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11/11/2008 News For: Annuity PaymentCamara Interbancaria de Pagamentos to Use Planet Group, Inc. Software to Enable Electronic Bill Payment and Presentment Planet Group, Inc., Planet a leading provider of IT consulting, payment-enabling technologies and transaction processing services, today announced that Brazil's interbank funds transfer system, Camara Interbancaria de Pagamentos, CIP has licensed Planet's CORE360 and WorkpointTM to enable electronic bill payment and presentment. CIP will ultimately invest BRL $77 million in a project that ... New Javelin Study Forecasts Cash-Based Alternative Payment Methods Growing in Popularity with Consumers Shopping Online SAN FRANCISCO----Javelin Strategy & Research , the leading independent provider of quantitative and qualitative research focused exclusively on financial services, today announced release of its 2008 Online Retail Payments Forecast, which delves into the increasing appeal and growth of alternative payment methods and the impact it represents to banks and traditional card networks like Visa, ... (AFX UK Focus) 2008-11-10 10:33 Taiwan loosens payment conditions to help DRAM makers TAIPEI, Nov 10 Reuters - Taiwan announced measures to loosen loan and payment conditions on Monday to help the island's loss-making DRAM memory chip makers weather the industry's worst downturn in its history. The Ministry of Economic Affairs will allow companies whose operations are normal to extend the deadline on bank loan payments due in March next year by six months, the ministry said in ... FSA fines AWD Chase de Vere ?1.12m for pension misselling The FSA has fined AWD Chase de Vere Wealth Management ?1.12 million for serious failings in its pension transfer, pension annuity and income withdrawal business that lead to misselling. ... Local Business News An Irish bank has unveiled plans to grant three years paid leave to some of its workers in order to deal with the looming recession. Permanent TSB plans to offer staff an incentive payment of 50% of.. Beware a meltdown of your living annuity The people most at risk in the current market meltdown are pensioners who have invested their retirement savings in an investment-linked living annuity Illa. Frank urges U.S. delay Internet gambling rules A senior congressional Democrat on Monday accused the Bush administration of rushing to implement Internet gambling rules that have raised concerns among banks before it leaves office on January 20. Big banks step up efforts to modify mortgages Major banks are stepping up their efforts to curtail losses from souring mortgages, with Citigroup Inc. becoming the latest institution to adopt initiatives aimed at helping at-risk borrowers remain in their homes. Annuity rates set to dip 10% as rates fall ANNUITY rates could tumble by up to 10 per cent over the next year following the Bank of England base rate cut to 3 per cent. Citigroup to help at-risk borrowers stay in homes Citigroup says it is imposing a moratorium on most foreclosures as part of a series of initiatives aimed at helping at-risk borrowers remain in their homes _ making Citi the latest big bank to announce sweeping efforts to try to curtail losses from souring... |