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Archives | Year: 2015

Top 5 Common Cash Flow Mistakes Startups Can Avoid

You can have the greatest idea and the best business model ever seen, with so many investors that you simply don’t know what to do with them but if your cash flow is not managed effectively, all of this will be for nought. A study from U.S Bank, a financial...

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World Payments Report 2015 Shows Huge Increase In Digital Payments

Is it time we said goodbye to cash? A new report by the Royal Bank of Scotland (RBS) and Capgemini has revealed that non-cash payments are growing at a faster rate than the world’s GDP. The World Payments Report 2015 details how digital payments increased by approximately 9% in 2014....

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Facial Recognition Tech Coming To Payment Terminals

With all the latest developments in payment processing technology that have been made over the past year, you’d be forgiven for thinking that it would stagnate for a while. However, this is not to be for exciting development news has recently come from payment processing company, Worldpay. The company have...

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New Report Shows Mobile Payment Adoption Down To Bank Innovation

A new report, conducted by Illuminas and unveiled by VocaLink, a payment infrastructure provider has suggested the growth of mobile payments in the UK can be driven by the banking sector. Illuninas conducted an independent study on behalf of VocaLink, analysing the habits of 5,000 of VocaLink’s UK consumers. The study...

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Card transactions rise by 12 million

According to the latest figures from The UK Cards Association, total card spending rose to £51.1 billion in May with the number of transactions reaching 1.093 billion. The increased use of contactless cards has seen the average value of a card transaction drop to £46.92, down by over £1 compared...

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Why Investing In Data Can Help Future-proof Successful Retailers

The last year has seen a huge number of businesses assign increasing levels of importance to data. Indeed access to, and insight gleaned from, has been proven to give companies a competitive advantage in the marketplace so it is little wonder that this trend is growing. The retail industry in...

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How To Use Connected Data To Improve Your Customers’ Experience

The past year has seen many buzzwords come to light, not least the term ‘big data’. This term, alongside ‘smart data’ and ‘small data’ are each becoming increasingly important in their own right, however, with so much data it can be easy to become overloaded. What many tend to forget...

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Card spend stays at £50bn

For the second month in a row card spending hit and passed the £50bn mark. Figures from The UK Card Association show that spending grew by 0.9% in April to hit £50.7 billion. There was a total of 1.08 billion purchases in April, over three quarters of which were on debit...

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10 Retail Payment Trends To Keep Your Eyes On In 2015

Payment technology has come on leaps and bounds over recent years and is continuing to get more impressive as more and more tech giants come on board. But what’s going to stand out in 2015 and what trends should retailers be keeping an eye on? 1. Contactless payments So, most...

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TRANSAXpay from FIS Helps Merchants with UK Launch of Apple Pay

FIS™ (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, today announced its readiness to support merchants in accepting Apple Pay. FIS currently secures and processes all card payments – including debit, credit and contactless – for Costa. It also supports Apple...

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“I like the reliability of knowing we’ve got a decent card machine and our customers aren’t going to have any problems with the payment going through” (November 2015)

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