NACHA: Faster ACH Processing
NACHA, a non-profit industry group charged with managing the Automated Clearing House (ACH) system has also made moves to ensure faster payment solutions, working to speed up ACH payments. In many w
WEED: Enormous Banking Opportunity
Weed Banking Opportunities vs Federal Prohibition
Since medical marijuana was legalized in California more than two decades ago, the cannabis industry has experienced tremendous growth.
Getting A New Merchant Account
How To Get A New Merchant Account Approved
If you are looking to open a merchant account or trying to choose a merchant processor with good rates and fair terms, you are not alone. To e
Action Plan: Credit Card Data Breach
What is a Data Breach
A data breach is a security incident which involves the unauthorized access, disclosure or retrieval of valuable sensitive data by an entity. Data brea
What Is A High Risk Merchant Account
What is a High Risk Merchant Account?
A high risk merchant account is an important account-type for a wide range of enterprises today as it allows businesses to receive payments
Blockchain Patent Filed By AMEX
American Express Dives Deeper Into Blockchain
Multi-National financial giant American Express (Amex) has expressed increasing interest in blockchain-based technology. To that end, Ame
Visa Mastercard Near Settlement
A 2005 Class-Action lawsuit may be nearing a settlement according to The Wall Street Journal moments ago. The journal reports there may be a 6.5 Billion Dollar Merchant Settlement coming
Gun Sales Merchant Account Controversy
Seems there is a controversy brewing over a New York Post Story yesterday claiming Intuit Merchant Services had pulled the plug on credit card processing for gun dealers. The story states, “Seve
Sports Bets: Credit Card Processing
Future of Credit Card Processing & Sports Betting
Sports betting in the United States could be on the road to changing the credit card industry in very big ways. A landmark decision was made by
What Is Visa Claims Resolution
New Chargeback Resolution Policy By Visa
Visa Claims Resolution (VCR) – In a bid to expedite resolution of chargeback disputes, a new process by Visa to significantly the