Direct Payments

Same Day ACH Growth Helps Lead ACH Network to Solid Third Quarter Results

Retrieved on: 
Tuesday, October 17, 2023
Finance, Banking, Payments, Professional Services, Technology, Organization, Multimedia, ACH Network, Growth, ACH, Direct Payments, Direct deposit, Larimer, Bank, Cryptocurrency

Ongoing adoption of Same Day ACH and the continued increase in business-to-business (B2B) payments led the ACH Network to robust results in the third quarter of 2023.

Key Points: 
  • Ongoing adoption of Same Day ACH and the continued increase in business-to-business (B2B) payments led the ACH Network to robust results in the third quarter of 2023.
  • So far in 2023, the ACH Network has handled 597.6 million Same Day ACH payments valued at $1.78 trillion, respective increases of 16% and 42.4% compared to the first three quarters of last year.
  • “The one million dollar limit and the three settlement times each business day make Same Day ACH a great choice for faster payments.”
    B2B also continues to be a growth area for the ACH Network.
  • Total third quarter volume on the ACH Network was 7.8 billion payments, up 3% from the same time last year and 4.6% per processing day.

EQS-News: Mobile TeleSystems PJSC: NOTICE OF MEETING

Retrieved on: 
Sunday, November 27, 2022
Euroclear, DTC, Condition, Trust deed, Trustee Sales Guarantee, Loan agreement, Competence, MTS, Schedule 4, Meeting, Proxy, Protected trust deed, Extraordinary resolution, Tf–idf, Amendment, Agency agreement, Person, Donald Duck filmography, Proposal, Trust, Failure, News, Mechanics, KYC, Acquisition, Principal, Direct Payments, Trustee, Information, RS, Loan, Security (finance), Real estate, Cryptocurrency, Property management, Financial adviser, Memorandum, Note, Issuer, Limited

MTS PJSC (the "Company") hereby requests that the holders of U.S.$500,000,000 5 per cent.

Key Points: 
  • MTS PJSC (the "Company") hereby requests that the holders of U.S.$500,000,000 5 per cent.
  • Terms not otherwise defined in this Extraordinary Resolution shall have the meaning ascribed thereto in the Consent Solicitation Memorandum dated 21 November 2022.
  • 21.11.2022 MSK Dissemination of a Corporate News, transmitted by EQS News - a company of EQS Group AG.
  • The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Nacha Research Shows 97% of Workers Ages 22-34 Have a Bank Account and 88% of Them That Are W2 Workers Use Direct Deposit

Retrieved on: 
Wednesday, October 19, 2022
Direct deposit, ACH, ACH Network, Time, Direct Payments, Travel, Research, Life, Accreditation, CEO, W2, Retirement, Larimer, Education, Online gambling, Bank, Online shopping, Health insurance

HERNDON, Va., Oct. 19, 2022 /PRNewswire/ -- A study commissioned by Nacha found the sizable majority of the nation's younger millennials are paid by Direct Deposit but revealed a stark contrast between W2 employees and gig workers.

Key Points: 
  • Overall, 97% of workers ages 22-34 have a bank or credit union account, with 83% receiving their pay by Direct Deposit.
  • However, among W2 employees, 88% use Direct Deposit, while only 47% of gig workers are paid this way.
  • "Among younger W2 workers, Direct Deposit is widely understood, used and appreciated," said Jane Larimer, Nacha President and CEO.
  • Based on the research, Nacha has launched a campaign to educate younger millennial gig workers on the value of Direct Deposit.

PAO Severstal: NOTICE OF MEETING

Retrieved on: 
Wednesday, October 12, 2022
Direct Payments, Information, Severstal, DTC, Securitization, KYC, Person, Russia, Potential, Proposal, Mechanics, Extraordinary resolution, Schedule 5, Loan, Restatement of the Law of Agency, Third, Euroclear, Registrar, Company, Trustee, Negotiation, Trust deed, Acquisition, Protected trust deed, Program, Agency agreement, Amendment, Proxy, Tf–idf, Condition, Trust, Failure, PAO, Competence, Ownership, Principal, Meeting, Security (finance), Property management, Cryptocurrency, Note, Default, Issuer

In accordance with paragraph 7 (Extraordinary Resolution) of Schedule 5 (Provisions for Meetings of Noteholders) of the Trust Deed and Condition 10.1 (Meetings of Noteholders), the Extraordinary Resolution (as defined in the Amended and Restated Principal Trust Deed dated 15 March 2013, as supplemented by the Supplemental Trust Deed dated 16 September 2019 (the "Trust Deed")) shall be passed at a meeting duly convened and held in accordance with the Trust Deed by the affirmative vote of holders of Notes present in person or represented by proxy or representative owning in the aggregate not less than two-thirds in principal amount of the Notes owned by the Noteholders who are so present or represented at the Meeting or such adjourned Meeting.

Key Points: 
  • In accordance with paragraph 7 (Extraordinary Resolution) of Schedule 5 (Provisions for Meetings of Noteholders) of the Trust Deed and Condition 10.1 (Meetings of Noteholders), the Extraordinary Resolution (as defined in the Amended and Restated Principal Trust Deed dated 15 March 2013, as supplemented by the Supplemental Trust Deed dated 16 September 2019 (the "Trust Deed")) shall be passed at a meeting duly convened and held in accordance with the Trust Deed by the affirmative vote of holders of Notes present in person or represented by proxy or representative owning in the aggregate not less than two-thirds in principal amount of the Notes owned by the Noteholders who are so present or represented at the Meeting or such adjourned Meeting.
  • PAO "Severstal" (the "Company") hereby requests that the holders of U.S.$800,000,000 3.15 per cent.
  • Terms not otherwise defined in this Extraordinary Resolution shall have the meaning ascribed thereto in the Consent Solicitation Memorandum dated 12 October 2022.
  • This Extraordinary Resolution and any non-contractual obligations arising out of or in connection with it are governed by, and shall be construed in accordance with, English law.

PAO Severstal: ANNOUNCEMENT ON DIRECT PAYMENT APPLICATIONS ACCEPTANCE

Retrieved on: 
Wednesday, August 24, 2022
Transfer, Person, Trustee, Stock, NOTES, IF, Note, Calendar, OF, Direct Payments, Program, TIMELY, ALL, ARE, Ruble, Securitization, Payment, MAR, THE, INTO, Adoption, Private investigator, Security (finance), Bookkeeping, Property management, Issuer, Severstal

THIS ANNOUNCEMENT CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE NOTES.

Key Points: 
  • THIS ANNOUNCEMENT CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE NOTES.
  • Terms defined in the Launch Announcement and the Results Announcement shall have the same meaning herein.
  • Severstal hereby announces that, to allow the Noteholders holding the Notes as of 27 July 2022 through foreign nominee holders (the "Eligible Noteholders") who have not delivered, by 18 August 2022, to Severstal signed direct payment applications (the "Direct Payment Applications") to receive direct payments from Severstal in Roubles and to ensure that their rights are not prejudiced, Severstal is willing to continue accepting the Direct Payment Applications from the Eligible Noteholders, subject to the conditions specified herein, until 17 November 2022.
  • Direct payments will be made to a Noteholder within 7 Russian business days following the date when the relevant Noteholder delivers the Direct Payment Application accompanied by Payment CPs to Severstal.

Nacha Recognized as One of Virginia's Best Places to Work for Fourth Consecutive Year

Retrieved on: 
Monday, January 31, 2022
Employment, The Last Best Place, Leadership, Culture, CEO, Direct deposit, ACH Network, Accreditation, Organization, Direct Payments, Communication, Workforce, Education, Management

This statewide survey and awards program identifies, recognizes and honors the best places of employment in Virginia, benefiting its economy, workforce and businesses.

Key Points: 
  • This statewide survey and awards program identifies, recognizes and honors the best places of employment in Virginia, benefiting its economy, workforce and businesses.
  • The 2022 Best Places to Work in Virginia list is made up of 100 companies and organizations.
  • Organizations across Virginia entered the survey process to receive recognition as one of the Best Places to Work in Virginia.
  • For more information on the Best Places to Work in Virginia program, visit http://www.BestPlacesToWorkVA.com .

GreenBox POS Opens New Bulk ACH Channel Surpassing $50M in Monthly Merchant Volume

Retrieved on: 
Tuesday, January 18, 2022
Securities Exchange Act of 1934, Technology, SAN, SEC, Social, CA, ACH, NASDAQ, GLOBE, Automated clearing house, Review, ACH Network, Social Security, Company, Efficiency, Clearing house, Direct Payments, Direct deposit, Securities Act of 1933, Bank

Utilizing its blockchain technology and smart contract technology, GBOX will be able to transfer funds electronically for ACH debit and ACH credit transactions.

Key Points: 
  • Utilizing its blockchain technology and smart contract technology, GBOX will be able to transfer funds electronically for ACH debit and ACH credit transactions.
  • Since the new programs commencement, GreenBox clients have already committed to over $50,000,000 in monthly ACH processing and the number is climbing.
  • "ACH bulk processing offers a profitable new, multi-million-dollar revenue stream for GreenBox.
  • GreenBox POS (NASDAQ: GBOX) is an emerging financial technology company leveraging proprietary blockchain security and token technology to build customized payment solutions.

Direct Payments to Farmers (Legislative Continuity) Bill 2019-20

Retrieved on: 
Thursday, January 16, 2020
Payments, United States Department of Agriculture, Economy, Direct Payments, Social care in the United Kingdom, Agricultural subsidies, Agriculture, Articles, Common Agricultural Policy

House of Commons LibraryDirect Payments to Farmers (Legislative Continuity) Bill 2019-20 This briefing sets out the policy background to and provisions in the Direct Payment to Farmers (Legislative Continuity) Bill 2019-20.

Key Points: 


House of Commons Library

Direct Payments to Farmers (Legislative Continuity) Bill 2019-20

    • This briefing sets out the policy background to and provisions in the Direct Payment to Farmers (Legislative Continuity) Bill 2019-20.
    • The Bill provides powers to Ministers to allow farm support direct payments to continue in 2020 after the UK leaves the EU.
    • The Direct Payments to Farmers (Legislative Continuity) Bill2019-20 (HC Bill 5) was published on 9 January 2020.
    • The Bill does two main things: it makes provision firstly for the incorporation of the Direct Payments Regulation into domestic law for 2020, and secondly it will enable increase in the total maximum amount of direct payments.
    • More than 80% of this support is paid as direct payments, based broadly on the amount of land farmed.
    • A new legal basis will therefore be required to enable Ministers to continue direct farm support payments in 2020.
    • The Direct Payments to Farmers (Legislative Continuity) Bill sets out that new legal basis.
    • This Bill also includes powers for Ministers to increase the total maximum amount of direct payments in 2020.
    • It will do so by phasing out direct payments over a seven-year period expected to start in 2021.

Direct Payments to Farmers (Legislative Continuity)

Retrieved on: 
Friday, January 10, 2020
Payments, Parliament of Singapore, Direct Payments, United States Department of Agriculture

Latest Bill

Key Points: 
  • Latest Bill

    Latest news on the Direct Payments to Farmers (Legislative Continuity) Bill 2019-20

    Thisis a public bill presented to Parliament by the Government.

  • The Bill was introduced to the House of Commons and given its First Readingon Thursday 9 January 2020.
  • This stage is formal and takes place without any debate.
  • Additional information

    Summary of the Direct Payments to Farmers (Legislative Continuity) Bill 2019-20

    To make provision for the incorporation of the Direct Payments Regulation into domestic law; for enabling an increase in the total maximum amount of direct payments under that Regulation; and for connected purposes.