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

Citi Says Pandemic Has Accelerated Cross-Border Payments
Citi Says Pandemic Has Accelerated Cross-Border Payments
October 27, 2020  |  Cross-border Payments

The pandemic has highlighted the importance of fast and efficient cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy...

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How Payments Choice (And Faster Payments) Make X-Border Commerce D2C
How Payments Choice (And Faster Payments) Make X-Border Commerce D2C
October 23, 2020  |  Cross-border Payments

From the largest marquee names in luxury retail to artisans peddling handcrafted wares, selling direct to consumer has never been more urgent. But Emanuela Saccarola,...

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Buyers, Suppliers Converge Around Virtual Cards
Buyers, Suppliers Converge Around Virtual Cards
October 23, 2020  |  B2B Payments

For the many businesses that have managed to endure the COVID-19 crisis, embracing changes that improve their cash flow and financial flexibility has been critical....

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European Banking Federation On The EU’s Shift To Digital, Data-Driven Financial Services
European Banking Federation On The EU’s Shift To Digital, Data-Driven Financial Services
October 21, 2020  |  Digital Banking

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a...

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Stampli Debuts Direct Pay Feature
Stampli Debuts Direct Pay Feature
October 20, 2020  |  B2B Payments

Stampli, which works in accounts payable automation, has debuted a new feature called Stampli Direct Pay which a press release says will let companies pay...

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MineralTree, Sage Team For Automatic Invoice Matching
MineralTree, Sage Team For Automatic Invoice Matching
October 20, 2020  |  B2B Payments

Accounts payable and payments automation solution MineralTree has added automated PO and invoice matching for cloud-based accounting and financial management platform Sage Intacct, a press...

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Finding The Payment Rail Mix To Tackle B2B Payments Friction
Finding The Payment Rail Mix To Tackle B2B Payments Friction
October 20, 2020  |  B2B Payments

Innovation is all about thinking outside the box – sometimes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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The Inevitability Of Instant Disbursements
The Inevitability Of Instant Disbursements
October 20, 2020  |  Disbursements

Big business and big treasury banks don’t make big changes on a whim. In fact, they don’t make them at all if they can avoid...

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Apple Pay At Six: How Consumers Are Using It At The Physical Point Of Sale
Apple Pay At Six: How Consumers Are Using It At The Physical Point Of Sale
October 20, 2020  |  Mobile Wallets

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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