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....". He added that the Winter Fuel Payment, a universal benefit of between £100 and £300 tax-free to help pay heating bills, may need to be means-tested in the future. ... [Read full article on BBC ]
Friday 24th of March 2017 08:39:05 PM
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Latest Finance News related to Paym

Pensions mistakes of the past must be avoided, says John Cridland image
....". He added that the Winter Fuel Payment, a universal benefit of between £100 and £300 tax-free to help pay heating bills, may need to be means-tested in the future. ...
Philip Hammond urged to pause cut in benefits for widowed parents image
Source : Guardian [Read Article] Tuesday 7th of March 2017 09:00:38 AM
.... This doesn’t reflect people’s lives today. “The new Bereavement Support Payment restores fairness to the system and focusses support during the 18-month period after a loved one dies, when they need it the most. ...
Labour says £1m earners should publish tax returns image
Source : BBC [Read Article] Thursday 2nd of March 2017 03:05:40 PM
....He said "the cruel £3. 7bn cut to Personal Independence Payment for disabled people must be halted", and he pledged that Labour would introduce a £10-an-hour Real Living Wage "to make sure work always pays fairly". ...
Payday loans complaints rise 22% despite FCA clampdown image
Source : Guardian [Read Article] Tuesday 28th of February 2017 06:01:20 AM
....Looking at all financial complaints, the ombudsman took on 149,864 new cases during the last six months of 2016, which was 11% down on the first half of the year. Payment protection insurance continues to be the most complained-about product, with just over 78,000 complaints – making up more than half of the total. ...
HMRC criticised over film industry tax avoidance probes image
Source : BBC [Read Article] Saturday 25th of February 2017 02:46:36 AM
....". Some investors in film schemes have been hit with Accelerated Payment Notices, which give taxpayers 90 days to pay the disputed amount of tax. ...
Banks’ duty to provide free ATMs and keep branches open | Letters image
Source : Guardian [Read Article] Tuesday 31st of January 2017 07:55:37 PM
.... It would be a disaster for the banks, as well as consumers, SMEs and low-income areas, if we returned to the position of the 1990s, when a confusing patchwork of agreements caused many consumers to pay excessive cash machine charges and penalised challenger banks. It is vital that as part of the current negotiations banks, ATM operators, the Payment Systems Regulator and the Bank of England focus on agreeing a deal that guarantees the long-term viability of a widespread network of free-to-use cash machines and promotes financial inclusion and competition. ...
Young and bereaved – and now facing cuts to crucial financial support image
Source : Guardian [Read Article] Sunday 29th of January 2017 07:00:17 AM
.... The drop in income these families will suffer means many parents will be forced to increase their working hours while their children are still trying to cope with their loss, bereavement charities predict. Under the current system, when a spouse or civil partner dies there is a £2,000 tax-free sum called the Bereavement Payment. ...
Mark Carney: internet-only lenders pose risk to UK financial system image
Source : Guardian [Read Article] Wednesday 25th of January 2017 06:24:20 PM
.... A recovery in Bitcoin’s value in recent months and the popularity of the blockchain electronic wallet, which mimics a bank account, has prompted some analysts to predict it will take off this year. “Payment services traditionally relied on cash, debit and credit cards, and wire transfers. ...
Link cash machines may start charging because of row about network fees image
Source : Guardian [Read Article] Wednesday 18th of January 2017 01:10:13 PM
....Lloyds Banking Group – which is the biggest user of the network as it has the largest number of current account customers – has previously raised the need for a review of the system, which could result in many cash machines being removed to cut costs. The meeting is being held at a time of increased scrutiny of the sector by regulators, including the new Payment Systems Regulator. ...
Freeze your gas bill before cold sets in by switching energy providers image
Source : Daily Express [Read Article] Sunday 15th of January 2017 12:01:00 AM
.... . “Those who are concerned about how they’ll be able to pay their bills over the winter should check if they are eligible for Government schemes such has the Warm Home Discount, Winter Fuel Payment or Cold Weather payment, which can provide much needed help over the winter. ...
How did Amazon know my new Visa card information before me? image
Source : Guardian [Read Article] Thursday 12th of January 2017 07:00:21 AM
.... It sounds ominous, but the idea is to save retailers – and customers – the hassle of recurring payments being declined when a registered card has expired. All companies that subscribe must adhere to the Payment Card Industry Security Standards to ensure the stored data is protected. ...
How to tackle your debts if you overspent this Christmas image
Source : Guardian [Read Article] Saturday 7th of January 2017 07:00:12 AM
....Some banks offer special deals to encourage you to switch – for example, HSBC is offering switchers a six-month interest and fee-free overdraft. But what about switching your current account if you are overdrawn? Payment body Bacs, which runs the Current Account Switch Service, says you can. ...
CMA voices concerns over Mastercard's Vocalink deal image
Source : Guardian [Read Article] Wednesday 4th of January 2017 02:29:56 PM
....The CMA said a number of industry participants had raised concerns with the transaction and it had investigated a number of theories of harm including loss of competition in payment infrastructure services to Bacs, FPS and Link. The government has been trying to encourage competition in the mechanisms by which money is moved around the financial system, and has set up the Payments Systems Regulator to oversee the market. ...
Private firms earn £500m from disability benefit assessments image
Source : Guardian [Read Article] Tuesday 27th of December 2016 06:00:04 AM
....A DWP spokesman said: “We introduced PIP to replace the outdated DLA system and, as we invite more people to claim PIP, claims have been steadily increasing quarter on quarter since summer 2015. Payments to our providers reflect the amount of work they do for us. ...
Airbnb UK tax history questioned as income passes through Ireland image
Source : Guardian [Read Article] Monday 19th of December 2016 07:01:13 AM
.... One of the companies handled such a large amount of rental cash that at one point it held £430m on account. Airbnb Payments UK Ltd handles the full rental payments between guests staying everywhere in the world except the USA, China and India and their hosts. ...
Farmers using food banks after government payment delay image
Source : BBC [Read Article] Monday 19th of December 2016 12:48:17 AM
....Hill farmers have had to use food banks following the government's failure to pay more than a thousand of them their EU subsidies, the BBC has learnt. The Rural Payments Agency is still reviewing the 2015 basic payment claims for 1,200 people. ...
Bank scam victims left high and dry by regulator, says Which? image
Source : Guardian [Read Article] Friday 16th of December 2016 09:38:56 AM
....Bank customers will be left vulnerable to fraudsters who trick them into transferring their money, the consumer body Which? has claimed, as it accused the payments regulator of letting banks off the hook. Which? said the Payment Systems Regulator had not done enough to make banks responsible for reimbursing the tens of thousands of customers who have suffered losses as a result of fraudulent money transfers. ...
Banks told to combat payment scams image
Source : BBC [Read Article] Friday 16th of December 2016 08:25:01 AM
....Banks must do more to tackle scams where people are tricked into transferring money to a fraudster, the regulator has said. The Payments Systems Regulator (PSR) was responding to a "super complaint" from consumer group Which?. ...
Yahoo hack: 1bn accounts compromised by biggest data breach in history image
Source : Guardian [Read Article] Wednesday 14th of December 2016 10:25:31 PM
.... Password-sharing has become so common that databases of login information are often used by hackers to test for email-and-password combinations on retailer websites like Walmart or Amazon. Payment card data and bank account information were not stored in the system believed to be affected, the company said. ...
Here are the simple ways to FIGHT the high-tech scams in Britain image
Source : Daily Express [Read Article] Tuesday 29th of November 2016 05:47:00 PM
.... . Now the payments industry is launching a strategy to help people manage their finances better and stamp out fraud The Payments Strategy Forum has proposed a new safeguard called Confirmation of Payee, which will help prevent bank customers from sending payments to the wrong people by checking the recipient’s identity before any funds leave the account. ...
New online payment safeguards 'brilliant news' image
Source : BBC [Read Article] Tuesday 29th of November 2016 09:45:28 AM
....They are due to come into force by 2020 at the latest. "Around £755m was stolen from UK bank accounts last year, and the problem looks set to worsen as criminals become more technologically savvy," said Ruth Evans, chair of the Payments Strategy Forum, which is recommending the changes. ...
Banks act to stop transfer scams and errors image
Source : Guardian [Read Article] Tuesday 29th of November 2016 09:30:45 AM
.... In one case a couple were conned into sending £25,000 to the wrong account, and their bank refused any compensation. According to the Payment Strategy Forum (PSF), which is handling the implementation for the banks and building societies, the “confirmation of payee” system should largely eliminate both problems. ...
From low-fare to no-fare: will air travel really become free? image
Source : Guardian [Read Article] Saturday 26th of November 2016 04:00:35 PM
....Priority boardingThis is wrapped in with choosing a premium seat on easyJet, but you can still pay another £5 for the privilege at Ryanair. PaymentUsing a credit rather than debit card means a 2% charge on Ryanair, 1% on easyJet. ...
Online shoppers 'face disruption' from EU payment plans image
Source : BBC [Read Article] Tuesday 22nd of November 2016 04:04:47 PM
...."We are currently in the process of assessing whether the trade-offs we made achieve the right balance and which, if any, changes we will need to make before finalising the technical standard and publishing it at the beginning of next year," it said in a statement. The changes are part of the European Commission's forthcoming Payment Services Directive 2. ...
Bank transfer scams saw one victim lose £400,000 image
Source : Daily Express [Read Article] Tuesday 22nd of November 2016 12:01:00 AM
....". On September 23, Which? used its legal powers to make a super-complaint to the Payment Systems Regulator and alert the Financial Conduct Authority. ...
Joseph Stiglitz: what the US economy needs from Donald Trump image
Source : Guardian [Read Article] Tuesday 15th of November 2016 12:00:15 PM
....Likewise, a public option for housing finance could entitle anyone who has paid taxes regularly to a 20% down-payment mortgage, commensurate with their ability to service the debt, at an interest rate slightly higher than that at which the government can borrow and service its own debt. Payments would be channeled through the income-tax system. ...
Basic income for all: a 500-year-old idea whose time has come? image
Source : Guardian [Read Article] Thursday 10th of November 2016 11:28:56 PM
.... One beauty of a family wage system is that it would take one public servant, just one, and a computer to administer. Payments would start the moment a birth is recorded on the registrar of births, deaths and marriages database and finish 16 years later. ...
Cheque processing centres to close with 600 job losses image
Source : Guardian [Read Article] Tuesday 8th of November 2016 12:05:52 PM
.... Staff were informed of the cuts on Tuesday. Last year, more than half a billion cheques were written in Britain, down 13% from the year before, but 55% of businesses still write cheques, according to Payments UK, which represents the industry. ...
Waiting months for Cheap Disability Aids to deliver our goods image
Source : Guardian [Read Article] Monday 7th of November 2016 07:01:38 AM
.... It was for a four-year-old with significant disabilities. Payment was made in May and since then we have been trying to get it to deliver these items. ...
YouTube's seven-year stand-off ends image
Source : BBC [Read Article] Tuesday 1st of November 2016 04:01:33 PM
....The disagreement had affected clips in which the artists appeared as well as those that used their songs in the background. Payments will now be made, but neither side has disclosed the terms. ...
Royal Bank of Scotland sees more losses in third quarter image
Source : BBC [Read Article] Friday 28th of October 2016 06:38:50 AM
.... But that was flattered by proceeds from the sale of US bank Citizens. Unlike Lloyds and Barclays earlier this week, RBS has made no new provision for costs arising from mis-selling of Payment Protection Insurance (PPI). ...
Millions of Indian debit cards 'compromised' in security breach image
Source : BBC [Read Article] Friday 21st of October 2016 07:39:57 AM
....Indian banks have issued nearly 700 million debit cards. The National Payments Corporation of India (NPCI), which controls all retail payments systems in India, confirmed in a statement that there was a "possible compromise at one of the payment switch provider's systems". ...
Your own boss?  image
Source : BBC [Read Article] Wednesday 19th of October 2016 05:31:39 PM
....How has the life of a self-employed worker changed over the years - and what benefits or drawbacks does it bring? Some have shared their stories. Payments to sessions singers have changed very little in real terms over the past 20 years, according to Sam Blewitt. ...
You don't have to shiver to save money on energy bills this winter image
Source : Daily Express [Read Article] Wednesday 12th of October 2016 08:46:00 AM
....This is a one-off discount of up to £140 on your electricity bill between October and April for those on low-incomes or means-tested benefits, but it is only available through certain suppliers. It comes on top of the Cold Weather Payment, which gives low-income households £25 for each seven-day period of very cold weather between November 1 and March 31. ...
You sent how much?! image
Source : BBC [Read Article] Thursday 29th of September 2016 11:04:27 PM
....But Jim Wadsworth, managing director at Accura, the data analysis arm of payments giant VocaLink, believes his company's hi-tech solution could prove the best way to combat it. Called Accura Invoice Payment Profiling, it is an anti-fraud analytics system that uses VocaLink's massive store of payments data to identify and flag fraudulent payments before the money is even transferred. ...
Which? files supercomplaint against banks over transfer fraud image
Source : Guardian [Read Article] Thursday 22nd of September 2016 11:01:24 PM
.... Which? claims that “protections have not kept up”. Using its legal powers, the organisation has submitted a supercomplaint to the Payment Systems Regulator, the watchdog for the UK’s £75tn payment systems industry, which must now respond within 90 days. ...
Protect bank transfer scam victims, demands Which? image
Source : BBC [Read Article] Thursday 22nd of September 2016 11:01:19 PM
....". Using its legal powers, Which? is making a super-complaint to the Payment Systems Regulator and alerting the Financial Conduct Authority. ...
Tax credits mum 'falsely accused of marriage to dead man' image
Source : BBC [Read Article] Monday 12th of September 2016 11:06:36 PM
....But an HM Revenue and Customs spokesperson said support was "available for those who need it", adding: "We take great care to make sure that correct tax credit payments are made to prevent customers getting into debt, which they may struggle to repay. "Payments to Concentrix are based on the quality and accuracy of their work. ...
John Lewis credit card won't cover me if travel firm fails image
Source : Guardian [Read Article] Saturday 10th of September 2016 06:00:24 AM
.... A new or used car purchase is a good example, as long as the total purchase price is less than £30,000. Payments made via PayPal do not enjoy the same protection. ...
Get receipts for contactless payments or risk overpaying, shoppers told  image
Source : Daily Express [Read Article] Thursday 8th of September 2016 04:33:00 PM
. Britons reported overpaying most frequently when tapping their cards, according to survey by service provider Paymentsense. ...
REVEALED: Which banks are getting most complaints from YOU? image
Source : Daily Express [Read Article] Tuesday 6th of September 2016 04:16:00 PM
....There were a whopping 22,241 new cases lodged against the lender, and a further 22,090 made against the Bank of Scotland, which is part of the same group. Payment protection insurance (PPI) were the subject of the bulk of complaints with Lloyds receiving 16,626 and Bank of Scotland receiving 17,358. ...
Labour attacks 'misleading' help-to-buy Isas image
Source : Guardian [Read Article] Monday 22nd of August 2016 04:01:31 PM
....Labour MP David Lammy said: “Young people and all those saving in the hope of one day owning their own home have got every right to feel betrayed and conned by the government. “Payment of a 25% bonus upon completion of the purchase of a home will only help those lucky enough to be able to already afford a deposit and will do nothing whatsoever to help those who are priced out of ever getting on the housing ladder. ...
The working renters whose homes are 'at risk' image
Source : BBC [Read Article] Friday 19th of August 2016 08:32:35 PM
....It said it was also working to produce a bigger private rented sector, including homes provided by companies. Lee Healey, the managing director of IncomeMAX, advises people experiencing a shortfall in Housing Benefit to apply for so-called Discretionary Housing Payments. ...

Liam Fox and Boris Johnson locked in feud over who controls Britain's foreign policy
 image
....He highlighted the fact that Britain's current account deficit, the gap between the amount of goods, services and payments the UK sends to the rest of the world and the amount coming in, has reached record levels. He said: "Now, more than ever, is the time we need to look to the Balance of Payments to bolster our economic performance. ...
Airlines accused of charging too much for credit card payments image
Source : BBC [Read Article] Thursday 11th of August 2016 03:14:34 PM
....FF also accuses some local authorities of charging too much for paying by credit card. James Daley, the managing director of FF, said there were hundreds of companies he believed were in breach of section four of the Consumer Rights (Payment Surcharge) Regulations, which came into force in April 2013. ...

Farmers and rural business in limbo amid Brexit cash freeze
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Source : Telegraph [Read Article] Tuesday 2nd of August 2016 07:00:00 PM
....Meanwhile farmers who were due to be told whether they qualify for cash for major new projects under the Government’s rural development schemes have been left in the dark for five weeks even though, in many cases, decisions on allocating the money have also already been made. The uncertainty follows the decision by the Rural Payments Agency (RPA), the quango which administers European grants for farmers and others, to pause new funding announcements amid uncertainty in the wake of the Brexit vote on June 23. ...

Britain sent millions to African charity controlled by 'cult' whose leader is wanted by Interpol
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....A spokeswoman for DFID said: "DFID has a zero tolerance approach to fraud and corruption – full stop. Payments to DAPP have been suspended and we encourage the BBC to share their evidence in full. ...

When is it acceptable to ask a friend to return money? Average Briton demands cash back when debt hits £4, research finds
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....16 typically. Source: Nationwide Paym. ...
Action at last on bank transfers to make them safer image
Source : Guardian [Read Article] Saturday 30th of July 2016 06:00:26 AM
....Several financial experts are calling for the account name to be made an integral part of the payment process – and it seems the authorities have finally taken this on board. Payments UK, which represents all banks and other payments providers, has proposed introducing a “confirmation of payee capability” to the payments system. ...
Mastercard swoops for Britain's ATM operator Vocalink image
Source : BBC [Read Article] Thursday 21st of July 2016 05:36:41 PM
....The new Chancellor of the Exchequer, Philip Hammond, said the Vocalink deal "shows that Britain remains an attractive destination for international investors". Earlier this year, the Payment Systems Regulator (PSR) recommended that the banks should loosen their grip on the country's payment systems because their ownership was hampering competition and innovation. ...
Handy bank? image
Source : BBC [Read Article] Monday 4th of July 2016 11:08:54 PM
....There has certainly been an upturn in the number of new app-based fintech firms attracting serious investment across the world in the last few months. Payments providers, peer-to-peer lenders, "robo advisers", trading platforms, and foreign exchange companies have all been catching investors' attention. ...
50 years on image
Source : BBC [Read Article] Sunday 26th of June 2016 11:00:42 PM
.... Now the average is around £4,000, the company says. Looking ahead, plastic cards will take over from cash to become the UK's most frequently used payment method by 2021, reckons Payment UK. ...
Finger slip could be costly as contactless and cashless payments become more popular image
.... . According to research from Payments UK, more than half of us are wrong in thinking the recipient’s name is used to route online payments. ...
Are England’s academies becoming a cash cow for business? image
Source : Guardian [Read Article] Sunday 12th of June 2016 08:00:18 AM
.... Dwan emerges out of the shadows – as do his companies. Payments to North Consulting (in which Dwan, his brother and two daughters make up four of the five directors), Blue Support Services, the Know ledge Network and North and Partners Technical are all disclosed, mostly for the first time. ...
BHS collapse could cost taxpayer £35m image
Source : Guardian [Read Article] Thursday 9th of June 2016 12:10:47 PM
....4m in VAT, £963,000 in corporation tax and £20m in “residual employee claims”. The employee claims include redundancy costs that will have to be picked up by the government’s Redundancy Payments Service. ...
Welcome to a cashless future where retailers recognise our faces image
Source : Guardian [Read Article] Monday 6th of June 2016 07:08:55 AM
.... All entrepreneurs should keep an eye on the future of payments. Tony Craddock is the director-general of the Emerging Payments Association (EPA). ...
An old Cashplus prepaid card has ruined my credit rating image
Source : Guardian [Read Article] Sunday 5th of June 2016 06:00:32 AM
....I’m writing to you as a last resort. In 2014 I ordered a Cashplus prepaid card from a firm called Advanced Payment Solutions. ...
Online fraud victims should be better protected, not blamed image
Source : Guardian [Read Article] Tuesday 31st of May 2016 04:45:53 PM
.... Needless to say, the unfortunate couple have seen none of their money back. Given the meteoric rise in contactless payments, Apple Pay, Android Pay, Samsung Pay, Paym, new online-only banks such as Atom, Fidor, Tandem, Mondo et al and almost daily launches of new banking apps, what customers need is a new grand bargain. ...
Pension plan complaints jump 25 per cent as customers baffled by deals image
Source : Daily Express [Read Article] Thursday 26th of May 2016 03:09:00 PM
....Issues with specialist insurance, including pet and home emergency cover, jumped by a third. But Payment Protection Insurance prompted the most complaints, with the ombudsman still receiving 4,000 new cases a week relating to the products that were widely mis-sold before the financial crisis hit. ...
Top Liberian politician arrested in corruption scandal image
Source : Guardian [Read Article] Wednesday 25th of May 2016 04:36:49 PM
....The leaked files, which have been seen by the Guardian, include a confidential email sent in August 2010 by Sherman in his role as Sable’s lawyer. The message entitled “CONFIDENTIAL – Sable Mining’s Account with Sherman”, lists a series of transactions, including: payments as high as $50,000 (£34,000) that appear to have been made to several well-placed Liberian officials; plus a transfer for $75,000 that is labelled “Payment (facilitation) revised PPCC Act” – seemingly a reference to the country’s Public Procurement and Concession Commission Act, which impacted on mining rights. ...
Cashless Britain advances as contactless and debit cards thrive image
Source : Guardian [Read Article] Sunday 22nd of May 2016 11:01:22 PM
....Britain has passed another milestone on the path to a cashless society, with 2015 the first year that cash was used for less than half of all payments by consumers. Cash usage will be eclipsed by debit cards and contactless payments by 2021, according to Payments UK, which represents the major banks, building societies and payment providers. ...
Five minute guide to pin-free payments using your phone image
Source : Daily Express [Read Article] Sunday 22nd of May 2016 02:27:00 PM
....This week Google announced that Android Pay is now live in the UK, allowing Britons to make contactless payments at more than 460,000 terminals here and millions worldwide. Android Pay is actually late to the mobile payments party, trailing Apple Pay by nearly a year, while Pingit from Barclays and Paym Mobile Payments, which allows family and friends to send and receive money using their mobiles, are also popular. ...
Brexit would hit property values, plus why pensions are so complicated image
....Rents and property values would drop after Brexit, say landlords. Payment shock: bank customers could get zapped for overspending. ...
Beware of scams: Beat fraudsters by staying alert image
Source : Daily Express [Read Article] Wednesday 18th of May 2016 09:57:00 AM
....These scams will often involve a phone call, text message or email claiming there has been suspicious activity on your account or that your details need to be “updated” or “verified”. Tony Blake, senior fraud prevention officer for the Dedicated Card and Payment Crime Unit, says criminals do all they can to make their approach appear genuine. ...
Companies run by ex-cricketer Phil Edmonds 'paid bribes to officials' image
Source : Guardian [Read Article] Wednesday 11th of May 2016 08:00:08 PM
.... The message contains an attachment headed: “FOR EYES ONLY – ONE COPY ONLY”, which lists a series of transactions, including:. • Payments that appear to have been made to several well-placed Liberian officials – some as high as $50,000. ...
Toll and trouble: Dartford cameras fine drivers for journeys they didn’t make image
....Highways England promised that changes to the system should minimise such mistakes, but, according to a local rental company, Chelmsford Van Hire, the problem is still so prevalent it has given up charging administration fees to customers who incur penalty charges because it can’t tell who is liable. “Payments for these vehicles are still being put against previous unpaid crossings made by other customers, due to the fact that, unlike the London congestion charge website, Dart Charge don’t have a facility to specify what date you are paying for,” says director Deborah Lashmar, who wrote to us to vent her frustration. ...
Designer discount fashion site Hardly Ever Worn It opens up A-list luxury to all shoppers image
....Sellers list their item for free, then subject to the site’s approval it goes live. Payment is held until the buyer confirms receipt, then the buyer is paid, with the site taking a 15 per cent flat commission. ...
Scaremongering? Bank of England blames BREXIT FEARS as it keeps interest rates the same image
....However, it did concede there had been little evidence that any uncertainty was currently having a material effect on economic growth. David Lamb, head of dealing at FEXCO Corporate Payments, said: "The Bank of England has abandoned any pretence of impartiality on the Brexit question, and blamed the uncertainty caused by the referendum for contributing to Britain’s increasingly cloudy economic outlook. ...
Are fintechs helping banks evolve – or planning a revolution? image
Source : Guardian [Read Article] Saturday 9th of April 2016 07:00:09 AM
.... However, new EU regulations are paving the way for fintech entrepreneurs to get a lot closer to customers. The Payment Services Directive II (PSD2) obliges banks to open their APIs (application programming interface) to trusted third parties if the customer gives their consent. ...
How old banks are learning from a new breed of tech start-ups image
Source : BBC [Read Article] Thursday 7th of April 2016 11:10:16 PM
....At the southern tip of Africa, in Cape Town, global banking giant Barclays is busy developing a secret tech solution to make it easier for consumers to make payments online. But it has called on the expertise of local tech start-up Peach Payments to help, and the two are working on a product aiming to change the way people transact online in emerging markets. ...
 'Record numbers' of middle-class savers being drawn into Inheritance Tax net  image
.... . Payments of Inheritance Tax – which the Daily Express is crusading to scrap – were forecast to keep rising, to hit £5billion in 2018-19, despite more generous allowances coming in next year under which family homes are passed on. ...

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