How can Request to Pay fix poverty premiums? An Expert Panel Discussion Featuring Answer Pay As defined by Fair By Design, “poverty premiums” are the extra costs people on low incomes and in poverty, pay for essential products and services. In this...
Which? The consumer champion has claimed that banks are failing to protect their customers and are “leaving customers wide open to spoofing fraud”. Their investigation found that high street banks representing over 60% of the UK consumer banking market had not taken...
Let me start by saying how much we welcome the Payment Systems Regulator’s (PSR) invitation for responses on their proposals to tackle Authorised Push Payment (APP) Fraud. Answer Pay has been fighting for more action against fraud and to that end released our own...
As the cost of living crisis increasingly bites many businesses are struggling to collect payments from their customers. Subscription numbers are declining and consumers are cancelling direct debits in favour of alternative payment methods that give them more...
Instagram launches payment service In case you missed it, Meta CEO Mark Zuckerberg recently announced a new “payments in chat” feature for Instagram. According to Techcrunch this means: “..users can purchase products from small businesses and track orders via direct...
How bill payments have transformed since the pandemic 17 June 2022 } 5 min read Ian Tomlin COVID-19 became a watershed moment in the bill payments industry, more by happenstance than design. In this article, we consider how the knock-on effects of a global pandemic on...
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