News

News
October 25, 2006
CheckVelocity Offers Several Programs Designed to Improve Collection Procedures
CheckVelocity recently began partnering with auto finance companies, including buy-here, pay-here dealerships, to facilitate collection procedures.

April 05, 2006
PCATS and BP Pursue Processing Standards
The Petroleum Convenience Alliance for Technology Standards (PCATS) said it is developing and adopting a domestic standard for managing card payment processing through the use of an electronic payment server (EPS)...

April 04, 2006
Attackers attempt massive fraud via Authorize.Net
Online fraudsters tried to charge money to stolen credit and debit cards this past weekend using the processing service of a major online payment provider...

April 03, 2006
The U.S. Credit Card Processing Industry is Highly Concentrated
The US credit card processing industry includes fewer than 500 companies with combined annual revenue under $10 billion. Major companies include First Data Corporation, Total Systems, Global Payments, and Bank of America...

March 15, 2006
How Does Check 21 Affect You?
Because of Check 21 and other check-system improvements, your checks may be processed faster--which means money may be deducted from your checking account faster...

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