Fiserv Inc.’s Accel/Exchange debit network and a payment vendor are teaming up to give PIN debit — often deemed too risky for use in cyberspace — another shot on the Internet. This month J. Paul Co., ...

ABTA will launch a replacement version of its Single Payment System to members later this year. The technology has been developed by Travel Ledger. The direct debit system allows fast online payments ...

DUBAI, 1st October, 2013 (WAM) -- Further to an earlier communication in April this year, the Central Bank of the UAE has announced that registration of banks and finance companies into the direct ...

01 October 2013 All banks and finance companies are now ready to embark on to the first phase of the UAE direct debit system starting October 5.In April, the Central Bank of the UAE announced that the ...

The world of consumer banking received an innovation boost when the EU regulation PSD2 enforced the rails for Open Banking. This disruptive force offers new ways to streamline payments and is ...

The House of Representatives has resolved to initiate a workable strategic plan to enhance the efficient payment of monthly utility bills of all Ministries, Departments and Agencies by establishing a ...

DUBAI, April 9 (Reuters) - The United Arab Emirates central bank said on Tuesday it was introducing a direct debit system for commercial banks, a step which could ease a major problem for foreign ...

In a move sure to cause a disagreement with the European Central Bank and the European Commission, French banks have decided to delay implementing the SEPA direct-debit system by a year, to November ...

The new initiative will root-out inefficiency in the payment system, where back office staff do the posting of cheques manually. In the second phase to be started very soon, the DDP would be expanded ...