BACS moves £7 trillion through the UK economy each year, powering everything from monthly salaries to supplier invoices. This automated clearing system underpins routine financial flows that
Regulatory bodies worldwide mandate identity verification before financial transactions can proceed, a practice that blocks billions in potential fraud each year. This requirement, known as Know Your
Paper checks still account for a significant share of business payments, but their path from drawer to deposit has transformed. Beneath the familiar endorsement stamp lies EFT processing, where the