Latest publications

As companies with payments at the core of their product or operations scale, so do their volumes of payments. When this happens, they often decide to replace their payment service providers or bank connectivity software with direct bank integrations. In this article, we break down the different components of an in-house bank integration and payment automation software. We then look at the development, maintenance, and hidden costs associated.

The Numeral platform supports SEPA instant payments, in addition to regular SEPA credit transfers as well as SEPA direct debits. Companies can use the Numeral API to integrate SEPA instant payments into their products and build user experiences that leverage real-time, irrevocable payments.

SEPA Direct Debit Core and SEPA Direct Debit B2B both enable regular payments for recurring obligations such as bills, rent, and subscriptions. Functionally, both payment methods are similar but with key distinctions in the direct debit mandate management and refund timelines.

What kind of SEPA messages exists? What are their syntax and format? How ISO 20022 sets the standards of messages used by SEPA direct and indirect participants?

This October, we expanded our payment methods coverage for SEPA indirect participants, with the support of SEPA instant credit transfer.

Claims are when the true value of insurance is realised for policyholders. And 53% of them are willing to change insurance company to receive claim payments instantly. In this article, we deep dive into the innovations instant payments unlock for the insurance industry, and the challenges of implementing instant claim payments.

Though the United Kingdom is within SEPA, the UK relies extensively on local payment schemes because its currency - the pound sterling – is not supported by the SEPA schemes. In this article, we explore the UK local payment schemes function and how they compare to the equivalent SEPA schemes.

BaaS providers have been instrumental in the launch and growth of many fintech companies. The fintech ecosystem might not be as flourishing as it is today without the BaaS providers. But BaaS providers have some constraints and the most successful fintech companies end up leaving them. Discover why in this article.

How do SEPA payments compare to other common payment methods in the eurozone? How quickly do the newer SEPA methods progress in the area?

In addition to regular SEPA payment flows, SEPA indirect participants have access to additional payment flows. These flows are known as R-transactions.

This article shares our learnings on the challenges of building direct bank integrations. We also outline how an API-first connectivity solution can help accelerate bank integration projects, prepare companies for the future, and transform high upfront investment costs into predictable variable costs.

In September, we’ve doubled down on reconciliations by introducing a customisable reconciliation engine, and started supporting the EBICS protocol.

In this article, we outline the key organisations behind SEPA. We examine the role each organisation plays and look at how those actors involved in a SEPA payment fit together under SEPA’s four-corner model.

The first SEPA payment scheme was introduced in 2008, called SEPA Credit Transfer. Since then, SEPA’s functionality has since expanded significantly. Today, SEPA also offers instant transfers, direct debits for consumers and businesses, and the ability to request a transfer.

SEPA payments are highly standardised, with scheme rules set by the European Payments Council (EPC). Though every SEPA scheme has unique characteristics, there are five characteristics common to every SEPA payment.

Since 2008, the Single European Payments Area (SEPA) has made euro-denominated bank payments simpler and faster. In 2021, SEPA payments accounted for more than 95% of all bank-based payments in the European Union, with the SEPA zone now including 36 countries. But what exactly is SEPA and what is its history? In this article, we will outline what SEPA is, how SEPA came into being, and explain how SEPA works.

August has been a busy month, with the addition of SEPA direct debit as a new payment method as well as the support of counterparties.

Banks are essential partners to companies and the most reliable and cost-effective way to send and receive large volumes of payments. This article explains how Numeral facilitates and accelerates this process for both companies and banks. Numeral helps companies scale their payment operations and banks to attract and retain strategic customers.

Payments are key to the operations of companies across a number of industries such as financial services, insurance, real estate, or temp work. Yet, scaling payment operations is complex and error-prone. In this article, we explain how Numeral abstracts the complexity of initiating, tracking, and reconciling payments by capturing the entire lifecycle of a payment in a payment order.

This month, we are excited to announce the launch of SEPA instant credit transfer as a new payment method as well as our new automated reconciliation engine.

Today, we are excited to announce that we are now ready to open the Numeral platform to customers, 12 months after my co-founder Hichem Mâalmi and I officially started working on Numeral with Logic Founders and Camille Tyan and 6 months after our Seed funding round.

This month, we are happy to announce that we are now fully supporting SEPA indirect participant payment and related flows, starting with BPCE Payments as our first SEPA sponsor bank connected to the platform.

This month, we are excited to announce the launch of reconciliations as a new building block to our platform as well as expected payments as a new type of payments.

This month, we have added Société Générale as a new bank.

This month, we have added support for account transactions and balances as well as virtual account numbers.

We are happy to announce the launch of our platform and first bank integration with BNP Paribas, initially supporting SEPA credit transfers.

Payments are the lifeblood of the economy. When companies grow, handling payment operations manually becomes a real challenge. Numeral removes the complexity of bank integrations and payment automation - allowing you to scale with confidence and focus on your next big thing.

6 months ago, my co-founder Hichem Mâalmi and I started working on Numeral within the fintech startup studio Logic Founders to build the best payment automation platform for tech companies. Today, we are coming out of stealth and are excited to announce our product, first customers, €13 million first round of funding led by Balderton Capital, and plans for 2022.