The TALL Group of Companies and Experian Payments have launched a mid-corporate Bacstel-IP application. The solution integrates the TALL Group’s e-remittance module with Experian Payments’ UK Gateway software, incorporating the product within the Integrated Payments Solution now available from the TALL Group.
The Checkprint Bacstel-IP Solution, powered by Experian’s UK Gateway software, provides full-featured Bacs (three day payments) access and comprehensive Direct Debit collections (AUDDIS-compliant enabling paperless Direct Debit). The solution is designed to enable users to automatically configure remittance advices, related to Bacs payments, which can be emailed, faxed or printed and mailed. The software will provide processing capability for UK Bacs payments, including validation, authorisation, digital signing, submission and report handling.
Customers using cheque, CHAPS and Bacs payments, including Direct Credits and Direct Debits (for collections), will be able to access all these payment mechanisms from within the Integrated Payments Solution. This provides a core File Manager to convert and route payments and collections instructions to the appropriate payment service. The transition of cheque usage to electronic payments provides the TALL Group with a structured migration path for its 15,000 customers.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.