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Feature: Is it all change for interchange?
In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... more
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China and Russia to launch new payments system to avoid the US dollar
China and Russia are reported to have agreed on a new bi-lateral payment system to boost the use of their national currencies in bilateral and international trade, underscoring their intent... more
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The cashless society – Maintaining trust in the payment system
There is no doubt that lack of trust in the payment system remains a fundamental obstacle to a cashless society. Research shows that consumers are now more concerned than ever... more
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US national real-time payment system
The Clearing House (TCH) has entered into a letter of intent with VocaLink, the UK-based international payment systems provider, to help build and deliver core elements of TCH’s new real-time payment system for the US. “Building a real-time payment system is centered around meeting customer needs,” said Jim Aramanda, CEO of The Clearing House. “I [...]
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