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…
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MasterCard new strategy: aiming to be an active participant in ALL types of electronic payments and payment flow to enhance its services for the benefit of customers and partners
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‘Ecommerce Payment Methods Report 2016’ from The Paypers gives details of payment systems, theory and how to integrate
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Bank of Canada’s analysis shows most countries will have many more options, most will have real-time or near real-time systems: How are you going to use these to improve your payments and collections?
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EBAday 2016 has kicked off this morning in Milan, bringing together payments professionals from across the EU.
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The market for electronic billing and invoicing is set to grow annually by 10-20 per cent, with 2016 volumes reaching around 30 billion invoices globally, according to a recent e-invoicing report.
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Now possible to bundle a large number of invoices/credit notes into one SCT payment and for easy reconciliation on receipt. Eight STEP2 banks offer the new enhanced extended remittance information service
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Change your business model by enabling your SME customers to collect money, make payments, and reconcile them through an automated single interface and account
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Optimise our payments and collections by first accepting that a payment or collection is only part of a business transaction, and .....
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Roche shows how to operate full ‘on-behalf-of’ payment & collection factory, the ultimate solution
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SME Sage Pay service extended with new payee payment facilities to help companies “transform the way we manage our money”
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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.
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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.
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Multi-country direct debiting made easy with fully mandate management and fully automated reconciliation across multiple ledgers
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Expected moves to integrate regional systems could bring pan-region efficiencies
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New efficient alternative to existing mandate services
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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
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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
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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?
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Steady decline of paper and the rapid growth in Faster Payments continues
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New solution which offers significant time and cost savings in remittance processing achieves rapid success world-wide
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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
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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
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
by CTMfile
For B2B payments and collections in UK stop using cheques: use ACH credits and direct debits, and Faster Payments
