SWIFT extends gpi to all cross border payments
by Jack Large
Small banks will be given a basic gpi service; who doesn’t like gpi?
Payments - Disbursements
Background
Making payments is the inevitable consequence of making purchases and an essential and integral part of the financial supply chain. A payment is the transfer of value from one party, a person or…
Read morePayments: New card technologies & cards; Open Payment Platform; UK Faster Payments; Card charges row
by Jack Large
Revolution continues with good and the bad
PSR paper on how payments data is used
by Bija Knowles
A PSR discussion paper on how data is used in the payments industry identifies 3 key areas it needs to explore in more detail
EBA Clearing to focus on cross-service alignment
by Bija Knowles
EBA Clearing has said it will prioritise cross-service alignment for the next few years and will focus on the development of its large-value payment platform, EURO1
Payment update: real-time payroll; SWIFT gpi in China
by Jack Large
Payroll processing improves; 86% of cross-border payment traffic conducted by Chinese banks will use SWIFT gpi
Global future of e-commerce, payments and retailing
by Jack Large
EDC’s 12th Advanced Payments Report report insights
38% of companies admitted to paying their suppliers late to protect liquidity
by Jack Large
Bottomline’s UK Business Payments Barometer 2018 reveals sad state of affairs as Brexit now top concern
Platforms with potential for new payment services
by Jack Large
Citi first corporate bank to enroll as registered third party payment provider for Open Banking in UK; Bankable partnering with Starling Bank and Transact Payments to deliver full-service payments infrastructure
Payables automation drivers
by Jack Large
Tipalti research shows what to focus on
What to do about payables automation
by Jack Large
How modern companies are automating payables, improving working capital, and leveraging electronic payments
SWIFT: A quarter of all cross-border payments now over gpi
by Jack Large
Set to be the standard for all cross-border payments made on the SWIFT network by the end of 2020 & ensuring Ripple remains marginal player?
New CTMdirectory - makes browsing for products and services a delight
by Jack Large
Annual subscription gives corporate treasury suppliers and advisers access to 1000s of viewers world-wide for only a few £100s/year
BIS sets out 7 steps for ensuring payments security
by Bija Knowles
The Committee on Payments and Market Infrastructures has set out seven elements that form part of its strategy to reduce the risk of wholesale payments fraud
Two UK payment systems consolidated under New PSO
by Bija Knowles
The operational responsibility for two of the UK's payment systems, Bacs and Faster Payments, has been transferred to the New Payment System Operator
Nacha announces four new partners to improve and support ACH payments
by Bija Knowles
Nacha has announced that four additional preferred partners will join its group of providers and innovators that contribute to the association's strategic efforts and the payments ecosystem
Death of cash and payment cards greatly exaggerated
by Jack Large
New study and new payment card technology shows both growing
HSBC goes live with SWIFT’s global payments innovation service
by Jack Large
GPI expansion continues with nearly 50 FI live on new service with some 10% of all SWIFT’s cross border payment traffic already via gpi
European Commission tackles late payments in food supply chain
by Bija Knowles
Late payments are a scourge throughout business supply chains worldwide. Now the European Commission has announced action to ban unfair trading practices in the food supply chain
Payments data more useful than real-time settlement for corporates
by Bija Knowles
Detailed payments data is more important than payments in real time, according to a recent survey of corporate treasury professionals
Payments fraud at record high, treasurers on alert – AFP survey
by Bija Knowles
Payments fraud touched a new high last year, with almost 80 per cent of all companies reporting at least one case of payments fraud in 2017, according to the 2018 AFP Payments Fraud Survey
Open banking is big opportunity for fintechs
by Bija Knowles
The majority of UK fintech companies see open banking as a major area of opportunity, according to UK FinTech Open Banking Snapshot, a study by EY
NACHA and IFX Forum merge to accelerate API standards
by Bija Knowles
IFX Forum has been merged as an independent operating entity under NACHA in order to further the development of standardised APIs and other standards for the global financial services industry
The cost of managing a global payments programme in-house
by Bija Knowles
What does implementing a payments compliance programme actually involve? An infographic by Hyperwallet sets out some of the considerations companies will need to manage
SWIFT introduces universal real-time payment tracking
by Jack Large
gpi Tracker extended to all payment messages and new end-to-end tracking reference coming in November