15 Jun 2023
More than 600,000 British businesses now use open banking (OBIE) in either a data or payments capacity. From streamlined collections in sectors such as lending and retail to increased financial control and tailored repayment options for customers, including open banking payments as part of a customer-centric strategy is paving the way for a more i...
16 Jan 2023
The insurance industry has demonstrated both flexibility and resilience over the last few years. As digital technologies mature, more digitally forward businesses in the sector have looked to equip themselves with new capabilities to drive both operational efficiency and transformation. Deloitte’s 2023 Insurance Outlook suggests that insurers sho...
12 Sep 2022
In the world of recurring payments, subscriptions, monthly premiums and collections there are generally two schools of thought: 1) Direct Debit is a tried and tested payment method, it’s low cost and easy to set up. 2) Recurring Card Payments are expensive and if a customer has their card lost/stolen, it expires or they change their bank – t...
13 Jul 2022
After gaining momentum during the 2020 lockdown, the Buy Now, Pay Later (BNPL) market continues to expand at speed and has become a regular feature at online checkouts. 2 in 5 adults now use BNPL options when shopping online, and in Gen Z this number is 7 out of 10. The market growth predictions are staggering, with experts suggesting the sector m...