Monese, the London-based fintech startup that offers a mobile banking app and current account, continues to fill in missing features that might otherwise stop it from replacing your bank altogether.

According to the Bank for International Settlements (BIS,) a direct debit is a preauthorized debit on a payer’s bank account initiated by the payee. It is also known as a pre-authorized debit (PAD) or ...

It is commonly accepted that criminals react very quickly to newly-introduced security measures. Perhaps it is not surprising that as new fraud prevention technologies such as Chip and PIN and ...

As banks battle to attract new customers, Santander has launched a switch offer that experts say outstrips competitors like ...

Returned Direct Debits can be frustrating and costly to small businesses. Find out why they happen, and how to prevent them from impacting your bottom line. Collecting customer payments via Direct ...

Fintech startup Revolut is slowly making traditional bank accounts irrelevant. The company is adding direct debits in EUR to make it easier to pay for utilities and subscription services. While ...

At least 30% of British Gas, Octopus Energy and Shell Energy customers who were in credit and on price-capped tariffs told the UK's biggest consumer website, MoneySavingExpert.com (MSE), that they've ...

Businesses risk losing money and customers due to mistakes made when they are setting up direct debit and credit payments. About six billion automated payments worth £4.3tn are made in the UK per year ...