PSD2: Key facts for European treasurers
by Kylene Casanova
PwC Italy has published an interactive webpage explaining the Payment Services Directive (PSD2) 'in a nutshell'.
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 moreBlockchain will “fundamentally alter” global finance
by Kylene Casanova
A report from the World Economic Forum says that blockchain “will fundamentally alter the way financial institutions do business around the world”.
90% say blockchain will significantly impact EU payments by 2025 – EPC poll
by Kylene Casanova
The European Payments Council has published the results of its poll on blockchain technology, showing that 90% think blockchain will have a significant impact on payments by 2025.
e-invoicing: global adoption grows with new country standards + other initiatives
by Kylene Casanova
Australia, Costa Rica and Germany adopt/plan new standards, and Chile and Netherlands forcing usage
Earthport & TransferWise show payment systems INTER-CONNECTED future
by Kylene Casanova
Role of Earthport - the cross-border payment network - as the infrastructure behind global money transfer businesses grows AND TransferWise connects to UK’s FPS
Global payments moving to same day, transparent, predictable, tracked & more info
by Kylene Casanova
SWIFT’s Global Payment Initiative gathers pace - ICICI and AXIS are the first Indian banks to join the initiative - as banks world-wide try to improve their cross-border payment services
Reform for UK payments infrastructure needed to increase competition
by Kylene Casanova
The UK payments infrastructure is in need of reform to increase competition and improve services for customers, according to a market review published by the Payment Systems Regulator (PSR).
Trade misinvoicing costs amount to billions
by Kylene Casanova
Trade misinvoicing is costing government billions of dollars, according to a research paper published by UNCTAD (United Nations Conference on Trade and Development).
Mastercard removes digital payment barriers – shop freedom across devices/channels
by Kylene Casanova
Mastercard first network to deliver omni-channel all-digital payment service with Masterpass
Draft strategy will improve access and consolidate UK payments system
by Kylene Casanova
The Payments Strategy Forum has published a draft strategy setting out simpler access, greater innovation, increased adaptability and better security for the UK's payments system.
SWIFT’s Global Payments Innovation Initiative makes progress: 73 banks now joined
by Kylene Casanova
“More banks worldwide collaborate to dramatically improve the cross-border payments experience with greater speed, transparency and end-to-end tracking” - SWIFT
Brexit: possible impact on UK consumer payments, on PSD and regulatory authorities
by Kylene Casanova
PSE consulting expect few upsides: Payment Service Directives to remain but eMoney: Payment Institutions will probably to move their headquarters to other European markets; and EBA will almost certainly move
Clearing and Settlement Systems from Around the World: A Qualitative Analysis
by Kylene Casanova
Bank of Canada’s analysis shows most countries will have many more options, most will have real-time or near real-time systems: How are you going to use these to improve your payments and collections?
Why open access to payment systems will foster innovation - report
by Kylene Casanova
Payments UK has published its latest World Class Payments report, about improving the access arrangements to UK payment systems for payment service providers (PSPs).
UK payments, May 2016: annually- cheques down 13%, Faster Payments +15%, ACH +4%
by Kylene Casanova
Decline of paper and cash usage while ACH, Faster Payments, cards (particularly contactless) and even CHAPS growth continues
Align Commerce’s multi-rail, blockchain payment service now offers insurance cover
by Kylene Casanova
Additional layer of protection securing client assets to ensure users have confidence in Align’s innovative international small business payments service
Payment systems innovation continues: Ripple cutting costs, contactless booming, &
by Kylene Casanova
Cost of cross-border payments dropping, contactless cards, Apple Pay expanding, stopping checkout abandonment, stockpiling bitcoins, overcoming the alternative payments problem, and new channels for collection
Banks and corporates gear up for the new pan-European instant payment system
by Kylene Casanova
EBA Clearing provide preview of system design, functionality and interface specs. How are you going to exploit the new instant payment system available from November 2017?
The future of EU payments: fees, instant payments and evolving infrastructure
by Kylene Casanova
The European Payments Council (EPC) has published its June newsletter, which covers the future of instant payments, the impact of the card interchange fee regulation and payments in the US and Finland.
Future vision of European payments under discussion at #EBAday2016
by Kylene Casanova
EBAday 2016 has kicked off this morning in Milan, bringing together payments professionals from across the EU.
Key trends that are changing the payments industry
by Kylene Casanova
The Paypers has published a guide to payments, supply chain finance and e-invoicing, outlining the trends, developments and disrupters in that space.
Tipalti releases first-ever platform to automate entire accounts payable workflow
by Kylene Casanova
New cloud offering delivers end-to-end accounts payables optimization for global supplier payments
SmartStream launches TLM SmartRecs OnDemand for reconciliation
by Kylene Casanova
Innovative reconciliation service for corporates from Smart Stream’s new innovation lab
How to use commercial cards to control spending and improve liquidity management
by Kylene Casanova
Citi’s new survey shows that commercial cards management needs to be ‘Digital, Centralised and Globally Compliant’ to exploit their full potential