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FIS and TCH Aim to Bring Real-Time Payments to Minority Communities


FIS and TCH Aim to Bring Real-Time Payments to Minority Communities
05/04/2021 | 08:39am EDT
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NEW YORK, May 4, 2021 /PRNewswire/  In an effort to bring the benefits of real-time payments to all Americans, especially those in communities served by minority-owned depository institutions (MDIs), financial technology leader FIS and The Clearing House are jointly funding the onboarding fees for MDIs joining the RTP® network, the real-time payments network operated by The Clearing House, through FIS.
Minority-owned banks and credit unions play a crucial role serving their communities and local small businesses, and real-time payments can help solve many cash-flow concerns for customers, said Jim Aramanda, President & CEO, The Clearing House. Demand for faster payments has never been higher, and all Americans deserve to enjoy the benefits that come with real-time payments on the RTP network. ....

United States , Kelly Beatty , Jim Aramanda , Head Of Payment Solutions , Clearing House , Payment Solutions , Payment Framework , ஒன்றுபட்டது மாநிலங்களில் , கெல்லி பீட்டி , அழித்தல் வீடு , கட்டணம் தீர்வுகள் , கட்டணம் கட்டமைப்பு ,

Security of Payment in Hong Kong - pilot programme for public works contracts | Bryan Cave Leighton Paisner


As the old saying holds, cash-flow is the life blood of the construction industry.
In 2021, Hong Kong looks set to join Singapore, Australia and other jurisdictions in implementing a Security of Payment regime to regulate payment practices and provide a system to protect cash flow in the construction industry. As a first step, the Hong Kong Development Bureau has released consultation drafts of a Technical Circular annexing draft Security of Payment provisions for inclusion in public works contracts and sub-contracts.
Titled “
Implementation of the Spirit of Security of Payment Legislation in Public Works Contract”, the draft Circular establishes a contractual regime to apply to public works contracts and sub-contracts for the timely processing of contract payments and the expedited interim resolution of payment disputes by adjudication. According to the Circular, the contractual regime is scheduled for implementation in public works contracts which go to tender du ....

Hong Kong , Hong Kong Development Bureau , Development Bureau , Technical Circular , Payment Legislation , Public Works , Hong Kong Government , Payment Provisions , Mandatory Sub Contract Provisions , Mandatory Subcontract Conditions , Sub Contract Mandatory Provisions , Payment Framework , ஹாங் காங் , ஹாங் காங் வளர்ச்சி பணியகம் , வளர்ச்சி பணியகம் , தொழில்நுட்ப வட்ட , கட்டணம் சட்டம் , பொது வேலை செய்கிறது , ஹாங் காங் அரசு , கட்டணம் விதிகள் , கட்டணம் கட்டமைப்பு ,

No fee increase in Dubai private schools in 2021-22


No fee increase in Dubai private schools in 2021-22
DUBAI, 24 days
ago
The Knowledge and Human Development Authority (KHDA) has announced that private schools in Dubai will not be increasing tuition fees for the 2021-22 academic year. 
 
This is the second consecutive year that fees for Dubai schools have remained steady, said a Wam news agency report.
 
The announcement follows the release of the annual Education Cost Index (ECI) calculated by the Dubai Statistics Centre, which measures annual changes in the costs of running a school, including salaries, rent and utilities. The ECI for this year stands at -2.58 per cent, it said. ....

United Arab Emirates , Mohammed Darwish , Dubai Statistics Centre , Department Of Economic Development , Dubai Chamber , Human Development Authority , Education Cost Index , Permits Commission , Fee Framework , Dubai Government , Economic Development , Middle East Trade News , Gcc Business News , Industry News , Trade News , Business Directory , Project News , Premium Content , ஒன்றுபட்டது அரபு அமீரகங்கள் , முகமது டரவிஷ் , துபாய் புள்ளிவிவரங்கள் மையம் , துறை ஆஃப் பொருளாதார வளர்ச்சி , துபாய் அறை , மனிதன் வளர்ச்சி அதிகாரம் , கல்வி செலவு குறியீட்டு , அனுமதிக்கிறது தரகு ,