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Top News In Payment Practices Today - Breaking & Trending Today

82% of Small Insurance Firms Forgo Instant Payments - Vimarsana News

82% of Small Insurance Firms Forgo Instant Payments

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…

Source: biztoc.com
Contractors to be forced to publish retentions data - Vimarsana News

Contractors to be forced to publish retentions data

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

Late Payments: Government To Help SMEs I Startups.co.uk - Vimarsana News

Late Payments: Government To Help SMEs I Startups.co.uk

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

UK government plans to extend payment reporting - Vimarsana News

UK government plans to extend payment reporting

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.

Source: icaew.com
40% of Manufacturers Say Real-Time Payments Among Most Important Innovations - Vimarsana News

40% of Manufacturers Say Real-Time Payments Among Most Important Innovations

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

Source: biztoc.com