|
|
|
|
|
|
 Fiserv has struck a deal to purchase person-to-person payments provider CashEdge for $465 million.
Previously the two companies have been competing in the P2P payments market and have signed multiple financial institutions for their payment products: Fiserv's ZashPay and CashEdge's Popmoney.
Fiserv says the acquisition of CashEdge - which employs around 300 people in New York, Silicon Valley, Chennai and Mumbai - should help it provide new capabilities such as P2P money request, and small business electronic invoicing and remittance to its customers.
The transaction will close by ... more →
|
|
|
|
|
|
 The three largest US banks Bank of America, JPMorgan Chase and Wells Fargo have unveiled their new P2P payments joint venture.
The banks say that their customers will be able to transfer and move funds directly from their existing checking accounts using an e-mail address or mobile number – instead of providing checking account and routing numbers.
The new platform known as clearXchange will be rolled out nationally and it is expected that eventually the service will be expanded to include other financial institutions and endpoints to create a money movement capability across the ... more →
|
|
|
|
|
|
|
|
|
|
© Copyright 2008 - 2013 Forex.fo
Forex.fo is not responsible for any link published on its website or the content of any website these links may point to.
|
|
|
|
|
