BROOKFIELD, Wis. - (06/06/06) -- Fiserv announced Monday it hassigned with Pay By Touch to have its ACCEL/Exchange EFT Network bethe first electronic funds network to allow PIN-based debittransactions over the Internet. Pay by Touch's ATM Direct solutionallows PIN-based debit transactions to be processed over theInternet across EFT networks directly to a consumer's credit unionor bank, allowing real-time payments to retailers at lowertransaction costs than those associated with credit card orsignature debit transactions over the Internet. The Fiserv deal isthe first in the planned market wide roll-out by Pay By Touch, themarket leader in biometric payment systems. ACCEL/Exchange providesEFT services to more than 3,500 credit unions and banks.
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Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools.
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Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program.
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