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… he was going to close down payment rails. In 1659 the first cheque was written and you know what, we still kind of use cheques. We don't want to get involved with is it a good …
… remove a participation volume requirement on the automated clearing and settlement system. People's Trust was the first … that responsibility in 1996 with the passing of the Payment Clearing and Settlement Act . So what are these FMIs of …
… responsible for analyzing data from the national payments clearing systems and undertaking research that supports …
… banks in the US. And even in Canada, we have our Canadian clearing code, which is the CC code that has the bank …
… of payments and is more convenient. They can attach a cheque payment along with the paper invoice so that all of …