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
Regular Bill Payments from Businesses
Background
The first requirement in collecting bill payments from businesses is to provide an invoice (often legally required) that gives full and easy to understand information on what the bill is for, so that…
Read moreRegional payment systems helping to drive Africa’s economic growth
by Kylene Casanova
Expected moves to integrate regional systems could bring pan-region efficiencies
ING and Equens launch first digital direct debit mandate
by Kylene Casanova
New efficient alternative to existing mandate services
Payments future is ISO 20022, even for real-time payments
by Kylene Casanova
Corporates involvement is ESSENTIAL in the development of the initial variant of ISO 20022 usage guidelines for real-time payments to be available before the summer
UK: cash overtaken by ‘non-cash’ payments in 2014 for first time
by Kylene Casanova
Although cash is still king for consumers, forecast is that even this will drop below 50% next year. By 2024 UK Payment Council expect total cash transactions to be half of non-cash
Global Adoption of Real-Time Retail Payments Systems ramping up
by Kylene Casanova
RT-RPS are live in 18 countries, 12 countries are ‘exploring / planning / building’, and an additional block of 17 countries that are ‘exploring’ through a pan-Eurozone initiative. How can you exploit real-time?
Payment Systems in UK Feb 2015: Faster Payments +13%, cheques -12%
by Kylene Casanova
Steady decline of paper and the rapid growth in Faster Payments continues
Top Image Systems and Hanse Orga combine to provide Accounts Receivable Solutions
by Kylene Casanova
New solution which offers significant time and cost savings in remittance processing achieves rapid success world-wide
Tipalti global payment platform adds European VAT, tax number & ID document support
by Kylene Casanova
Tipalti customers can now request VAT ID numbers from their payees during setup process, and can control the payment process so that only payees that submitted VAT tax information get paid
The Fed publishes “Strategies for Improving the U.S. Payment System”
by Kylene Casanova
A revolution is coming as the Federal Reserve white paper detailing several options to transform and improvethe speed, security, efficiency, international and collaboration of the payments system in t
Late payments by large companies are a cancer, costing jobs & inhibiting recovery
by Jack Large
Borrowing from your suppliers is not the way to look after supply chain. Here is how to have a healthy and happy supply chain
UK is land of ACH payments, and Faster Payments with fewer and fewer cheques
by Kylene Casanova
For B2B payments and collections in UK stop using cheques: use ACH credits and direct debits, and Faster Payments
SWIFT announces 10% rebate for users on 2014 messaging
by Kylene Casanova
But don’t expect any immediate reduction in bank payment charges
European banks adopt transaction routing platform for future proof e-commerce
by Kylene Casanova
Equens contracted by several banks to provide e-mandate and digital-ID processing, etc platform
Time for you to comment on revolutionary ubiquitous Same Day ACH in USA
by Kylene Casanova
NACHA seeks industry feedback, by 6 February 2015, on move to ubiquitous Same Day ACH Clearing and Settlement which will transform payment landscape in USA
SWIFT now offering real-time retail domestic payments. Global revolution begins
by Kylene Casanova
New project win to build an innovative solution for domestic payments in Australia is the first major milestone for the cooperative
Same day ACH and real-time ACH are definitely coming to the USA
by Kylene Casanova
The 2012 blueprint strategic design strategy, which uses a modular approach combined with Opt-In development, will ensure that this time it happens by 2016/17
MyBank SEPA Direct Debit Core Mandates solution goes live across Eurozone
by Kylene Casanova
Consumers and corporates can now agree online and in real time that their account can be debited
Deutsche Bank integrates SWIFT’s MyStandards into their Autobahn App Market
by Kylene Casanova
How to maximise the benefits of MyStandards when onboarding new banks, countries and payment systems
Global non-cash payments forecast to grow by nearly ten percent reveals World Payments Report 2014
by Kylene Casanova
Report shows that e- and m-payments are converging and changing the payments playing field, AND that the industry is struggling to meet consumer demand
Crypto-currencies are worrying the bankers and the regulators
by Kylene Casanova
SWIFT CEO predicts that virtual currencies, such as Bitcoin, will disruptive, it’s just a matter of when
TransCentra enhances Remote Deposit Capture service in North America
by Kylene Casanova
Adding improved security, single platform for RDC and remote lockbox
MasterCard & Basware launch solution to unlock cash flow for prompt B2B payments
by Kylene Casanova
Basware are also launching a range of Financing Services including discounting and factoring services. Non-banks are increasingly financing the supply chain
SEPA 2014 and Beyond: generate new efficiencies and stay engaged in the debate say EPC
by Kylene Casanova
SEPA 2.0 is on the way: new deadline dates, new SEPA rulebooks coming in November 2014, and list of regulation in the pipeline