Software company R3 has partnered with 22 of its member banks to create an international payment system based on distributed ledger technology (DLT), the firm announced in a press release Tuesday
Fiserv will acquire First Data Corp. for $22 billion in a payments processing deal that marks one of the biggest financial mergers in a decade and a win for private-equity giant KKR & Co
" On any given day, Google's Threat Analysis Group (TAG) is tracking more than 270 targeted or government-backed attacker groups from more than 50 countries
Since the article indicates a July start and now an October pilot, we assume some sort of scrum effort between the teams, with a ‘to be available soon’ tag for Visa Direct as a payment option for Oracle clients using one of the company’s ERP systems, which typically will provide either some direct payables functionality or integrate with 3 rd party payables automation software: ‘Fueled with snacks, drinks, and cloud computing, the developers dug in, building a payment prototype that helps businesses better manage their cash flow and pay their suppliers and contractors quickly
Guardian Analytics, the security company fighting banking fraud, announced on Monday (Aug. 22) it is launching a real-time ACH service that protects against fraud risk created by Same Day ACH
The banking firm has been talking with London regulators about the idea, according to The Financial Times on Saturday (Feb. 22)."
BOSTON, Aug. 22, 2018 /PRNewswire-PRWeb/ -- The financial services industry is aligning resources behind the development of faster payment services and beginning to launch products that have a faster payments component
Well, “enemy” might be too strong a term — business is not war — but Square this week found itself a target of First Data and Fiserv, two big payments players merging in a $22 billion deal that will result in a consolidated organization called Fiserv
The survey was conducted in November and December of 2017 and included 22 financial institutions (FIs) that represent 78 percent of the ACH Network origination volume
In terms of mergers and acquisitions, the year got off to a hot start in January, when Fiserv announced a $22 billion deal to acquire First Data
Legal Disclaimer: The opinions and/or views expressed on Members Corner represent the thoughts of individuals, and not necessarily those of NEACH or their employer. While we make reasonable efforts to monitor the content posted, NEACH makes no claims, promises, or guarantees about the accuracy, completeness, or adequacy of the contents of this site. NEACH expressly disclaims liability for errors and omissions in the contents of this site and no warranty of any kind is given with respect to the contents. Refer to the Code of Conduct for further details.