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

The Bank-FinTech Tie-Up Evolves

The Bank-FinTech Tie-Up Evolves
The Bank-FinTech Tie-Up Evolves
August 06, 2020  |  B2B Payments

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their...

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For SMBs, The Pressure’s On To Embrace Payroll Flexibility
For SMBs, The Pressure’s On To Embrace Payroll Flexibility
August 06, 2020  |  B2B Payments

In a pre-pandemic world, the workforce was in dramatic flux. From the rise of the gig economy and lower barriers to becoming an independent contractor...

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Deutsche Bank: Regulation Complicates B2B Payments’ Digital Transformation
Deutsche Bank: Regulation Complicates B2B Payments’ Digital Transformation
August 06, 2020  |  Payments Innovation

Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 billion noncash payments totaling $97.04 trillion in...

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Jobber Partners With Stripe To Offer Tradespeople Instant Payouts And Flexible Financing 
Jobber Partners With Stripe To Offer Tradespeople Instant Payouts And Flexible Financing 
August 04, 2020  |  Payments Innovation

Contractor-software company Jobber is expanding its partnership with payments platform Stripe to include flexible financing and instant payouts to North American clients, the companies said...

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Deep Dive: Adapting Worker Payments To The On-Demand Era
Deep Dive: Adapting Worker Payments To The On-Demand Era
August 03, 2020  |  Faster Payments

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Topcoder On Minding The Financial Security Of Technology Contractors
Topcoder On Minding The Financial Security Of Technology Contractors
July 31, 2020  |  Faster Payments

Businesses are ramping up their digital capabilities during COVID-19 and are turning to gig marketplaces for sourcing talent. But all too often these technology professionals...

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Qolo, moneycorp Integrate For Foreign Exchange B2B Payment Solution
Qolo, moneycorp Integrate For Foreign Exchange B2B Payment Solution
July 30, 2020  |  B2B Payments

B2B payments hub Qolo is integrating with international payment company moneycorp in order to offer a new foreign exchange payments solution to help businesses access...

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For Corporate Treasurers, The Real-Time Payments Stakes Are High
For Corporate Treasurers, The Real-Time Payments Stakes Are High
July 29, 2020  |  B2B Payments

With faster and real-time payments progress being made in the U.S. on multiple fronts, consumers are often at the focus of emerging conversations about the...

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Mastercard Enrolls With Pay.UK To Speed Up B2B Payments
Mastercard Enrolls With Pay.UK To Speed Up B2B Payments
July 27, 2020  |  B2B Payments

Mastercard has officially enrolled in the Pay.UK‘s Request to Pay service, which aims to allow customers to view and pay bills in a more streamlined,...

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