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

How Digital Assets Could Reshape The Future Of Corporate Treasury
How Digital Assets Could Reshape The Future Of Corporate Treasury
January 28, 2021  |  B2B Payments

Digital assets are no longer a futuristic pipe dream in modern economy. With more emerging use cases and an increasingly accepting regulatory landscape, cryptocurrencies are...

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Cloud Speeds Cross-Border Card Issuance For Visa and TransferWise
Cloud Speeds Cross-Border Card Issuance For Visa and TransferWise
January 28, 2021  |  Payment Methods

Here’s a topic for debate. Resolved: The highest priorities for banks and credit card companies in today’s payments landscape are cross-border payments, relationships with FinTechs...

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TransferWise Uses Visa Cloud Connect To Expand Debit Offer Globally
TransferWise Uses Visa Cloud Connect To Expand Debit Offer Globally
January 27, 2021  |  Payment Methods

Visa has debuted a new global partnership with TransferWise after working together on the new Visa Cloud Connect program, allowing FinTechs a new way to securely connect with...

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Real-Time Networks Getting Really Serious About Fraud In 2021
Real-Time Networks Getting Really Serious About Fraud In 2021
January 26, 2021  |  Faster Payments

As real-time payment (RTP) schemes move from pilot to implementation worldwide, cybercrooks follow, drawn by the lure of instant ill-gotten gains at scale. Get the...

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Open Banking Meets Instant Payments At The Online Checkout
Open Banking Meets Instant Payments At The Online Checkout
January 26, 2021  |  Payment Methods

Last week marked the third anniversary of PSD2, the regulation that launched open banking in the U.K. and Europe. And those three years have given...

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FedNow Details Pilot Program Participants
FedNow Details Pilot Program Participants
January 25, 2021  |  Faster Payments

Instant payments on the horizon — but first the pilot programs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Auto Lenders Use AI To Drive Safer Real-Time Disbursements
Auto Lenders Use AI To Drive Safer Real-Time Disbursements
January 21, 2021  |  Faster Payments

Immediate disbursements are gaining favor in various industries and sectors. They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting...

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Digital Shift Leads Mastercard To Take Contactless Payments To The Cloud
Digital Shift Leads Mastercard To Take Contactless Payments To The Cloud
January 12, 2021  |  Payment Methods

If the sky’s the limit for contactless payments, which the pandemic has certainly shown, and if the technology is deployed across mobile devices … then...

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Blockchain Unchained: Paxos CEO Sees Expanded Role For Token-Based Digital Assets
Blockchain Unchained: Paxos CEO Sees Expanded Role For Token-Based Digital Assets
January 11, 2021  |  Blockchain

Although blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding...

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