The demise of the bold plan by the big players in electronic check conversion and truncation to combine image capture of all checks at inception with ACH distribution to all financial-institution ...

Fifth Third implements CheckFree's PEP+ for ACH processing US bank Fifth Third is implementing technology from CheckFree to provide its corporate customers with an online, real-time processing system ...

ATLANTA--(BUSINESS WIRE)--April 11, 2006--Global Payments Inc. (NYSE:GPN), a leader in payment processing services, announced today an agreement with ACH Direct, Inc. to provide front-end credit card ...

Together, the savings from converting checks to ACH for the retailer would be 59.9% of total check-processing costs, or $4.4 million across its stores. By comparison, the savings from back-office ...

The automated clearing house network is maturing, bringing slower growth rates and probably slowing fee revenue. Payments executives say businesses are trying to reduce their costs by shifting more ...

CLEARWATER, Fla.--(BUSINESS WIRE)--Certegy, a leading ACH payments and risk management company, today announced the launch of its new Virtual Terminal platform, allowing both in-store and mobile ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Financial institutions will now have a single vendor solution to process ...

1.Cost Efficiency: The adoption of eCheck payments translates to lower transaction fees, resulting in substantial and sustainable cost savings for businesses of all sizes. 2.Enhanced Security: A ...

DALLAS--(BUSINESS WIRE)--Sept. 15, 2006--eGistics, Inc., a pioneer in hosted image and data archival, management and delivery for the financial services market, has been named a committee member of ...

NEW YORK, June 15, 2017 /PRNewswire/ -- It's no secret that in the last 20 years the popularity of paper checks has diminished almost as fast as our collective love affair for fad sensations like Auto ...