Payments and Collections

Are you aware of the impact of RTI on your payroll when it becomes a mandatory requirement this year?

Posted on Jan 17 2013 by

RTI will be a mandatory requirement from HMRC in 2013. All organisations using Bacs for payroll are obliged to ensure their payment systems can handle the extra demands.

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Graphic – Tackling the Public Sector’s £20 billion fraud, error and loss iceberg

Posted on Jan 15 2013 by

Analysis, trends and best practice for public sector bodies.

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Improved mortality checks via Experian have helped save Guardian Financial Services from significant annuity overpayments

Posted on Jan 10 2013 by

Experian has announced a deal to provide Experian address and mortality screening services to Guardian Financial Services, the life assurance group which manages over 300,000 life insurance and pension policies.

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Cementing global customer insight

Posted on Jan 08 2013 by

Selling across borders has become crucial and is now virtually mandatory for most retailers looking to increase revenues and international income streams. We outline our latest areas of coverage.

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Santa is a fraud

Posted on Dec 18 2012 by

Santa is a fraud. Just look at the warning signs, says device recognition specialist and Experian international partner iovation. It identifies one billion mobile devices globally and currently conducts 2.5 billion device reputation checks a year. It enables clients to assess the likelihood of transactions being fraudulent based on the device from which an application is made. Its sophisticated real-time risk assessment analytics stops some 150,000 potential online fraud attempts each day.

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Post-Christmas sales set to highlight retailers’ unholy trinity – Tolerance versus convenience versus security

Posted on Dec 17 2012 by

Given the ongoing economic squeeze on many households, tolerance, convenience and security are now the three critical issues and of acute importance for retailers and ecommerce sites.

The dilemma faced is epitomised by three separate findings made by Experian. On the one hand online shoppers will tolerate up to four minutes of checks before abandoning their transaction. But despite ecommerce’s relative convenience, it is estimated that more than £1 billion worth of online transactions were abandoned as customers got frustrated at delays.

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UK Labour Market Statistics – December release

Posted on Dec 12 2012 by

The recent momentum in labour market trends is rapidly easing in line with our expectations. While today’s labour market release still shows a rise in employment in the three months to October, the magnitude of this increase (of 40,000) is disappointing compared to earlier rises of 100,000 and 212,000 seen in the three months to September and August, respectively.

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Wealthiest owe millions in unpaid council tax

Posted on Dec 12 2012 by

New research from Experian reveals that some of the most affluent sections of society owe millions of pounds in unpaid council tax.

Experian has analysed £170 million of outstanding council tax debt owed to a broad range of rural and urban local authorities across England. The analysis revealed that 17 per cent (£28 million) is owed by people from the most affluent sections of society. When applied to all outstanding council tax in England last year, (£600m), the research suggests that almost £100m is owed by the most affluent sections of society.

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The Chancellor’s Autumn Statement 2012

Posted on Dec 06 2012 by

The Chancellor again faced a challenging background in presenting his Autumn Statement today as a stagnant economy over the past year shifted his deficit reduction strategy further off course. Missed targets meant that, as in last year’s Statement, the austerity programme has been extended to allow room for manoeuvre in boosting the flagging economy.

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10 steps to increasing your collections strategy

Posted on Dec 05 2012 by

With your customer’s budgets under increasing strain and household debt levels running at over £2 billion* it is essential for you to optimise your collections activity.

The latest white paper from Experian examines the need for flexible and agile collections solutions that manoeuvre you through the changing economic landscape and help you engage more successfully with customers.

Our new white paper offers a simple ten-step guide to improving your collections strategies including:

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