Payments

Just received a press release from the UK Payments Council that makes interesting reading.  The figures show that spending by card, cheque, cash and automated payments over the last six years has changed little, beyond the usual variance to consumers' payment habits, despite the difficult economic conditions. The latest quarterly figures reveal that: The number…

Just received a press release from the UK Payments Council that makes interesting reading.  The figures show that spending by card, cheque, cash and automated payments over the last six years has changed little, beyond the usual variance to consumers' payment habits, despite the difficult economic conditions. The latest quarterly figures reveal that: The number…

Most banks have evolved from days of branches and large offices, to banks with multiple channels of distribution and extensive technology backbones. The issue banks have with this structure is that the technology backbone is broken. This is well illustrated by a comment from one payments manager who said to me that he gets his…

After previous references to the cheque being phased out by 2018 in the UK, the Cheque Clearing & Credit Company has just released a nice explanation of the 2-4-6 rules, which is 2 days to clear and earn interest, 4 days to be available for spending and 6 days to be irrevocable for any cheque…

After previous references to the cheque being phased out by 2018 in the UK, the Cheque Clearing & Credit Company has just released a nice explanation of the 2-4-6 rules, which is 2 days to clear and earn interest, 4 days to be available for spending and 6 days to be irrevocable for any cheque…

I recently discovered that friends were killing me. Literally ripping me to shreds with a chainsaw. And it hurt. After all, I am meant to be the Zombie Priest in the Church of Goth, and no-one had beaten me before. And where did that chainsaw come from? I was mad. In fact, I was steaming….

I recently discovered that friends were killing me. Literally ripping me to shreds with a chainsaw. And it hurt. After all, I am meant to be the Zombie Priest in the Church of Goth, and no-one had beaten me before. And where did that chainsaw come from? I was mad. In fact, I was steaming….