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We've collected some of the more interesting articles about our industry so our clients and prospects can be as informed as possible when selecting an appropriate solution provider. Some have been written by us, while others are from our colleagues in the technology world. Enjoy — and if you have any questions or would like to discuss what you've read, please don't hesitate to contact us.

 

January 2011

Biweekly Mortgage Payment Plans Uncovered

Biweekly payment plans for installment loans can be quite beneficial for borrowers. For example, it can make budgeting more convenient for those who get paid biweekly. Moreover, such plans usually feature extra payments on the principal of the loan, so they are often referred to as "loan acceleration programs," helping borrowers pay off their mortgages sooner. Read more >

— Jim McKee, Payment Systems Group

 

January 2011

Electronic Transactions

The Digital Signature Act came into effect in 2000. Since then, electronic transactions have become a much bigger part of our lives because a legally binding signature does not have to be made on paper any more. This has allowed consumers to authorize transactions online in real time, whenever they like. Read more >

— Jim McKee, Payment Systems Group

 

December 2010

2010 Federal Reserve Payments Study (PDF) pdf

The 2010 Federal Reserve Payments Study is the fourth of a series of triennial studies conducted by the Federal Reserve System to comprehensively estimate and study aggregate trends in noncash payments in the United States. This study estimates the total number and value of payments that were made in 2009 by check, debit card, credit card, automated clearinghouse (ACH), and prepaid card from accounts domiciled in the United States. The study also estimates the number and value of ATM withdrawals. Read more >

— Research sponsored by the Federal Reserve System