Payments and Collections

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...

Blog - Feb 2015
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...

Blog - Jan 2015
Bacs strengthens Paperless Direct Debit verification requirements

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...

Blog - Jan 2015
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...

Blog - Jan 2015
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...

Blog - Dec 2014
What is SEPA 2.0? Three things it might (or might…

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...

Blog - Dec 2014
Personal insolvencies fall to pre-recession levels but who is still…

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...

Blog - Dec 2014
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...

Blog - Nov 2014
It’s not just account number checking – 3 extra benefits…

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...

Blog - Nov 2014
3 things to be learned from the UK as Faster…

In the UK the Faster Payments system has been up and running for 6 years. We’ve become used to sending and receiving money, if not quite in real-time then much faster than previously; in an...

Blog - Nov 2014
Back office legacy challenges facing new banking entrants

Setting up a bank in the UK is costly, time-consuming, heavily regulated and not easy.  As a result, the dynamic, start-up culture that drives innovation in many other sectors is less prevalent...

Blog - Nov 2014
3 occasions when validating bank account data isn’t enough

When I joined Experian almost four years ago I remembered struggling to understand the difference between bank account data validation and verification  – weren’t they both checking that...

Blog - Nov 2014