Our articles

Aug 31, 2017

EBA launch public PSD2 consultation

The European Banking Authority (EBA) launched a public consultation regarding the revised Payment Services Directive (PSD2) on 2 August 2017. The consultation focuses on the EBA’s draft guidelines on reporting requirements on statistical data on fraud under the PSD2. The…

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Aug 29, 2017

What is AUDDIS and what are its advantages?

AUDDIS (Automated Direct Debit Instruction Service) is the Bacs service enabling your organisation to set up new Direct Debit Instructions (DDIs) to your payers’ banks electronically. Since 2008, all new organisations who collect Direct Debit have had to use AUDDIS, but…

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Aug 24, 2017

Water market: Over 36,000 supply point switches processed

MOSL and CC Water published the first quarter (April-June 2017) data on market activity and customer complaints. Among other information, the infographic demonstrates that 36,301 supply point switches were processed during that period since water deregulation was introduced on 1…

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