News

Learn what ACH payment processing is, how it works, key benefits for businesses, and how to get started with secure, ...
As of March 31, 2025, Chime said it had 8.6 million active members, with an average revenue per active member of $251. Its unit margin for transaction processing was 67% in Q1 2025.
The CBN gave this directive in a review of documentation requirements for transactions conducted through the Pan-African Payment & Settlement System (PAPSS) in Nigeria, its spokesperson, Sidi ...
The Central Bank of Nigeria (CBN) has directed all banks operating in the country to adopt the Pan-African Payment and Settlement System (PAPSS) and commence originating transactions under the new ...
Big Blue is also readying z/OS 3.2, the next release of its chief operating system for IBM Z systems, which is planned for the third quarter of this year. This brings support for hardware-accelerated ...
Mumbai: The Unified Payments Interface (UPI) broke records in FY25, processing an unprecedented 186 billion transactions worth ₹261 trillion. Monthly transactions touched a high of 18 billion in ...
It is designed to handle time sharing, and batch and transaction processing, which makes it an ideal operating system for businesses such as Amazon. Because this OS can be distributed over several ...
The Automated Clearing House traces its roots back to the late 1960s but was officially established in the mid-1970s. The payment system provides many types of ACH transactions, such as payroll ...
These transactions will be unavailable as the Clerk and Treasurer’s Office and the Montana Motor Vehicle Division (MVD) work to roll out the new system on Monday, March 17.