The number of overdue invoices in Northern Ireland fell to a 2024 low in November, according to new research from insolvency and restructuring trade body R3. R3’s analysis of data provided by ...

Bank of Ireland UK has invested £4m ($5.01m) in technology, aimed at improving its invoice finance proposition. This move provides corporate, business, and commercial customers with new self-serve ...

Northern Ireland has bucked the UK overdue invoice trend as the only UK region or nation to see overdue invoice numbers fall in Q1 2025 when compared to Q1 2024, according to new research from R3, the ...

R3’s analysis of data provided by Creditsafe shows there were 187,502 overdue invoices on the books of Northern Ireland businesses in Q1 2025 – with 62,667 in January, 62,792 in February and 62,043 in ...

FraudSmart said most of these incidents were invoice redirection scams and has urged SMEs to review their payment policies and take steps to protect themselves. Ireland’s small and medium-sized ...

In 2020, approximately €10.5 million was stolen from Irish businesses through invoice redirection fraud. In most of these cases the money was transferred abroad, proceeds of these crimes can then be ...

GARDAI have warned the public of the continuing existence of Invoice Redirect Fraud, telling people to treat any request to change bank account details with “extreme caution.” Bank of Ireland reported ...

A former bank managing director accused of stealing over €570,000 suggested his PA might have “swept” an invoice for his company into a bundle of bank paperwork. Brendan Mullin (60) of Stillorgan Road ...

A former senior executive taking a claim of unfair dismissal against US drinks company Monster Energy Ltd has claimed the company routes its invoicing from Europe, the Middle East and Africa through ...

LATE-payers may force hundreds of already struggling and cash-strapped small businesses in the north to collapse, according to insolvency and restructuring trade body R3. It says analysis by ...