Last week, when guest speaking on a webinar, I was posed with the question, “Direct Debit has been around for a while, but we’re seeing new uptake and new popularity. So, why is it making a comeback ...

Criminals are using artificial intelligence to clone people’s voices and set up unauthorised direct debits over the phone, National Trading Standards (NTS) has warned. Fraudsters begin the process by ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The direct debit feature is immediately available for UK-based merchants ...

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 ...

Consumer confidence has taken a knock, according to new research. Cancelling unwanted direct debits could add thousands to Brits’ pension pots, as more people look to rein in unnecessary spending to ...

Credit has been recognised as a major driver of successful economies. Access to credit stimulates business growth while increasing the purchasing ability of citizens, both of which, ultimately, lead ...

Fintech Unicorn and stealth bank Transferwise announced on Tuesday it is now introducing GBP and EUR direct debits. Through the new feature, users may now set up Direct Debits to pay bills and ...