What can virtual accounts do for you?
by Bija Knowles
The next generation of virtual accounts improve visibility and centralisation of receivables but concerns over KYC and tax remain
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…
Read moreThe Basics of Artificial Intelligence
by Jack Large
Artificial Intelligence gets a vary varied press, listen to one expert’s view on how AI works and what doesn’t, and where is it going
Payments Update: stable digital currency; card merchants; instants
by Jack Large
Stable Japanese digital currencies; subscription payments booming; payment card merchants globally; Huawei pay; instant payments
Natixis launches real-time tracking service for international payments
by Jack Large
Swift gpi based service is available via the Natixis Trade & Treasury Solutions portal so no IT development needed
Corporates on Swift - 2000+ are reaping benefits; why not more?
by Jack Large
Multi-bank tracking with gpi is the start of new wave of initiatives including pre-gpi payment validation service
ECB goes live with TIPS pan-European instant payments
by Bija Knowles
The European Central Bank has launched the TARGET instant payment settlement system for instant eurozone transactions
Payments: Cards remain king; new Amazon Pay; Faster Payments
by Jack Large
Revolution continues as cards dominate mobile payments; Amazon Pay service to be launched; Faster Payments still growing at 20%+
NACHA faster payments; 4 imperatives for risk management
by Jack Large
NACHA’s Payments Innovation Alliance Defines Criteria for Faster Payments Playbook; What boards and CROs need to do in risk management
New platforms to help businesses simplify/digitize payment processing
by Jack Large
Transactis & Cash Flow Solutions combine; new Santander® Enterprise Payment Link
CTMfile picks out the 12 AFP sessions you won’t want to miss (UPDATED)
by Bija Knowles
The programme this year is huge – here are some of the highlights from the conference and the exhibition floor
USA same day ACH volume grew 192% over last year
by Jack Large
NACHA reports strong ACH volume growth of 7%in Q3 2018 and B2B 10%+
Payments: SWIFT gpi, TARGET 2, RT1, UK stats, DB white paper
by Jack Large
SWIFT gpi tracker for all; TARGET 2 migration; EBA Clearings RT1; UK Faster Payments growth; Deutsche Bank neat payment jigsaw puzzle
Payment times for UK suppliers cut by 14% since 2016
by Bija Knowles
The time it takes to pay suppliers across the UK is now on average 42 days, compared to 49 days in 2016
SWIFT launch new GPI ‘stop and recall’ capability
by Jack Large
New SWIFT service blocks suspicious payments: ‘Payment Controls’ will allow real-time monitoring, alerting and blocking
‘Bigtechs’ increase their share of global payments
by Bija Knowles
The global e-wallet market accounts for about 8 per cent of all non-cash transactions, with the 'bigtech' firms increasing their share
SWIFT’s White Papers on payment systems are driving and defining developments
by Jack Large
“The transformation of the European payments landscape” and “How SWIFT is supporting customers….” BUT RIPPLE IS FIGHTING BACK
ACH cross-border payments - banks, etc. sign up with specialists
by Jack Large
Earthport, the global payments specialist, has been appointed by BNP Paribas to provide Automated Clearing House (ACH) cross-border pay
Mastercard makes paying bills a breeze with Bill Pay Exchange
by Jack Large
With their built-in network of 135,000 billers, Mastercard Bill Pay Exchange will have largest community of U.S. Billers in 2019
Brexit - it is still not too late: “Be aware and be prepared”
by Jack Large
You might need the HSBC interactive PDF which summarises the key dates, top considerations and five steps for Brexit readiness
Payment Update: SWIFT gpi, HK instant payments, Amazon Pay
by Jack Large
Revolution continues in Japan, Hong Kong and India
US is rapidly going ACH, but checks still surviving
by Jack Large
NACHA reports first ever monthly ACH network volume total greater than 2 billion paymentsvolume increased by more than 10% over 2017
Payments: ecommerce, instants, interchange, Ripple, e-invoicing
by Jack Large
All e-commerce payment systems, Kroger bans Visa cards, irrevocability in real-time payments, Ripple expansion and merits, e-invoicing
Dynamic discounting or cards to boost payables cash flow?
by Bija Knowles
A report published by Paystream has picked out some trends in supply chain finance and working capital for payables cash flows
UK = indicator for payment system developments globally?
by Jack Large
Faster payments and debit cards booming, as paper decline continues