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The UK’s Financial Conduct Authority (FCA) published a call for input regarding the development of Open Finance. Said to be an extension of Open Banking, Open Finance would open up a wider range of financial products and services to the transformative impact of third party data sharing. In this article, we get to grips with […]
PSD2 and Open Banking have transformed the way in which customer data is shared. Allowing regulated third party providers to access transaction data, Open Banking paves the way for customers and businesses alike to access new products and services and get a better deal in the process. With transparency at its core, Open Banking can […]
With the average SME said to be owed £30,000 in late payments, having a late payment letter template on file makes business sense. Also referred to as an outstanding payment letter or debt recovery letter, a later payment letter formalises your request for payment when previous email and phone reminders have been met with no […]
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