INTL FCStone adds ACH connectivity for high-volume low-value cross border payments
INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd’s Global Payments Division (GPD) has introduced Automated Clearing House (ACH) connectivity, significantly enhancing the Company’s solutions for high-volume, low-value cross-border payments. Low-value payments are the single largest driver of growth in GPD’s payments volumes, which are currently ~60% higher than at…
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