faster payments

Faster Payments Service (FPS) is a UK banking initiative to reduce payment times between different banks' customer accounts from the three working days that transfers take using the long-established BACS system, to typically a few seconds.

Source: en.wikipedia.org

Visa Direct Modernizes Government Payouts Stuck in Check Era

Visa Direct Modernizes Government Payouts Stuck in Check Era
Visa Direct Modernizes Government Payouts Stuck in Check Era
July 29, 2026  |  Disbursements

Watch more: Visa Direct With Visa’s Curtis Webb Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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63% of Gen Z Hits Snags When Getting Government Disbursements
63% of Gen Z Hits Snags When Getting Government Disbursements
July 27, 2026  |  Consumer Insights

A collaboration between PYMNTS Intelligence and Visa Direct, “Moving Money at the Speed of Life: Same Payout, Different Experience With Government Disbursements,” examines how U.S....

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The Biggest RTP Rival Is the Payment System That Already Works
The Biggest RTP Rival Is the Payment System That Already Works
July 22, 2026  |  Real-Time Payments

Businesses that use real-time payments tend to see more value than businesses still deciding whether they need them at all. Get the Full Story Complete...

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Nium CEO Says Stablecoins’ Real Prize Is the Cash Companies Can’t See
Nium CEO Says Stablecoins’ Real Prize Is the Cash Companies Can’t See
July 21, 2026  |  Cryptocurrency

Watch more: Why Stablecoins Are A Treasury Story, Not a Crypto Story Get the Full Story Complete the form to unlock this article and enjoy...

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The Stablecoin Speed Pitch Just Met SEPA In Europe
The Stablecoin Speed Pitch Just Met SEPA In Europe
July 13, 2026  |  Cryptocurrency

Stablecoin advocates have argued that blockchain networks can and will solve problems traditional banking never could. Payments would settle in seconds instead of days. Businesses...

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85% of CFOs Say Automation Cuts Payments Friction
85% of CFOs Say Automation Cuts Payments Friction
July 13, 2026  |  Fraud Prevention

Security controls are designed to stop bad payments, but new data suggested the strongest systems may be the ones customers barely notice. Get the Full...

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Fed Study Shows B2B Payments Are Becoming a Cost-Per-Event Problem
Fed Study Shows B2B Payments Are Becoming a Cost-Per-Event Problem
July 09, 2026  |  B2B Payments

The Federal Reserve confirmed this month that digital payments are winning the modernization battle against paper-based ones. Get the Full Story Complete the form to...

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Government Disbursements Open New Paths to Financial Inclusion
Government Disbursements Open New Paths to Financial Inclusion
July 09, 2026  |  Financial Inclusion

Government payments rarely get discussed as financial infrastructure. They’re usually treated as administrative outputs. Benefits are approved, refunds are issued and claims are processed. For...

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