtual" credit cards by payers and indicating the fees that providers must pay for electronic f...

GC Express Banking on mobile payment

Lance Gravel

July 20, 2016

Electronic Transfer

CARO, Michigan - GC Express, a gas station northeast of Flint, Michigan, now offers a free coffee or fountain drink as a way to entice customers to pay with their cellphones - a payment program linked to a cre...

Aperta offers check truncation and electronic funds transfer (EFT) in Bangladesh

Lance Gravel

March 10, 2011

Electronic Transfer

ST. LOUIS - (COMMERCIAL THREAD) - Once again, Aperta Automated Clearinghouse (ACH) solutions have enabled a country to move from the technology of manual check clearing and settlement to the 21stst C...