Cancelling unwanted direct debits could add thousands to Brits’ pension pots, as more people look to rein in unnecessary ...

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 ...

The world of consumer banking received an innovation boost when the EU regulation PSD2 enforced the rails for Open Banking. This disruptive force offers new ways to streamline payments and is ...

Mobile giant Three has apologised after taking 550,000 customers' direct debits early, in some cases almost four weeks before they were due. If you were hit with charges, you CAN get a refund but ...

Households with water meters should check their bills as many firms are upping direct debits due to higher use during lockdown. And with usage over the next year likely to drop for many as ...