In 2013, ACH volume grew to almost 22 billion electronic payments, an increase of 4% over 2012 volume. A total of $38.7 trillion supporting consumer, business and government payments was transferred over the ACH Network in 2013, almost a 5% increase since 2012. Get the...
The Public Record Source, LLC, a twenty year veteran of the public record research experience, launched a cloud based screening platform, AccuRental. The platform was created to include a tenant screening web application that would change the rental property industry with new cloud-technologies. Get the...
A U.S. District Court judge on April 10 dismissed litigation accusing three leading card issuers of colluding to require cardholders to enter into arbitration to settle disputes instead of class-action litigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Chinas UnionPay now has the world’s top-used debit card, having taken the honor last year away from long-time leader Visa, according to the Nilson Report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
While B2C e-commerce has been growing at a steady pace the past 15 years, B2B e-commerce in the recent years is now experiencing big growth. At over $500 billion in estimated total sales, the market is an increasing target for innovators, developers and retailers. Get...
In the UK The supply chain payment charter, agreed by the joint industry and government Construction Leadership Council (CLC) will encourage clients and contractors to sign up to 11 fair payment commitments, including standard 30-day payment terms from January 2018. Firms that fail to sign...
To cover Voyager members wherever the road may take them, U.S. Bank announced their pilot program, U.S. Bank Fleet Virtual Pay, on April 9th. This program will enable cardless purchases wherever MasterCard is accepted, expanding payment options that are available for drivers while eliminating the...
It had been known since the summer of 2013 that The European Parliament’s Economic and Monetary Affairs (ECON) Committee would vote to introduce a cap on multilateral interchange fees (MIFs) for credit and debit card payments. In a controversial move, the ECON Committee decided to...
According to a study released by ecommerce software company Hybris, in conjunction with Econsultancy, it was determined that B2B ecommerce in Australian and New Zealand is lagging behind B2C and the rest of the world. The research report, the ‘State of Ecommerce in Australia and...
