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Much has been said about the benefits of electronic invoicing. The cost and resource benefits for companies is well known, the contribution to reducing the VAT Gap is coming to light (just look at the...
If your house is damaged in a storm, you don’t have time to wait around to settle your insurance claim or wait for a payment–you need help now. Previously, insurance companies would send paper cheques...
There is a lot of change going on in the cash management industry. Payment modernization, increased regulation and market and consumer 24/7 expectations are seen as four catalysts causing a distinct s...
As real-time payment rails expand geographically, there’s an underlying infrastructure that allows payments to be paid to anyone at anytime, anywhere. These payments can be account-to-account (e.g., V...
Cheque creation and issuance can delay the movement of capital, costing businesses time, money, and efficiencies. Cheques can hurt your business cash-flow, as it’s never clear when a cheque that you s...
Let’s take the following two statements: Indians are obsessed over security Indians make payments without entering any password. Each of these statements is a fact. But, taken together, they appear ...
There is something happening in the eCommerce world that is baffling. Since the illogical actions and inconsistent mindsets are hard to explain, I’ll use an example from history to illustrate a mode
It goes without saying (but I’ll say it anyway) that the payment process – as the make-or-break moment of any customer journey – must be as smooth as possible. So why are so many e-Commerce sites stil...
In 2004, 81 percent businesses used cheques for B2B payments. By 2007, that number fell to 74 percent. In 2016, this number was below 50 percent. Why have businesses stopped using cheques? The reason ...
Dictum meum pactum “My word is my bond” was the motto for trading in London Stock Exchange since 18:th century. If you made a verbal agreement, you backed it up with your money. Something similar is...
The Byzantine Empire is deemed to have emerged in 476 A.D., its being based on the residual Eastern Roman Empire at the point at which the Western one collapsed. The Byzantine Empire survived for near...
My mum made me tidy the house regularly. (And I mean tidy.) One of my early initiations was my briefing on how to wash up. I was instructed - very carefully and precisely - on which pot, plate or pan ...