The NAFTA (North American Free Trade Agreement) area, is made up of - USA, Canada and Mexico, is the world's biggest trading blockt. Also NAFTA is the world's largest free trade area in terms…
Read moreby Kylene Casanova
SunGard has added centralized custody and settlement services access through J.P. Morgan Clearing Corp. to their Short-Term Cash Management multi-fund cash investment solution.
by Kylene Casanova
The Canadian Mint has now ceased distributing pennies to financial institutions and the circulation of the currency will begin to decline. The transition data was announced in July 2012 after consultations with smal
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
On 10 December, the Office of the Superintendent of Financial Institutions (OSFI) issued the final regulatory requirements for Canadian banks under Basel III, effective first quarter 2013. The announcement comes jus
by Kylene Casanova
This hard hitting article by Mayra Rodriguez Valladares in the American Banker starts with a question: "How do you get 27 countries with different cultures and political systems, often at different points of the cre
by Kylene Casanova
Volatile markets and shifting regulations require a dynamic approach to managing the treasury project queue. Treasury Alliance have put together a list of ten projects that may have slipped your list including SEPA
by Kylene Casanova
ICD has responded to industry-wide investor concerns about safe haven replacements for cash as the Dodd-Frank Act provision extending unlimited FDIC insurance for bank deposits expires on December 31, 2012 with the
by Kylene Casanova
Mobilising Global Cash is the latest AFP Global Liquidity Guide. It provides key insights into common treasury objectives on mobilising global cash and the factors that are leading so many organisations to examine h
by Kylene Casanova
In the USA cheques are on the decline, but they are not going to disappear any time soon. USPS's rationalisation of their network as mail volume and revenues continue to decline will accentuate the difference betwee
by Kylene Casanova
We all know that banks desire long term 'sticky' relationships with their corporate clients, where they become partners in developing their business. The problem is that this can be expensive and not pay off in the
by Kylene Casanova
Michael Berkowitz, Head - Liquidity, Investments and Channel Services, North America explained how in an economic environment dominated by deleveraging, slowing global economic growth, and recession in Europe, finan
by Kylene Casanova
In his fascinating talk with BNY Merllon’s Michelle Palombo the AFP Annual conference, Jeff Paradis described why they decided to accept insurance premium payments by mobile. It fitted with their payment strategy: 1
by Kylene Casanova
Bloomberg provides access to its U.S. equity pool as part of a new service called Bloomberg Pool, or BPool. Developed in conjunction with BIDS Trading, BPool enables traders to interact with liquidity present on Blo
by Kylene Casanova
Square commenced their merchant services in the USA with a flat 2.75% fee per swipe for mobile payments enabling anyone to accept credit and debit cards.
by Kylene Casanova
Guardian Analytics, a US behavioural analytics fraud prevention software developer, have added a new ACH module to FraudMAP.
by Kylene Casanova
Dennis Sweeney has been named managing director and a Treasury Solutions Executive at the Global Transaction Services business of BofA Merrill. He will join in September and be based in New York.
by Kylene Casanova
Visa Inc, MasterCard Inc and banks that issue their credit cards have agreed to a $7.25 billion settlement with U.S. retailers in a lawsuit over the fixing of credit and debit card fees in what could be the largest
by Kylene Casanova
Most of the world has fully migrated, or is in the process of migrating to EMV Chip and PIN technology for debit and credit payments, according to EMVCo. At 4Q 2011 45% of cards were EMV compliant and 76% of termina
by Kylene Casanova
Bank of America Merrill Lynch today announced a proprietary lockbox service in Canada. Companies receiving payments in Canada can now utilize lockbox processing that is consistent with the same service BofA Merrill
by Kylene Casanova
Wells Fargo Company announced today that it had become the first major financial services company to natively support Macs for remote deposit capture.
by Kylene Casanova
The numbers for North America from the J&W Associates 2012 International Cash Management survey are given below.
by Kylene Casanova
U.S. Bank launched an enhanced national wholesale lockbox technology platform, in May 2011, that will be rolled out at multiple sites within the bank's footprint this year.
