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Citigroup recently announced that it is developing a consumer-payments platform (B2C payments), in a move to enter the rapidly growing digital payments industry. Citi’s new service will offer merchants a... more
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According to a new survey conducted by Credit Research Foundation (CRF) in partnership with NACHA, credit and account receivables professionals anticipate that ACH transactions will surpass checks as the leading form of payment received from business customers by 2020. Currently, checks account for almost 50 percent of payments (down from 63% in 2014); ACH 32% [...]
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