You’ll come across many acronyms when conducting business abroad such as; BIC, IBAN and SWIFT – we’ve broken down the bank codes and explain what they are.
Continue readingWhat are bank codes and why do they matter?
Have contactless payments turned us into a cashless society?
Security and convenience are two of the key drivers behind the rise of contactless payments in the UK.
And in October 2018, contactless transactions overtook chip-and-PIN payments in the UK for the first time. But, what might the future lookalike?
Continue readingSix reasons why the next decade of payments is pivotal
Digital payments have become such a huge part of our lives now, it’s hard to believe that they are still a relatively new phenomenon and there is still a huge scope for them to grow and diversify.
Here are six reasons why the next 10 years represent a key period for the payments industry.
Continue readingAre multi-currency vIBANS the banking solution you need?
There’s no denying that virtual bank accounts or virtual IBANS – vIBANS for short – are an interesting feature and are fast becoming a staple in the banking world.
Continue readingWhy payment digitalisation is important for Online Travel Agencies cross-border success in 2020
The travel industry is one that is constantly affected by tightening margins and more recently an unstable economy. Online Travel Agencies (OTAs) are scrambling to reduce costs, ease overheads and simplify their processes.
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