Bacs news and trends

New Payment Rails Take On Real-Time B2B Friction
B2B Payments // February 11, 2020

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments, with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction...

AccessPay Connects Businesses To Banks With Gresham Technologies
B2B Payments // September 26, 2019

U.K. data software company Gresham Technologies has announced a collaboration with AccessPay to enable enterprise-to-bank data connectivity. A press release this week Gresham Technologies will deploy the collaboration to strengthen its Clareti Multi-Bank solution by integrating AccessPay’s enterprise-to-bank integration platform. Gresham is focusing on real-time...

UK Late Pay Epidemic Looms Over Xmas Season
B2B Payments // December 17, 2018

The U.K. seems to be the epicenter of the late payments epidemic, and new stats bear out the cost to the tune of billions of pounds. As firms close their doors for a break over the Christmas holiday season, the ripple effects of payment terms that...

UK Continues Payments Industry Consolidation
B2B Payments // July 03, 2018

The U.K. continues to consolidate its payments industry, with its New Payment System Operator (NPSO) announcing the latest step in the initiative. A press release on Monday (July 2) said the NPSO acquired the U.K. Payments Administration and has taken control of the nation’s check...