heck use by businesses to pay other businesses is on the decline in the UK given the recent, and somewhat surprising, use of Direct Debit for B2B payments. It’s seen as a safe and cost effective way to make a payment and improve cash flow.Learn...
Many mobile users believe that receiving personal messages does influence their decision on purchases, according to the survey.
A banking and finance survey from the Forum of Private Business (FPB) found that 23% of members saw late payments increase over the past 12 months, compared to just 3% who indicated that matters were improving. Get the Full Story Complete the form to unlock...
The Royal Bank of Scotland Group reportedly has invested £600,000 (US$1 million) to support five mini vans that it will use to bring mobile-banking via iPads to rural communities in the United Kingdom. Get the Full Story Complete the form to unlock this article and...
Customers will be able to send money instantly to friends, family and service providers who bank at participating financial institutions.
Former CEO of SWIFT, Lázaro Campos, has joined Payoneer, an online payments company that focuses on the way technology companies and SMEs send and receive cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
According to the bank, the new app has the potential to reach almost 9 million consumers in Uganda.
In the Philippines in July, the Government Service Insurance System (GSIS) will introduce an Electronic Billing and Collection System (eBCS). The web-based application will enable GSIS to send its billing statements for premium and loan amortization to government agencies electronically, and accept payments online. Get...
Funds-transfer company MoneyGram on April 28 announced a deal in which U.S. consumers in May may begin sending transfers using PicomoPay’s Facebook application to more than 336,000 MoneyGram agent locations in 200 countries. Get the Full Story Complete the form to unlock this article and...
