Pandemic casts shadow over UK Payment Systems Regulator’s annual plan
The PSR's annual plan and budget were formulated before the COVID-19 crisis.
Payments - Receipts
Background
Collecting bills efficiently, on-time and with a minimum of bad debts is essential in any business. Bill collection, unlike collecting payments at the point of sale, involves granting the buyer credit until they have paid the invoice / the bill, so the first tasks in bill collection are to decide what…
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Comdata solution supports same-day shipper payments for fleets
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Afinis adds testing capabilities to help payment API standardisation
The Nacha organisation is partnering with XMLdation on the project.
Bectran launches cash application solution
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TripActions launches corporate travel management and payments solution
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Santander Group agrees to acquire merchant services company Elavon México
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SWIFT to host open API hackathon in Africa
The hackathon is open to developers working in the financial sector across Africa to identify new solutions for cross-border payments.
Bottomline’s purchase of Experian Payments Gateway provisionally clears CMA
A UK Competition and Markets Authority investigation finds the transaction does not raise competition concerns.
Standard Chartered and Assembly Payments create e-commerce joint venture
The new joint venture will be headquartered in Singapore.
RBC to offer accounts receivable tool
The Interac e-Transfer Bulk Request Money feature lets businesses streamline, expedite and automate the accounts receivable process.
UK SMEs stretched further by late payments
Prompt Payment Code and Duty To Report have helped create awareness but need more bite
Citi platform to simplify cross-border B2B collections
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Elavon acquires Sage Pay
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GoCardless launches global network for recurring payments
TransferWise will power the FX capability within the network.
Bottomline adds AI-enabled in-product support with Drift
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New schemes; new partnerships; but remember the customer
The economic realities of the global payments industry
McKinsey’s Global Payments Map 2019 report reveals all
Day 1 - SIBOS 2019 blows bankers minds
Brian Cox with his talk on cosmology and fintechs with their attitudes and speed of innovation
SWIFT publishes paper on the European payments landscape
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Travelex launches API-enabled B2B platform
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EBA Clearing begins development of pan-European request to pay infrastructure solution
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Volante Technologies offers free SaaS instant payments processing
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HSBC announces three measures to support SMEs in Hong Kong
Two of the moves relate to the government's SME loan schemes.