Community banks embrace new payment technologies such as Zelle, and instant payment technology, as old-fashioned check ...
NETWORK for Electronic Transfers (Nets) has appointed Lawrence Goh, UOB’s head of group technology and operations (GTO), to ...
City officials were tricked in a sophisticated cyber attack into making what was believed to be payment to Pepper Construction for a fire station project ...
CrowdStrike, Change Healthcare, rising ransomware threats and cyber regulations — here’s what dominated the headlines this ...
That stems in some respects from the ASX relying on the 30-year-old Clearing House Electronic Sub-register System (CHESS ...
By referring consumers to an Indiana-led multistate settlement, federal officials this month tacitly recognized the ...
On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued a final rule that treats covered overdraft services offered by banks ...
Through the CHI the paying bank receives the data from the Clearing House to initiate the processing of the payment. The paying bank's CHI also generates the return file for unpaid instruments. ECS ...
Representatives from all banks gathered at the CBO clearinghouse to exchange cheques ... and the banking landscape has transformed dramatically. The introduction of Electronic Clearing Cheques (ECC) ...