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ECS Fin-Transaction Processing & Automation

Finantix: Partnership with Capita Consulting

Finantix: Partnership with Capita Consulting Capita consulting, digital services and software business, delivering innovative solutions and simplifying the connections between businesses Finantix the leading global...

Latest Posts

Westpac: Helps businesses save on “tap and go” contactless merchant transactions

Westpac Group has announced it will proactively contact merchant customers to activate Merchant Choice Routing (MCR) also called least cost routing Westpac’s decision...

Clean.io: Raises $5M to continue its battle against malicious adtech

Clean.io, a startup that helps digital publishers protect themselves from malicious ads, recently announced that it has raised $5M in Series A funding ...

PPRO: Announces 85% volume growth despite pandemic

PPRO, the world’s leading local payments platform-as-a-service, reports today an 85% increase in transaction volume from last year Due in part to a...

PostePay: Partners with Volante Technologies

Announced a partnership with Volante Technologies a leading global provider of payments and financial messaging solutions in the cloud Partnership follows investment by Italian...

FIS gave out Certegy cheque business

FIS has checked out of its Certegy Check Services business unit by selling all the assets to US-based investment management firm Variant Equity Advisors.

  • By end of August, the Certegy business became an independent operated company with closing. However, FIS will continue with its cheque processing service.
  • According to the Fed, restated estimates show that total commercial cheque paid decreased 3% a year, by number in 2012-2015, which is low and increased 2.2% a year by value, a reversal of the previously reported decline.
  • In 2015-2016, show declines of 3.6% by number and 3.7% by value in commercial cheques paid by a group of the largest depository institutions.
  • In that year, the total number of cheque payments was 17.9 billion. While the total value came to $28.97 trillion.

Latest Posts

Westpac: Helps businesses save on “tap and go” contactless merchant transactions

Westpac Group has announced it will proactively contact merchant customers to activate Merchant Choice Routing (MCR) also called least cost routing Westpac’s decision...

Clean.io: Raises $5M to continue its battle against malicious adtech

Clean.io, a startup that helps digital publishers protect themselves from malicious ads, recently announced that it has raised $5M in Series A funding ...

PPRO: Announces 85% volume growth despite pandemic

PPRO, the world’s leading local payments platform-as-a-service, reports today an 85% increase in transaction volume from last year Due in part to a...

PostePay: Partners with Volante Technologies

Announced a partnership with Volante Technologies a leading global provider of payments and financial messaging solutions in the cloud Partnership follows investment by Italian...

Trending Stories

Westpac: Helps businesses save on “tap and go” contactless merchant transactions

Westpac Group has announced it will proactively contact merchant customers to activate Merchant Choice Routing (MCR) also called least cost routing Westpac’s decision...

Clean.io: Raises $5M to continue its battle against malicious adtech

Clean.io, a startup that helps digital publishers protect themselves from malicious ads, recently announced that it has raised $5M in Series A funding ...

PPRO: Announces 85% volume growth despite pandemic

PPRO, the world’s leading local payments platform-as-a-service, reports today an 85% increase in transaction volume from last year Due in part to a...

PostePay: Partners with Volante Technologies

Announced a partnership with Volante Technologies a leading global provider of payments and financial messaging solutions in the cloud Partnership follows investment by Italian...

IowaRocks: Adds ICE Data Services to marketplace

IOWArocks is the global data marketplace providing a unique ‘connect once, use anywhere’ venue for market, reference, and alternative data It enables a growing...

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