After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.
December 07, 2012
Regulatory compliance is a chief concern for banks, now more than ever. Seemingly on a daily basis, a new regulatory statute is being written or coming into law. Banks that do business not only in the U.S., but globally as well, must be aware of an every-changing regulatory landscape and make sure they are compliant. Bank Systems & Technology talked to several industry observers about the major regulatory requirements banks are preparing for in 2013.