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Swift has announced a proof-of-concept trial to link distributed ledger-based trade networks to its payments network. The industry reaction concentrates, not on the functionality or advantages, but t...
Pay.uk have issued their February 2019 NPA Programme Industry Newsletter, entitled “Enabling a vibrant UK economy”, NPA standing for New Payments Architecture. The title should have had “…in the 2030s...
Despite payment vendors continuing to develop strategies for omnichannel, it is still a moving target. But it is essential to get it right. The best vendors offer solutions that allow for a single clo...
With an annual decline in cheque use of 7 percent across the nation, Payments Canada predicts that, by 2020, virtually every business and government office in Canada will have switched from cheques to...
Once again cheques in the UK are facing their demise, this time as a consequence of their being excluded from the New Payments Architecture project, or "NPA". This time it will be a slow and...
Consumers do not only compare how easy it is to make payments when buying goods with traditional providers, but also with other such as Amazon, PayPal and Google. As a result, they have expect payment...
If a cheque is stolen or lost, it can’t be easily replaced because it lacks the security features common on credit, debit, and prepaid cards. Cheques are highly susceptible to fraud and theft and cheq...
Despite new technologies and processes aiming to help root out fraudulent activity, fraud continues to be a major issue for the asset-based finance (ABF) industry. Only last year UK-based invoice fina...
The rapid development and rising volume of e-commerce transactions in recent years has encouraged the outbreak of cybercriminals – who are finding more and more complex ways to conceal profits that ar...
Project Carlton has been conceived as a stock take of the efforts to reform the UK payments business since 2014 and to evaluate the case for a change in direction. The reform efforts have been spearhe...
Governments such as the UK have come under renewed pressure to limit or suspend visa systems which have the effect of offering visas, residency or passports to the rich-and-famous, if they “invest” in...
Visa’s planned acquisition of Earthport is the latest in a recent series of consolidations in the global payment systems sector, following in the wake of MasterCard’s purchase of UK operator VocaLink ...