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.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more