As more banking transactions execute through electronic interchanges, banks have made it easier than ever for you to handle your money without using cash or checks. One feature of electronic banking ...

Monese, the London-based fintech startup that offers a mobile banking app and current account, continues to fill in missing features that might otherwise stop it from replacing your bank altogether.

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 ...

It is commonly accepted that criminals react very quickly to newly-introduced security measures. Perhaps it is not surprising that as new fraud prevention technologies such as Chip and PIN and ...

Customers of the small energy supplier Iresa have vented their anger over unexpected increases to their monthly direct debits – with some seeing what they pay rise despite their account already being ...

I went to see the new Star Wars film recently. At the time, I had Open Banking on my mind. I was thinking about its effects on Direct Debit, as the two could easily seem to conflict in a galactic, ...