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.
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 morePayment 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
SEPA set to embrace instant and P2P mobile payments in euro
by Kylene Casanova
European Payments Council highlights trends it expects to shape the future of payments in the Single Euro Payments Area (SEPA) and beyond.
Is now the time to move on instant payments for corporates?
by Kylene Casanova
The EPC's July newsletter addresses topics including instant payments for corporates, PSD2, the EU Single Digital Market, e-authorisation and updates on Europe's evolving payments market.
Do you have the ‘right’, the most effective payment terms?
by Kylene Casanova
Informita Checklist shows the systems needed and how to set right terms and even shorten payment terms without losing business
CHAPS to extend operating hours from summer 2016
by Kylene Casanova
The UK's same-day, high-value payment system has announced it will extend operating hours to 18:00 from summer 2016, with an exact date to be announced later this year.
How SMEs can get their bills paid on time
by Kylene Casanova
Informita’s Brian Shanahan lists the key questions to ask whenever you have a new client
Late payment is costing UK’s SMEs £11bn a year
by Kylene Casanova
Small and medium-sized enterprises in the UK are spending up to £11 billion a year on chasing late payments from suppliers.
ERPB makes progress on e-invoicing for EU business
by Kylene Casanova
The Euro Retail Payments Board (ERPB) has endorsed the goal of establishing a harmonised electronic invoice/bill presentment & payment (EIPP/EBPP) service for payers and payees.
Is e-invoicing / e-billing entering a new era?
by Kylene Casanova
Still low global penetration with only 8% being paperless AND cross-border e-invoicing is even lower at 1-5% of all e-invoices. Yet 60-80% savings from e-invoicing projects
One step closer to pan-European instant payments for corporates
by Kylene Casanova
EBA Clearing, a bank-owned provider of pan-European payment infrastructure, has published requirements for pan-European instant payments for corporates.
Payments Council replaced by Payments UK
by Kylene Casanova
A new trade association representing the British payments industry, Payments UK, is being launched today.
Clearing house alliance to provide central Sepa payments
by Kylene Casanova
Six European ACHs have formed the European Clearing Cooperative to provide centralised payments processing services in the Eurozone.
B2B directory could breathe life into US e-payments
by Kylene Casanova
How will the Remittance Coalition's project to create an industry business directory make it easier for companies to make electronic payments?