The UK Payments Council is two years old this month and has just had its end of term report from the Office of Fair Trading. While the Payments Council received many plaudits for what it had achieved so far, there were a couple of recommendations made in respect of the Faster Payments Scheme.
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Albany Software's first ever Intelligent Payments Review seminars took place last week at the Microsoft Campus in Reading and the REP Conference Centre in Birmingham. Both seminars were well received by all delegates in attendance.
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SMEs (small and medium size enterprises) are now owed a staggering £25.9bn in late payments, a statistic which has increased by 40% over the last year.
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On Monday 2nd March, The Faster Payments Service set a new record as it processed its highest volume in a single day.
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