faster payments
RSS faster paymentsPaymaster saves £300k with mainframe move
Case Study A payable order is similar to a cheque but with added features, such as a computerised and permanent record of payments issued to a person. Tigwell said with further expansion, the IT suite could process... [08 May 2007]
Retailers fear contactless payments
News Retailers are increasingly worried that the forthcoming launch of contactless payment cards in the UK could leave them significantly out of pocket as the cost of accepting payments this way could be potentially much more... [24 Apr 2007]
Voca finds the missing Link
News Voca and Link have been working together on the Faster Payments project - a UK banking initiative to speed up internet, phone and standing order payments - with the goal of making... [06 Mar 2007]
RE:Viewing 2006: The year in financial services
News Biometric payments, robo-trading and 'green' workstations spiced up the mix, says Tim Ferguson.kicked off with a prediction from Accenture that half of IT development and maintenance operations for financial services... [19 Dec 2006]
Banks to speed up cheque clearing times
News Government research has found the number of cheques in circulation is falling by around eight per cent per year, and this rate of decline is likely to increase substantially when a new, faster payments... [14 Nov 2006]
European IT companies miss out on bank deals
News IT investment also continues to be driven by regulation around payments, with the UK Faster Payment and SEPA initiatives. The analyst house said this will involve "fundamental shifts" in the way... [10 Nov 2006]
Voca revs up payments engine
News One of those regulations, the Single Euro Payments Area (Sepa), is set to handle cheaper and faster cross-border transactions, which led Voca to the redesign. The system at the heart of the UK's... [25 Jul 2006]
Mobile working project targets benefit fraud
News Faster data collection and processing times will mean quicker payments for claimants. The Department for Work and Pensions (DWP) is spending £4.1m in a project which could save £19m by slashing fraud and... [22 Mar 2006]
Leader: Shoppers ain't James Bond
Leader Take the Co-op's trial of biometric payments. On the one side they want faster, more convenient ways for customers to pay - but on the other they need to tighten security and crack down on fraud. Banks... [14 Mar 2006]
Oxford Co-ops test fingerprint payments
News The first Oxford store to trial the biometrics system has reported that paying by fingerprint has initially proved faster than entering a PIN. Three Oxford branches of the Co-op will be asking their customers to give... [08 Mar 2006]
Banks to up tech spending on Europe's orders
News Banks will up their spending on technology as a result of the European payments directive which is soon to come into force. The Single European Payments Area (Sepa) is aimed at driving down cross-border... [20 Jan 2006]
Cheat Sheet: Contactless payments
Cheat Sheet Contactless payments (CP) - what's that, then? Visa is also making waves in this area but traditional payments companies are being challenged by mobile phone companies. Are mobile phone firms a threat to... [11 Oct 2005]
Singapore trials biometric payment system
News The Network for Electronic Transfers (NETS), which operates a nationwide infrastructure to enable payment via ATM cards, has been testing new technologies for cashless payments. Using biometrics ensures that... [08 Aug 2005]
Banks to cut transaction times
News The Association of Payments and Clearing Services (Apacs) has set a deadline of October this year to design a system to cope with demands for faster transactions. Paul Smee, CEO of Apacs, said: "The... [25 May 2005]
Credit Card Advantage: Speed and Simplify Your Credit Card Processing
White Paper Credit Card Advantage connects your credit card processing with your accounting solution for fast, efficient management of electronic payments. Faster approval times and automatic data transfer to your... [23 Feb 2005]
