2011

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Direct Debit Campaign drives £150k donations to Marie Curie 02-12-11

An integrated marketing campaign aimed at increasing Direct Debit take-up has raised £150k for Marie Curie Cancer Care - ‘Driving Donations’, created by Bacs Payments Schemes Ltd (Bacs), will fund 7,500 hours of care for the charity.

Local authorities urged to turn to Direct Debit to save £millions 03-11-11

Hard-pressed local authorities could save almost £11 million a year by encouraging householders to pay their council tax by Direct Debit, according to new research by Bacs

Late payments at all-time high as SMEs wait longer to get paid 02-11-11

The amount owed to small and medium-sized businesses in late payments has reached an all-time high of £33.6billion since the first late payments survey in September 2007, according to Bacs

Citi first non-European bank to join Bacs Payment Schemes Ltd 19-07-11

Bacs is pleased to announce that Citibank NA has become its first non-European member.

British corporates are worst offenders in £24 billion late payment debt 24-05-11

Government and not-for-profits pay on time.

Save money and improve cashflow by promoting Direct Debit 17-05-11

The social housing sector is well placed to benefit from significant cost savings according to Bacs.

Insurance firms failing to utilise automated efficiencies for nearly £60 billion in payouts 17-05-11

British insurance firms may be missing out on significant savings by paying less than a third of all insurance pay-outs by Bacs Direct Credit.

UK loses over 200 million days under admin mountain 07-04-11

Brits struggle with pressures of personal tasks.

New guide reinforces advantages of automated payments for SMEs 04-04-2011

With £24 billion now owed to British SMEs in late payments, a new guide for businesses, designed to highlight the cash flow and debt collection benefits of using automated payment methods, has been launched.

Direct Debit key to retaining female customers following equality ruling 24-03-11

Insurance companies should turn to Direct Debit to retain existing female policy holders and attract new ones, says Bacs.

Spring Clean Your Finances in Aid of a Good Cause 03-03-11

British bill payers are being encouraged to save both time and money by ‘spring cleaning’ their finances as Bacs teams up with a variety of billers to raise funds for a great cause.

Take charge of your finances in the New Year 04-01-11

The New Year is the perfect time to take stock of your spending and get on top of your finances, according to Bacs.