Spanish businesses most positive in Europe towards predictions of a cashless society within two years
Card and mobile app payments are becoming widespread, but Intrum’s latest survey of 10,000 companies finds varying views about the likelihood of a cashless society across European countries.
Black Friday: 1 in 2 Europeans say sustainability motivates them to limit their spending
The upcoming European Consumer Payment Report 2020 finds growing trend towards more sustainable consumption, especially among younger and female consumers.
Tackling Europe’s late payment culture
Legislation can help address the late payments issue, but businesses themselves have the chance to play a leading role in finding solutions. Intrum is ready to help.
How late payments affect Europe’s businesses
Europe has entered the second wave of the Covid-19 pandemic and the lockdowns will put many consumers and businesses in difficult financial positions. The consequences of a pandemic-related recession will intensify the problem of late payments among European companies.
”We want to lead the development of a sustainable credit market”
As Chief Compliance Officer, Lina Rollby Claesson is developing Intrum’s compliance work.
The World Savings Day: European consumers are saving less as a result of Covid-19
As we mark World Savings Day on October 31, there are concerns that the pandemic is having longer term consequences for Europeans’ personal finances.
Real estate and construction firms are hit the hardest by late payments
The construction sector has long been afflicted by late payments. Complex billing procedures and a lengthy payment chain mean that getting paid on time can be a challenge. The issue is becoming even more urgent given the pressure that the pandemic is putting on the sector.
A widening payment gap threatens business growth
Against a backdrop of economic uncertainty, the payment gap – the time between the agreed payment term and the actual duration of pay – is widening
Businesses are taking steps to protect themselves from a historic recession
No business could have predicted the disruption caused by the Covid-19 pandemic in 2020. It has shaken European economies and brought business operations to a halt in many sectors, leaving firms scrambling to salvage their cash flow.