Category: Global Payments
Exploring the Trends Driving the Future of Business Payments
To predict the future of B2B payments, look to its past. Unlike consumer payments, B2B payments have traditionally been very complex, time-consuming, manual, and expensive. So it only makes sense that B2B payments will evolve...
FAQs about Open Banking and PSD2
It’s no secret that the global payments landscape is in a state of flux. This is particularly true in the UK and European Union where all eyes are watching the roll out of two initiatives...
Thinking of Deploying a Payment Factory? Here’s Everything You Need to Know Before You Do…
Improving payments and cash management is a constant challenge for organizations, one that grows exponentially more complicated with the rise in globalization. The implementation of a payment factory can go a long way towards easing...
Faster Payments Security-A Global Perspective
Faster payments is the generic term for the smarter, instant payments that have been emerging on a global scale over the last decade. Faster payments schemes have recently been implemented in the US, Europe and...
Preparing for the Attestation Deadline: a SWIFT Audit Checklist
As we close out the year many organisations are hyper focused on the newly updated 2018 Customer Security Programme, which now requires users to be compliant with all mandatory controls or else be reported to...
Key Tactics for Direct Debit Optimization
In 2017 4.2 billion payments totaling £1,305 billion were made by Direct Debit in the UK. This is up from 3.9 billion payments made in 2015, growth that is expected to continue as the use...
Understanding the new payments architecture
PSR, PSF, SPP, TPSP, NPSO*… since the inception of Open Banking it’s as though the payments industry has become a veritable alphabet soup of acronyms as organizations are created to control all of the changes...
Best Practices to Streamline Payments Globally
It’s no secret that businesses are expanding into global markets at an unprecedented rate. In fact,going global is almost an imperative in order to compete in today’s fast-paced environment. However, for organizations making that leap...
Everything You Need to Know About Open Banking, PSD2 and Other Changes in the UK Payments Landscape
There’s no doubt that initiatives like Open Banking, PSD2 and others are transforming the way businesses pay and get paid. We’re experiencing a time of radical change in the payments landscape. It’s an exciting time...
Late Payments to Suppliers: Why They Happen and What to Do About Them
This October marks the one year anniversary of the Duty to Report legislation which was designed to address the late payments to suppliers problem that impacts small businesses. The legislation requires large businesses to make...