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Israel-based Payfac-as-a-Service provider UNIPaaS has announced the roll out of its intelligent payment assistant solution AI Assist.
artificial intelligence, payment methods, SMEs, B2B payments, product launch
Ramzi Dziri, Open Banking Product Manager at LUXHUB, tells us more about the advent of a new type of digital account-to-account payments, requiring no intermediaries and presenting a lower risk of payment failure
LUXHUB, Open Banking, account-to-account payment, instant payments, e-invoicing
SMBs, payments , The Small Business Commissioner, Small Business Minister, UK, supply chain
Imran Gulamhuseinwala, OBIE: In order to make Open Banking a success, we need to look beyond PSD2, which, despite being an amazing piece of legislation, it did not have a background of understanding of Open Banking potential when it was created
Imran Gulamhuseinwala, Open Banking Implementation Entity, OBIE, Open Banking, fintech, innovation, UK, PSD2, standardisation, CMA, consent, GDPR, security, authentication
Anders la Cour, Banking Circle CEO, looks at the impact of late payments and the potential solutions for struggling SMEs
Anders la Cour, Banking Circle, banking, fintech, late payments, SME, Intuit, Prompt Payment Code, Small Business Commissioner, UK, Europe
The Australian Government has confirmed its decision to establish an Australian Open Banking regime, following the report into Open Banking released in February 2018.
Australian Government, Australia, Open Banking, data-sharing regime, financial services industry
UK officials continue their fight against late B2B payments, calling on the government to fine companies that pay their suppliers late.
The UK, B2B payments, late payments, supply chain finance
The UK has launched a website through which SMBs can file complaints about late-paying customers.
B2B payments, SMBs, late payments, einvoincing, UK
According to MarketInvoice, 62% of invoices issued by SMEs this year, worth a little over GBP 21 billion, weren’t settled on time.
MarketInvoice, invoice, UK, late payment, research, SMEs
The UK’s small and medium business community is becoming the victim of a late payments culture that restricts cash flow and inhibits growth, according to a recent research by accounting software company Sage.
Sage, UK, small businesses, GBP, late payments, cash flow, accounting software, outstanding invoices, unpaid invoices