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Design representing the key concepts of liquidity management, featuring simple, clean lines and geometric shapes. The design includes elements like a central circle for a master account, smaller circles for zero-balance subsidiary accounts, arrows for notional pooling, and abstract representations of regulatory compliance, operational efficiency, and strategic flexibility.
payments

Identifying Concepts of Liquidity Management and Reasons Why Liquidity Management is Important

Concepts of Liquidity Management Effective liquidity management ensures that a company has the cash it needs, when it needs it, optimising payment processes...

Here is a painting-style image representing the various ways payments are reported, featuring elements like flowing data streams, reconciled documents, charts and graphs for management information, and symbols of efficiency such as gears and clocks. The background blends these elements harmoniously with soft, professional colours to convey the complexity and importance of payment reporting.
payments

Different Ways that Payments Are Reported

In finance, accurate and timely payment reporting is crucial for businesses and financial institutions. Effective reporting systems help track, analyse, and manage payments,...

A sketch-style image with a green background illustrating the importance of efficient payment systems and the impact of late payments. The image features hand-drawn icons: a cash flow diagram representing business enablement, a government building symbolising government operations, a clock with a dollar sign for timely payments, a broken chain depicting supply chain disruption, and a stressed person indicating the impact on individuals. The icons are arranged in a visually appealing layout.
payments

Understanding the Economic Value and Systemic Importance of Payments

Efficient payment systems are crucial for the smooth functioning of economies, impacting businesses, governments, and individuals. Enabling Trade and Business Operations Enablement for...

Image with a pink background illustrating key aspects of ensuring value for customers in financial transactions. Icons include a dollar sign for cost, a clock for time, a shield for risk, a speech bubble for tailored advice, an eye for transparency, and a headset for customer support. The icons are arranged in a visually appealing layout.
payments

Identify Different Approaches to Ensure Customers Receive Value and the Importance of Providing Appropriate Advice

Ensuring Value for Customers Understanding Cost, Time, and Risk Cost Transaction Fees: Different payment methods come with varying transaction fees. It is crucial...

A minimal 4D design image illustrating key aspects of financial transactions. Icons include a person with a dollar sign for the remitter (payer), a person receiving money for the beneficiary (payee), a network of interconnected nodes for clearing systems, and a gear for straight-through processing (STP). The design is clean and modern, with a neutral background highlighting the roles in the financial transaction process. turnovr logo in the corner.
payments

Parties to Payments, Charging Conventions, and Straight-Through Processing

Looking at the world of financial transactions, learn about the key parties involved, the conventions for charging fees, and the concept of straight-through...

Image showing money being transferred across the world. The image features a world map with lines connecting various continents and simple icons of currency symbols (dollar, euro, yen) along the transfer lines. The neutral background highlights global connectivity and the flow of money using ACH, CHAPS Fedwire, SWIFT, FX payments, BACS, iACH, RTGS, cash and crypto. turnovr.uk logo in the bottom right corner
payments

Types of Payment Systems and Global Terminology

We go over everything from high-value transactions like RTGS and CHAPS to low-value payments such as ACH and BACS, as well as modern...

Image featuring a hand handing over a banknote to another hand. The image has clean lines and a neutral background, highlighting the transaction. Suitable for an article about payment systems. turnovr.uk
payments

The Evolution of Payments

The transition from ancient barter systems to modern cryptocurrencies highlights the evolution of payments and the innovative steps we have taken to facilitate...

Image with a blue background representing the gig economy and payment solutions for freelancers and contractors. The image includes white icons of a freelancer on a laptop, a dollar sign for payments, a globe for international transactions, and a calendar for timely payments. The interconnected icons highlight concepts such as low-cost international transfers, multi-currency support, and efficient payment management.
Payment Gateways

The Gig Economy and Payments: Solutions for Freelancers and Contractors

The gig economy has revolutionised the way we work, offering flexibility and freedom to millions of freelancers and contractors worldwide. Key Points: The...

Stripe and PayPal logos in a row multiple times giving the user a feel for the article Stripe vs. PayPal: Which is Better for Your Business?
Payment Gateways

Stripe vs. PayPal: Which is Better for Your Business?

Key Points: Stripe and PayPal are two of the most popular options, each with its own set of features, benefits, and potential drawbacks....

Shopify payments logo featuring the green shoppong bag with a white S. Along with 'Shopify payments' in green text on a white background.
Payment Gateways

What is Shopify Payments and How Does It Work?

Shopify Payments is an integrated payment processing solution designed to simplify the payment process for merchants using the Shopify platform. Key Points Understanding...