Frequently asked questions about our products.
Sending a payment may seem simple, but it’s actually a complex process complex. You need to know who and where to pay, how much, and what for. Corporate payouts can take over 20 steps, and you lose control once the payment leaves your account. There are many intermediaries, and you can’t be certain if it will reach the correct person. Payment issues are common due to formatting errors, account issues, and missing data. Obtaining and updating recipient bank information is challenging, and traditional methods like cheques are inconvenient and expensive.
In today’s competitive business environment, companies are continuously looking for ways to streamline their payment processes. Why? Because the traditional banking system doesn’t have the
In the post-pandemic UK economy, why is it that financial exclusion rates are on the rise? Here at the Digital Pound Foundation, we want to
Use of physical cash is declining. We are witnessing a growing appetite for digital alternatives, driven not only by private sector innovation, but also by
Introduction Striving to achieve a robust risk management framework without detriment to the user experience is at the forefront of Billon’s compliance mindset. In my
On 7 February 2023 the Bank of England announced a consultation with HM Treasury on a potential digital Pound, or Central Bank Digital Currency (CBDC).
With myths on digital currencies being a threat to financial freedom dominating social media, Dominika Duziak, of OneStep Financial, explains why government must address this
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