Although the fines and negative publicity of non-compliance for payments companies is well known, a new report from Thomas Reuters finds a laundry list of related—and far larger costs. Companies seeking to avoid additional government interference are finding non-compliance all but guarantees much more strict...
Mobile remote deposit capture (mRDC) is gaining traction with consumers, banks and prepaid card issuers, but a report issued earlier this month The Pew Charitable Trusts asserts that more transparency is needed to give consumers more confidence that the service is worth using. Get the...
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Let’s be candid. Payroll processing is generally not something a lot of people get excited about, unless it’s payday and the direct deposit hasn’t happened. And that might just be the point. Payroll, with all of its tax and legal complexities, is not something companies...
In a clever twist on an age-old corporate purchasing dilemma, a merged channel company has worked with Chase Paymentech to allow employees who need to make last-minute supply purchases to do so using a corporate code. Get the Full Story Complete the form to unlock...
Managing the “dozens of ACH islands” that exist around the worldwide in order to pay hundreds or even thousands of payments to suppliers is typically time consuming and expensive. But that’s exactly the problem that Chen Amit, set out to solve four years ago when...
PYMNTS.com Bitcoin Price and Volatility index. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
PYMNTS.com Bitcoin Price and Volatility index. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
USA Today has weighed in on the Apple Pay MCX CurrentC issue and is not pulling any punches. MCX seems to be what would have happened had “the Three Stooges had been given the assignment of introducing a new and safer way for consumers to...