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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
The post China and Russia to launch new payments system to avoid the US dollar appeared first on Payments Cards & Mobile.
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
The post The cashless society – Maintaining trust in the payment system appeared first on Payments Cards & Mobile.
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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