Page 2 - Payment Practices News Today

Late payment and retentions are set to remain headaches for the construction sector thanks to the government’s half-hearted efforts to drive change To its

The government has released details of the likely information that large contractors will have to publish about their retentions. Business secretary Kemi

Real-time B2B payments are transforming industries like the manufacturing sector, research by PYMNTS and The Clearing House finds.

The UK government’s plan to curb the late payment culture is a boon to small- and medium-sized luxury brands, writes Bird & Bird’s Victoria Hobbs

Information on measures introduced by the government to tackle late and unfair payment practices in both public and private sectors.

The insurance industry is witnessing a surge in the adoption of real-time payments, with nearly 40% of all firms surveyed in a PYMNTS study planning to…

Construction firms will be forced to report on retention payments as part of government reforms to drive down payment waiting times. Following a

With small and medium-sized businesses increasingly impacted by unpaid invoices, the Prompt Payment and Cash Flow Review aims to provide much needed support.

The UK government has responded to representations on tackling late payments by extending payment reporting regulations and giving more powers to the Small Business Commissioner.

About two-thirds of manufacturers said real-time payments are an important innovation within their company. Among these manufacturers, 40% said real-time…