Day: April 24, 2008

  • Strategy

    The most dangerous strategy is to jump a chasm in two leaps.Benjamin Disraeli

  • Working at cross purposes

    In the real world, it’s actually cheaper for businesses to accept ACH transactions than it is to accept paper checks.  At the Western Independent Bankers Association 2006 Technology Summit it was estimated that it cost a merchant $.05 to process an ACH transaction versus $.12 to process a paper check transaction.  And even if you…