Global financial-messaging network SWIFT has extended its Sanctions Screening service to support all messages used in financial transactions, regardless of format or financial network, according to Cash & Treasury Management File. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Over the past 40 years, innovators of all shapes and sizes have used ACH to enable an array of payments opportunities. According to Jan Estep, President and CEO of NACHA, the ACH network has been in a state of continuous change to meet the needs...
Uber is hoping to smooth over some of its problems with city taxi regulators by offering them trip data for its customers, The Washington Post reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Alibaba has agreed to block the sale of as many as 15 illegal or dangerous toys in the U.S., the federal Consumer Product Safety Commission said on Tuesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Internal Revenue Service has launched a data exchange service so foreign banks and countries can more easily comply with a U.S. tax law — and to send other governments information too, the Wall Street Journal reported. Get the Full Story Complete the form to...
China continues to send mixed signals to foreign-owned companies who want to do business in the world’s largest consumer market. On Tuesday (Jan. 13) China’s Ministry of Industry and Information Technology announced that it will now allow wholly-foreign-owned companies to operate in the Shanghai Free Trade...
Most prospective mortgage borrowers start the process on the Internet, but then transition offline to either a loan officer or a call center. But online mortgage lender Lenda wants to keep the process online while wringing out origination costs, according to American Banker. Get the...
The Supreme Court is likely to make a decision today on whether to hear the retailers’ case against the Federal Reserve Board, says a knowledgeable source. According to the National Association of Convenience Stores, which is the leading the case, the Fed made the debit...
If asked to name America’s greatest “outlaw” brand, it’s easy to imagine some familiar (and oddly similarly structured) there are probably lots of names that might slug it out for that title. Get the Full Story Complete the form to unlock this article and enjoy...
