Payments and Collections

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Three things to consider as we go cashless...

It is predicted1 that we’ll be reaching a UK payments milestone on or about March 8th this year when our use of cash will be overtaken by cashless payment m...

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We really won’t wait!...

A recent survey by Interparcel.com1 was reported in the Telegraph on 27th Jan (click here), this showed just how impatient the UK public are – we’re really not willing to wait for any...

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Bacs strengthens Paperless Direct Debit verification r...

In December 2014 Bacs issued the latest version of rules for the UK Direct Debit scheme. This update has re-iterated the requirements for originators to verify both the identity and bank account data of payers when using paperless Direct Debits. In terms of the depth and breadth of verification...

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SEPA 2015 – 3 predictions for corporates...

This time last year adoption rates for SEPA, particularly for direct debits were still woefully low and an extension to the end dates was about to be announced. A year on and the end dates are firmly behind us and despite the late scramble, adoption seems to have been...

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Rental data: Expanding financial access and inclusion...

Despite new technologies and widespread innovation in financial services, there are still a lot of people who are ‘underserved’. Lenders and society alike could be missing out on a huge opportunity if this population continues to be ove...

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What is SEPA 2.0? Three things it might (or might not)...

I’m not entirely sure we all agreed on what SEPA 1.0 was, but now talk has turned to SEPA 2.0. From the recent e-mails I’ve received and articles I’ve read there are several different angles as to what constitutes SEPA 2.0....

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Personal insolvencies fall to pre-recession levels but...

New figures published by Experian, illustrating where and for whom UK personal insolvencies are most prevalent, reveal the number of people being declared insolvent has fallen to pre-recession levels, with some towns showing markedly improved rates compared to the same period last year. Despite these findings, the figures also...

Read More Personal insolvencies fall to pre-recession levels but who is still vulnerable?
5 key take-aways from the 2014 Credit Risk Summit...

At the 2014 Credit Risk Summit, leading thinkers tackled the challenge of staying relevant to customers in the digital era. View our key take-aways...

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It’s not just account number checking – 3 extra benefi...

Bank account validation is not is not just account number checking. This week our experts take a look into 3 extra benefits our customers are getting from bank account...

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