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Greece announces electronic payment system for 2011

As of 2011, all transactions of over 1000 will be processed electronically, in a bid to target the amount of black market funds exchanged in Greece. (more…)

Business payment times improve in 2009

UK businesses have significantly improved the time it takes them to settle their bills, according to the latest Late Payment…

#Commercial Credit#late payment#payment behaviour


Declining payment terms continue in third quarter

The payment terms of New Zealand firms declined for the third consecutive quarter in Q3 of last year, providing further…


Government payment pledge failing, claims Graydon MD

The Managing Director of Graydon UK credit management services has slammed the government payment pledge delivered last year as a…

#Atradius#guarantee#invoice


A European payment complex

The Single Euro Payment Area (SEPA) looks set to change the payment landscape of Europe. With almost all of the…


Payment times improve for Hong Kong businesses

A survey of payment experiences among Hong Kong businesses during the third quarter of 2009 has revealed that the number…


SEPA payment processing begins in Europe

The Payments Services Directive (PSD) law became effective yesterday, with direct debits beginning to be processed through the Single European…

#bank#banks


Late payment excuses cause headaches for SMEs

Customers continue to cause headaches for many SMEs in the UK by offering elaborate and far-fetched excuses for the non-payment…

#bank#invoice#management


Late payment ripple effect impacts over half UK businesses

Late payments to businesses are causing a 'ripple effect' impacting on more than half UK businesses (more…)


Coface lowers European ratings as payment days extend

Coface Consultancy has once again lowered its country ranking following Q1 results. (more…)

#insolvency#poland#risk


North East hard hit by late payment

SMEs in the North East of England already struggling to cope with the effects of the economic downturn, are owed more…


EU companies demand longer payment terms

EU companies are demanding that Bulgarian companies extend payment deadline, a situation which looks set to increase corporate debt in…

#international#payment terms#risk

Trends in late payment

Edward Rimmer, Chief Executive of Bibby Financial Services in the UK and Ireland, talks to Factorscan about trends in late…

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