On the fifth day of Christmas my adviser sent me tips on how to:
by Kylene Casanova
Optimise our payments and collections by first accepting that a payment or collection is only part of a business transaction, and .....
Cheque Payments at POS
Background
Cheque payments at the POS are in world-wide decline, they are primarily being replaced by payment by cards. Although in some retailers have stopped accepting cheques, most retailers still accept…
Read moreUK consumer payments in 2024 dominated by debit cards & demise of credit cards
by Kylene Casanova
Cash set to decline to 33% of all transactions, debit cards take 42%, credit cards 8% as card payment volumes increase by 66% and online/phone (Faster Payments) volumes more than double
Bank of America Merrill Lynch introduces digital processing for Wholesale Lockbox
by Kylene Casanova
New patented business model offers improved accuracy and speed. They claim, “We’ve recreated the lockbox process— in short, we’ve reinvented the business.”
‘The Future of Payments’ - How payments in the UK will evolve in the coming years
by Kylene Casanova
Consult Hyperion report highlights importance of mobile payments and contactless, how Bitcoin will NOT have a significant role in the UK, AND how extra information/payment is vital
FUTURE OF PAYMENT SYSTEMS: New POS registers will cover Bitcoin, etc.
by Kylene Casanova
Square is making a register that will takes Bitcoin and Apple Pay, so retailers will never miss a sale
Macy’s show delivery of omni-channel buying experience with integrated payments
by Kylene Casanova
BNY Mellon’s ‘Global Payments 2020’ report misses the point: Payments are not just about transformation and convergence they are about the whole sales and purchasing experience
What to consider when tackling the European payments landscape
by Kylene Casanova
BAML survey reveals what US corporates feel are the important features in Europe payments market. Considerations also apply globally
UK payment usage pattern continues as cheques decline & Faster Payments still growing fast
by Kylene Casanova
In year to end June 2014 - Cheques: -11%, and Faster Payments speed of growth rate is slowing now +16%(+18% in February 2014), BACS: +2%, CHAPS: +4%
Bank of America Merrill Lynch cash recycling solution in the USA & adds lockbox site in Canada
by Kylene Casanova
Improves Working Capital by freeing up trapped cash, lowering costs and increasing efficiency
Revolution in UK payments continues: Year on Year: Faster Payments +29%, BACS -1%
by Kylene Casanova
Cheque usage declined by 13% in 12 months to August 2013
Cheques in decline for ever, but will they never actually disappear?
by Kylene Casanova
In July 2011, the UK's Payment Council decided to abandon their plan to kill off the cheque.
Costs of payment collection at point of sale in UK: cash is cheapest and is, on average, 24 times ch
by Kylene Casanova
The British Retail Consortium (BRC) has been conducting their annual Cost of Payment Collection Survey, since 1999, of their members' costs of payment collection to provide participant members with key benchmarking
J.P. Morgan Treasury Services launches its mobile application Image Deposit Direct® Mobile enabling
by Kylene Casanova
The Image Deposit Direct® Mobile (IDD Mobile) service enables U.S.-based companies to make check deposits using any Apple iPhone® device, eliminating the need to visit a bank branch.
Yet another Mobile Deposit Service
by Kylene Casanova
RDM Corporation, a developer of specialized software and hardware products for electronic payment processing, now offer Android support in their Simply Deposit Mobile® service.