When Morgan Gace left her place as CEO of the Calaveras County Chamber of Commerce final 12 months, she hadn’t deliberate on beginning a enterprise. Her plans shortly developed, nonetheless, and he or she immediately discovered herself within the place to pursue one thing she all the time wished to do. Gace and her husband determined to create Gold Rush Excursions, a novel tour firm that makes use of Gace’s connections and keenness for supporting small companies whereas giving locals and guests a one-of-a-kind expertise. The tour firm, based mostly in Angels Camp, affords wine excursions, historic excursions, and journey excursions. With customizable journeys within the tri-county Mom Lode area, the…
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JPMorgan explores new business opportunities with real-time payment service
The news: JPMorgan launched request for pay, a service that lets corporate clients avoid card network payment processing and other third-party services by sending payment requests directly to the roughly 57 million retail customers who use the bank’s app or website, per Reuters. Why it’s worth watching: Demand for faster payments became more pronounced during the pandemic—businesses and consumers needed to access their funds faster, and paper checks, cash, and other traditional payments weren’t cutting it. That put a greater emphasis on faster payments and real-time payment (RTP) systems, leading to innovations that improved the end-to-end transaction process: In March 2021, Automated Clearing House (ACH) expanded same-day settlement so financial…
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JPMorgan Explores Business Opportunities in Real-Time Payments
JPMorgan’s new request for pay service lets corporate clients send payment requests directly to the bank’s retail customers. JPMorgan launched request for pay, a service that lets corporate clients avoid card network payment processing and other third-party services by sending payment requests directly to the roughly 57 million retail customers who use the bank’s app or website, per Reuters. B2B payment transaction value will reach $27.54 this year. Insider Intelligence Why it’s worth watching: Demand for faster payments became more pronounced during the pandemic—businesses and consumers needed to access their funds faster, and paper checks, cash, and other traditional payments weren’t cutting it. That put a greater emphasis on faster payments…
