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

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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How Data Disruption Is Changing The Way Treasurers Shop For Tech
How Data Disruption Is Changing The Way Treasurers Shop For Tech
June 18, 2020  |  B2B Payments

Corporate treasurers within large enterprises may have the advantage of having relatively more resources to invest in technology, but between high transaction volumes, complex workflows...

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How The Global Pandemic Fast Tracked Mobile Payments In India
How The Global Pandemic Fast Tracked Mobile Payments In India
June 17, 2020  |  International

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this...

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UK’s Peasy Offers Rewards For Faster Invoice Payments
UK’s Peasy Offers Rewards For Faster Invoice Payments
June 17, 2020  |  B2B Payments

Peasy, a new U.K.-based startup, wants to help businesses get invoices paid faster, according to a press release. Get the Full Story Complete the form...

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Blockchain Makes Inroads Against Cross-Border Payments Friction
Blockchain Makes Inroads Against Cross-Border Payments Friction
June 16, 2020  |  B2B Payments

Distributed ledger technology (DLT) appears to be making progress in its effort to provide the financial services ecosystem with an alternative to traditional rails, with...

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Easing Banks Into A Cross-Border Payments Paradigm Shift
Easing Banks Into A Cross-Border Payments Paradigm Shift
June 16, 2020  |  B2B Payments

While there are numerous points of friction in cross-border payments workflows and infrastructure, much of it can be summed up as “too many chefs in...

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Experts Tell Congress It’s Time To Create A ‘Digital Dollar’
Experts Tell Congress It’s Time To Create A ‘Digital Dollar’
June 12, 2020  |  Digital Payments

Trillions of dollars in federal COVID-19 stimulus payments are being disbursed through paper checks, prepaid debit cards and direct deposit — not very streamlined conduits...

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Payment Rails Eye Value In Cooperation
Payment Rails Eye Value In Cooperation
June 09, 2020  |  B2B Payments

Adoption of faster payments infrastructure is on the rise, particularly in the payroll sector. Get the Full Story Complete the form to unlock this article...

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Amadeus Partners With Troovo For B2B Travel Pay Automation
Amadeus Partners With Troovo For B2B Travel Pay Automation
June 04, 2020  |  B2B Payments

Amadeus‘ B2B wallet will now integrate Troovo‘s technology to help automate the process of virtual travel payments, according to a press release. Get the Full...

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