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

Bank of America and Zelle Team Up to Use Instant Payments to Fund Nonprofits
Bank of America and Zelle Team Up to Use Instant Payments to Fund Nonprofits
March 12, 2026  |  Partnerships

Zelle introduced an application that permits charitable disbursements from donor advised funds (DAFs), according to a Thursday (March 12) press release emailed to PYMNTS. Get...

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Visa and Citcon Link Up to Expand Money Movement Capabilities
Visa and Citcon Link Up to Expand Money Movement Capabilities
March 10, 2026  |  Partnerships

Merchant payments provider Citcon said it has formed a money movement-focused collaboration with Visa Direct. Get the Full Story Complete the form to unlock this...

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Banks Target June for New Swift Cross-Border Retail Payment Launch
Banks Target June for New Swift Cross-Border Retail Payment Launch
March 05, 2026  |  Cross-border Payments

A new Swift payments framework for retail transactions will begin its rollout by the end of June. Get the Full Story Complete the form to...

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Mastercard: Small Business Growth Hinges on Using Tech Better, Not Chasing Trends
Mastercard: Small Business Growth Hinges on Using Tech Better, Not Chasing Trends
February 27, 2026  |  SMBs

Watch more: What’s Next In Payments With Mastercard’s Mark Barnett Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Credit Unions Build Cloud Data Strategy to Stay Competitive
Credit Unions Build Cloud Data Strategy to Stay Competitive
February 24, 2026  |  Credit Unions

Watch more: What’s Next in Payments With Velera’s Cody Banks Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Nearly Half of Shoppers Used Mobile for Their Latest Retail Purchase
Nearly Half of Shoppers Used Mobile for Their Latest Retail Purchase
February 24, 2026  |  Mobile Commerce

The smartphone is no longer just a shopping tool. It has become the storefront. Get the Full Story Complete the form to unlock this article...

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Real-Time Payments Give Contractors Back 2 Workweeks a Month
Real-Time Payments Give Contractors Back 2 Workweeks a Month
February 17, 2026  |  Disbursements

The four horsemen of construction project delays typically appear as rain-soaked jobsites, supply shortages, labor gaps or permitting snags. Get the Full Story Complete the...

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Ingo Payments and Elektra USA Team for Faster Remittances
Ingo Payments and Elektra USA Team for Faster Remittances
February 11, 2026  |  Partnerships

Money mobility solutions provider Ingo Payments partnered with money transfer FinTech Elektra USA. Get the Full Story Complete the form to unlock this article and...

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Slow Payments Drain Small Business Cash Faster Than Sales Can Refill It
Slow Payments Drain Small Business Cash Faster Than Sales Can Refill It
February 11, 2026  |  Faster Payments

For many small businesses, cash flow is no longer a background concern. It is the defining constraint shaping daily operations and long-term viability. Delayed receivables...

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