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China To Begin Money Transfer Service
Electronic money transfers into and out of China will soon be possible thanks to a new service from China Post, the government-owned postal service.
BBVA Bancomer Debuts Chip Cards in Mexico
BBVA Bancomer will be the first bank in Mexico to issue smart cards in an attempt to reduce fraud and eliminate card skimming.
Metavante Acquires Spectrum and Paytrust
Establishing itself as a marquee player in EBPP, Metavante has acquired Spectrum, a bill presentment switch, and Paytrust, a scan-and-pay consumer service provider (CSP).
Canada's Leading Item Processor Anticipates U.S. Check Processing Consolidation
Check processing centers in the United States are ripe for consolidation, according to Paul Currie, CEO of Symcor Services, which currently processes about two-thirds of checks in the Canadian marketplace.
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