by Kylene Casanova
Retailers in 40 US states can now charge up to four percent extra when consumers pay for goods and services with a credit card. The new service fees would potentially cover the merchant's cost of processing the cred
by Kylene Casanova
The City UK's latest estimates show that the UK accounted for 37% of global foreign exchange trading in October 2012. These estimates are based on individual surveys of foreign exchange activity also released today
by Kylene Casanova
The article by Gavin Hinks, in The Treasurer in September 2012, gives several important tips about how to free your cash:
by Kylene Casanova
The Depository Trust Clearing Corporation (DTCC) and SWIFT announced today that their global legal entity identifier (LEI) solution had progressed at a robust pace since its August, 2012 launch with more than 47,000
by Kylene Casanova
A recent report by Fitch says that over half of Institutional Money-Market Funds Association (IMMFA) euro MMFs by assets have adopted or publicly announced they are in the process of adopting
by Kylene Casanova
The astonishing growth in Faster Payments (the online payment service for phone, the Internet and other payments) usage in 2012 - 54% by volume and 163 % by value - shows consumers and businesses just love the servi
by Kylene Casanova
US electronic payments association NACHA's Council for Electronic Billing and Payment (CEBP) has issued final guidelines for the use of Quick Response (QR) - see below - codes in consumer bill payment.
by Kylene Casanova
The UK Payments Council's clearing statistics for 2012 show that a revolution is happening in the UK payments landscape:
by Kylene Casanova
Events like superstorm Sandy are natural triggers for companies' reexamination of their risk preparedness and business resilience planning, but they should also start an internal dialogue about risk culture.
by Kylene Casanova
Citibank India has teamed up with a local tech firm Ezetap on a Square-like App and reader-based system for turning mobile phones into card payment acceptance devices which will make it much easier for merchants to
by Kylene Casanova
Citibank (China) Co., Ltd. ("Citi China") today announced the completion of the first cross-border lending transaction in Renminbi (RMB) by a foreign bank in China.
by Kylene Casanova
The fifth annual Billing Household Survey, which was carried out by US financial services technology company Fiserv, indicates that:
by Kylene Casanova
AFEX, one of the world's largest non-bank providers of foreign payment solutions, with international payment expertise around the globe, today announced the launch of an enhanced version of AFEXDirect™.
by Kylene Casanova
The formation of the world's largest e-invoicing network by Tradeshift and Intuit will give another boost to the adoption of e-invoicing world-wide. This combined with the emerging new standards could see 2013 as th
by Kylene Casanova
FENICS® Software Ltd, a GFI Group Inc. company, announced today that it has signed an agreement with 360 Treasury Systems AG "360T" to embed the FENICS FX Options Pricing engine (FENICS ePricer) into 360T's TEX mult
by Kylene Casanova
ION Group has acquired Financial Software Systems, a US provider of treasury management, capital market and wealth management technology. Financial terms of the deal were not disclosed.
by Kylene Casanova
HSBC China is the first foreign bank to obtain approval from the State Administration of Foreign Exchange (SAFE) to implement a foreign currency netting solution for the trade of goods in China; this has been obtain
by Kylene Casanova
Section 1073 requires transparency on all potential fees and taxes, foreign exchange (FX) rates, fund delivery times before payments are initiated, and shifts error liability from the consumer to the institution.
by Kylene Casanova
There also a very clever 6th option, if you've got the companies to do it.
by Kylene Casanova
The recent World Economic Forum Global Risks 2013 report, which is developed from an annual survey of more than 1,000 experts from industry, government, academia and civil society that were
by Kylene Casanova
It is really geeky, nevertheless, it is important. SAP have developed a HANA a new unique database platform that can perform both business analysis and transactions at the same time, something its rivals are able to
by Kylene Casanova
Due to the dogged determination of FMS's MD, Gianfranco Tabasso*, in many SEPA committees and steering committees over the last 3-4 years, there is a 140 characters data field in both the SCT and the SDD formats.
by Kylene Casanova
Standard Chartered Bank (China) Limited and Shell (China) Co. Ltd. today announced that they have been granted approval to set up a Foreign Currency Cross-border Sweeping structure. The structure, approved by the Ch
by Kylene Casanova
Paying a friend or business on your mobile as easily as sending a text is set to become a mainstream option in spring 2014, when the UK's Payments Council's new mobile payments service launches in the Spring.
