Square introduces monthly pricing
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.
Cash & Liquidity Mngm in North America
Background
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 moreGuardian Analytics launches behaviour-based fraud prevention service for ACH transactions
by Kylene Casanova
Guardian Analytics, a US behavioural analytics fraud prevention software developer, have added a new ACH module to FraudMAP.
Dennis Sweeney to join BofA Merrill Global Transaction Services Business team
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.
Visa, MasterCard, banks in USA in $7.25 billion retail settlement over fixing credit and debit card
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
EMV Chip and PIN is finally coming to the USA and the consequences are…
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
Bank of America Merrill Lynch launch proprietary Canadian Lockbox service and now delivers comprehen
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
Business users of Apple MACs in the USA can now make remote deposit
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.
2012 ICM Survey Results: North America
by Kylene Casanova
The numbers for North America from the J&W Associates 2012 International Cash Management survey are given below.
U.S. Bank invests in new national wholesale lockbox system
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.