Endpoint Exchange has announced that 12 of the country’s top 25 banks (by asset size) joined the company’s national check image exchange network in 2006.   » Continue Reading

The Canadian Payments Association has posted a new set of questions and answers about cheque imaging in Canada. Unlike the voluntary exchange of check images enabled by Check 21 in the US, the CPA notes that its imaging initiative is "designed as an industry-wide transition to image-based clearing, with all CPA members participating and exchanging cheque images." Implementation of the new clearing process is targeted to begin in 2008 and to be phased in over approximately a year.

CircleLending brings mortgage services to the masses through structured private loans, providing services that reduce the financial risks, administrative hassles and emotional pitfalls of interpersonal loans.   » Continue Reading

• FISC Announces New Service for Remittance Lockbox Clients
• Canadians break records with debit card use