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

Blockchain Makes Headway Over Legacy X-Border Rails
Blockchain Makes Headway Over Legacy X-Border Rails
July 09, 2020  |  B2B Payments

There’s no single path to payments infrastructure innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Sowing The Seeds Of Agriculture Banking Modernization
Sowing The Seeds Of Agriculture Banking Modernization
July 08, 2020  |  B2B Payments

The farming and agriculture industry remains a pillar of society, and some of the world’s largest banks — like France’s Credit Agricole — first began...

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PrimeRevenue Receives Digital Supply Chain Finance Patent
PrimeRevenue Receives Digital Supply Chain Finance Patent
July 07, 2020  |  B2B Payments

PrimeRevenue, which works in working capital finance solutions, has been granted a patent for supply chain finance (SCF) systems, allowing it better capabilities for digital...

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How Industry-Tailored Data Eases Travel’s B2B Payments Pains
How Industry-Tailored Data Eases Travel’s B2B Payments Pains
July 07, 2020  |  B2B Payments

The travel industry has a long, arduous path ahead, and it’s unclear what the sector will look like as it endures a painful period of...

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What’s Behind Square’s Stock Price Surge?
What’s Behind Square’s Stock Price Surge?
July 07, 2020  |  Digital Payments

Wall Street has famously been called “both voting machine and weighing machine.” Get the Full Story Complete the form to unlock this article and enjoy...

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Pulling B2B Payments Into The New Economy
Pulling B2B Payments Into The New Economy
June 30, 2020  |  B2B Payments

Despite making major strides in functionality, legacy payment rails like ACH still come with their challenges — especially when facilitating B2B payments. Get the Full...

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ADP: Pandemic Prompts Firms To Replace Checks With Pay Cards
ADP: Pandemic Prompts Firms To Replace Checks With Pay Cards
June 29, 2020  |  Digital Payments

The pandemic has spurred businesses — by necessity — to use digital means to interact with their employees and to keep operations humming. Get the...

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction
Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction
June 23, 2020  |  B2B Payments

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. Get the Full Story Complete the...

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