Chaps Joining Forces with Five More International Banks

Originally called Clearing House Automated Payment System, CHAPS today is referred to only by its acronym. The system is an automated payment system that fulfils the payment on the same day within the UK and other parts of the world. Primarily, CHAPS is used for payments of very high value. Corporations making a large number […]

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Nearly 30% of Companies Impacted by SEPA Not Yet Ready

With less than three months left before the Single Euro Payments Area (SEPA) deadline, the Central Bank of Europe says nearly 30% of the businesses that will be impacted from the changes to direct debit payments and electronic credit transfers have not completed preparations. The SEPA payment is an initiative by the European Union that […]

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2013 M&A Activity

Dealmakers on Wall Street have been busy in 2013 with some of the most recognizable names across corporate America becoming involved with mergers and acquisitions in the billions of dollars. Early in the year American Airlines announced it would merge with US Airways in a deal worth $11 billion, that we now know is on […]

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Special Features of Internet Banking

When looking at internet banking, it is exciting to see just how far this technology and service has come.  Today, the features associated with online banking are diverse, some basic and some more robust.  It is important to understand that while online banks offer much the same types of features, there are variances.  In this […]

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