Tagged: mike elliff

February 4, 2024 @ 6:00 pm By Omar Faridi  |  

Two in three (66%) larger UK businesses say they are very familiar with open banking and users report an average annual saving of 150 hours usually spent “on operational tasks such as processing invoices and financial data, recurring payments and processing refunds, new research reveals.”… Read More

June 16, 2022 @ 9:01 pm By Omar Faridi  |  

NatWest recently revealed that it’s introducing a QR code-based version of its online payment service PayIt in order to help companies accept faster payments of invoices. Available within the NatWest Business Banking App and using PayIt as the tech backbone, the feature, called PayMe, allows… Read More

July 14, 2020 @ 8:12 am By JD Alois  |  

The future of payments is in contactless payments and the transition away from physical cash has been boosted by the ongoing COVID-19 health crisis. The Royal Bank of Scotland (RBS) is reporting its contactless payment service Tyl is generating solid uptake in Scotland during the… Read More

May 25, 2020 @ 8:16 am By Omar Faridi  |  

Consumers across the globe continue to increasingly use digital payments options instead of physical cash, due to COVID-19. NatWest claims that it has witnessed a significant increase in UK businesses that are now ready to accept payment cards. The lender notes that 70% of local… Read More