Monese, the London-based fintech startup that offers a mobile banking app and current account, continues to fill in missing features that might otherwise stop it from replacing your bank altogether.

I went to see the new Star Wars film recently. At the time, I had Open Banking on my mind. I was thinking about its effects on Direct Debit, as the two could easily seem to conflict in a galactic, ...

Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process. Visa, which alongside Mastercard is one of the world's largest card ...

Households in the UK are being hit by a triple whammy of high inflation, rising interest rates and soaring energy costs. As a result, banks are seeing thousands of customers stopping direct debits for ...

The dominant use of direct debit to make payments could diminish when UK consumers are offered more control of recurring payments from July through open banking-based variable recurring payments (VRPs ...

The UK’s nine biggest banks — including Barclays, HSBC, NatWest, Halifax and Santander — are required by law to offer basic ...

Tax and financial experts have raised concerns over the Lagos Internal Revenue Service’s (LIRS) move to recover unpaid taxes ...

I'm often contacted to discuss potential projects where many companies wish to opt to for a paperless Direct Debit process over the internet. It seems an obvious enhancement to the processes of many ...

Sainsbury's Bank credit card-holders have been hit with late payment fees after the bank changed its direct debit procedure and gave customers incorrect information about how the new system worked, ...

Digital bank Revolut is now offering direct debits for UK accounts. Customers with UK accounts may now set up GBP direct debits to pay for items such as club memberships or utility fees. Revolut adds ...