Internet Payment Exchange (IPAYX) announced at TAWPI’s 29th Annual Forum & Exposition that the company is completing the design of its electronic lockbox called the IPAYX Consolidator Server (eLockbox). The eLockbox is a component of the IPAYX Virtual Clearinghouse, which is designed to efficiently transfer payment and remittance advice information to consumer and business customers through the Internet. The eLockbox will enable lockbox operators or billers to receive electronic remittance information from both the company’s Virtual Clearinghouse as well as traditional paper-based clearinghouses. IPAYX anticipates its first eLockbox to be in operation during the fourth quarter of 1999.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.