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

Deep Dive: How Request-to-Pay Functions Are Taking the Real-Time Payments Space By Storm
Deep Dive: How Request-to-Pay Functions Are Taking the Real-Time Payments Space By Storm
September 27, 2021  |  Faster Payments

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From Payments To Processes, New B2B Platform Helps Grease Nat Gas Industry
From Payments To Processes, New B2B Platform Helps Grease Nat Gas Industry
September 27, 2021  |  B2B Payments

In spite of all the advanced seismic exploration and extraction technology that it used, the back-office operations in the natural gas industry are still often conducted via telephone, email or legacy client-server networks. As a result, invoicing, payments, market data,...

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US Bank on How Leveraging Request for Payment Alleviates Friction, Offers Visibility Into the Billing Process
US Bank on How Leveraging Request for Payment Alleviates Friction, Offers Visibility Into the Billing...
September 24, 2021  |  Faster Payments

Billers often suffer from a lack of speed and clarity on their receivables, while payors are frequently stumped over what they owe and to whom....

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U.K. Digital Bank Monzo Enables Card Payments from Earmarked Savings
U.K. Digital Bank Monzo Enables Card Payments from Earmarked Savings
September 21, 2021  |  Digital-First Banking

London-based FinTech company Monzo, in an effort to simplify the bill-paying and household budgeting process, has made it possible for account holders to make card...

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Google Pay Bolsters Mobile Payment System With New Bank Additions
Google Pay Bolsters Mobile Payment System With New Bank Additions
September 20, 2021  |  Google

Digital wallet platform Google Pay has expanded access to include more than 80 banks in Switzerland, as well as financial institutions in Australia, Bulgaria, Chile,...

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Czech Mobility Payments Platform Eurowag Files $236M London IPO
Czech Mobility Payments Platform Eurowag Files $236M London IPO
September 20, 2021  |  IPO

Payments and mobility platform Eurowag is planning a 200 million euro ($236 million) initial public offering (IPO) on the London Stock Exchange, according to reports....

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Online Banking Payments Firm Trustly Debuts Near-Instant Payments in US
Online Banking Payments Firm Trustly Debuts Near-Instant Payments in US
September 20, 2021  |  Faster Payments

Following a decade of success in Europe providing its Instant Payouts offering to bank accounts, Swedish FinTech company Trustly on Monday (Sept. 20) announced the...

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Clickatell, Cybersource Offer Simplified Chat-Based Payment System  
Clickatell, Cybersource Offer Simplified Chat-Based Payment System  
September 16, 2021  |  Faster Payments

Mobile communications commerce company Clickatell has joined forces with Visa’s fraud management platform Cybersource to simplify chat-based payments and contact-free checkout, according to a Thursday (Sept....

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Sonoco Taps Coupa to Advance Payments
Sonoco Taps Coupa to Advance Payments
September 16, 2021  |  B2B Payments

Packaging solutions company Sonoco is partnering with business spend management (BSM) firm Coupa Software to extend Coupa Pay and virtual cards across Sonoco. Get the...

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