Automated clearing house (ACH) payments totaled more that 6.2 billion in 1999, a 16.9 percent increase over 1998, according to statistics released by NACHA – The Electronic Payments Association. The dollar amount of the transactions grew from $18.1 trillion in 1998 to $19.4 trillion in 1999, a 7.4 percent increase. ACH payments include business-to-business payments, Direct Deposit of payroll, Social Security benefits and tax refunds, Direct Payments of mortgages, car loans, insurance, utility and other bills, and federal tax payments.
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.