Tag: payments

Evaluating the Future of Business Payments: How customer expectations and security will drive digital transformation

When evaluating the future of business payments, we’re finally starting to see a reflection of the same digital transformation that has impacted consumer payments. The industry can envision what business payments could and should be...

/ November 5, 2018

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...

/ October 30, 2018

Key Tactics for Direct Debit Optimization

Direct Debit optimization is critical to eliminating costly failed transactions. Here are the key things you need to know...

/ October 29, 2018

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...

/ October 24, 2018

Creating a Real Time Payments Strategy-A Guide for Banks

Nearly a year ago The Clearinghouse’s Real Time Payments launched in the U.S. amid much fanfare. Since that time, the industry has been hard at work trying to create a real time payments strategy that...

/ October 23, 2018

Best Practices to Secure Payments Across the Digital Enterprise: Advice from RGL Forensics

The threat of business payment fraud is getting worse every year. According to the 2017 AFP Payment Fraud and Control Survey, 74% of organizations were victims of the threat in 2016 alone. If you’re concerned...

/ October 22, 2018

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...

/ October 3, 2018

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...

/ October 2, 2018

Why Accounts Payable Automation is Worth the Investment

The term accounts payable automation,or AP automation, describes the process of streamlining the business processes and workflow of AP departments through technology advancements. Undergoing the transformation from manual to automated AP processes may seem like...

/ October 1, 2018

Forensic Files: Strategies to Defend Against Payment Diversion Fraud

Payment diversion fraud might hide behind aliases such as mandate fraud, invoice fraud or business email compromise, but regardless of what you call it, it’s a big threat to business. According to Andy Fyfe, detective...

/ September 24, 2018