article thumbnail

CoCoNet Partners With Raifeissen On B2B Payment, Cash Management

PYMNTS

With our products and services we want to continuously improve the cooperation between banks and their corporate customers. One of those is real-time settlements, which have done away with the need for batch settlements of the past, PYMNTS reports. We focus on digitized processes and good usability.”.

article thumbnail

Stay Aware and Protect Against Hidden Charges

Segpay

Costs for authorizations, captures, batch settlement entries, decline fees, and other lifecycle events nickel and dime merchants. The list continues even further, from on-site terminal repairs to fees imposing new regulatory requirements. Transaction Fees Often $0.10 – $0.25

IRS 52
article thumbnail

RBA and ASIC Act Against ASX Following Concerns Surrounding Australian CHESS System

The Fintech Times

In a joint letter to ASX, the regulators expressed their deep concerns about the potential for operational incidents, such as the CHESS batch settlement failure, to affect the ability of CHESS to reliably service the Australian equities market until CHESS is replaced.