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 .....
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 morePayments UK launches Sepa directory ahead of 1 February deadline
by Kylene Casanova
On 1 February 2016, payment service providers (PSPs) in the Eurozone will be required to process Single euro payments area (Sepa) payments using only international bank account numbers (IBANs).
A complete POBO & ROBO payment factory making subsidiaries ‘bank-free’ is possible
by Kylene Casanova
Roche shows how to operate full ‘on-behalf-of’ payment & collection factory, the ultimate solution
European governments keep e-invoicing adoption moving as EU develops plan
by Kylene Casanova
Switzerland: partial e-invoicing obligation begins for suppliers to Swiss Federal Administration
First step taken towards pan-European instant euro payments
by Kylene Casanova
The European Payments Council has published its proposal for a pan-European instant credit transfer scheme.
2015 business rules for Sepa schemes now effective
by Kylene Casanova
The European Payments Council has announced that the 2015 Sepa business rules for SDD and SCT are now in effect.
Making payment factories effective - the vital stages
by Kylene Casanova
Connectivity series #4: Volante Technologies and Corning's Bengt Elvinsson discuss the role of payment factories, key functions and future of payment factories
Sepa Cards Framework revoked as EMV acceptance almost complete in EU
by Kylene Casanova
The Sepa Cards Framework (SCF) is being retired after 10 years, during which time it has seen EMV card acceptance in Sepa countries grow from 10 per cent in 2004 to almost 100 per cent in 2015.
EPC’s recommendations on SEPA customer reporting
by Kylene Casanova
The European Payments Council (EPC) has published an updated version of its recommendations on customer reporting of Single Euro Payments Area (SEPA) credit transfers and direct debits.
Sage accounting now offer full payment facility = start in bank services decline?
by Kylene Casanova
SME Sage Pay service extended with new payee payment facilities to help companies “transform the way we manage our money”
Online Payments Market Guide 2015 – now online
by Kylene Casanova
The Paypers has launched the latest edition of its Online Payments Market Guide, promising a “comprehensive overview of the online payments ecosystem”.
Payments UK announces directory to support IBAN-only payments
by Kylene Casanova
The UK's payments industry trade association has announced it will be facilitating the move to IBAN-only cross-border payments from February 2016.
EPC announces progress on instant SCT in October newsletter
by Kylene Casanova
The European Payments Council's October newsletter includes details including the SCT instant payment scheme, P2P mobile payments and the evolution of existing schemes.
Payment survey of B2B payments shows lowest uncollectables are in Europe at 2%
by Kylene Casanova
Atradius Payment Practices Barometer gives global picture: worst region for overdue invoices is Americas whilst Asia-Pacific has longest payment terms at 33 days, but overall conditions are improving
ECB: the shape of European payments in 2014
by Kylene Casanova
Europeans are increasingly choosing non-cash payments, with the number of non-cash payments increasing by 2.8% compared to 2013, to 103.2 billion, according to the European Central Bank.
European Parliament votes to adopt PSD2
by Kylene Casanova
The European Parliament has adopted the European Commission's revised Payment Services Directive (PSD2), paving the way for safer and more efficient payments across Europe.
Call for comments on revised SEPA rules
by Kylene Casanova
The European Payments Council has launched a public consultation on a revised version of the rules that govern SEPA Credit Transfers and SEPA Direct Debits.
EPC kicks off meetings for SEPA end-users and technical players
by Kylene Casanova
The European Payments Council aims towards greater SEPA transparency with kick-off meetings for technical players and end-users of payments schemes.
Companies must wake up to risk of third party non-compliance
by Kylene Casanova
Auditing third parties for compliance is the number one anti-bribery and corruption challenge for corporates, according to the Global Anti-Bribery and Corruption Survey 2015, by KPMG.
PSD2: why reform was needed but weaknesses remain
by Kylene Casanova
With approval of the revised Payments Services Directive imminent, will PSD2 provide the legal framework needed for Europe's fast-changing and growing payments environment?
Four priorities for improving payments in the UK
by Kylene Casanova
Payments UK has published its initial report on its World Class Payments project, setting out its vision of the enhancements that would ensure corporates have access to world class payment services.
Why integrating mobile payments is a must for corporates
by Kylene Casanova
As the number of mobile banking users is set to double in the next four years, financial professionals should consider these 10 points to improve the efficiency and integration of corporate payments.
Late payments could put a quarter of UK SMEs at risk of insolvency
by Kylene Casanova
Half of all invoices are overdue, Tungsten Corporation study shows AND that the newly appointed Small Business Commissioner has much work to do
Pan-European smart collection via Sentenial’s Nuapay opens up new efficiencies
by Kylene Casanova
Multi-country direct debiting made easy with fully mandate management and fully automated reconciliation across multiple ledgers