The astonishing growth in Faster Payments (the online payment service for phone, the Internet and other payments) usage in 2012 - 54% by volume and 163 % by value - shows consumers and businesses just love the servi
The problem with Business-to-Business (B2B) payments is that to achieve full automation and STP there needs to be general ledger (GL) to GL integration plus much more information about the order, invoice and receipt
The UK's Faster Payments Service was introduced in 2008 with a focus on personal payments and standing orders. The ACH based system, which clears and settles within a couple of hours (and normally much less), proces
Dr Thaer Sabri, Chief Executive Electronic Money Association, in his presentation at the recent Eurofinance Conference in Monaco used Square and PayPal as examples of additional functionality being added to payment
Bottomline Technologies announced at the AFP Conference that its business-to-business settlement network, Paymode-X, has surpassed 200,000 members actively submitting and approving invoices AND using the simple elec
Barclays Pingit smart phone application for consumers to transfer cash between bank accounts simply by using phone numbers, see Figure, is now available to corporate clients to make and receive payments.