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

Vector Teams With McLeod Software To Speed Up Transportation Billing
Vector Teams With McLeod Software To Speed Up Transportation Billing
June 03, 2020  |  B2B Payments

To speed up fleet and billing functions for truck drivers as well as back-office staffers, mobile capture and workflow technology company Vector has teamed with...

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Healthcare Leans Into Faster Payments
Healthcare Leans Into Faster Payments
June 03, 2020  |  Healthcare

Healthcare costs and healthcare payments are closely tied, but worlds apart. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Payroll Gears Up To Leapfrog Into APIs, Faster Payments
Payroll Gears Up To Leapfrog Into APIs, Faster Payments
June 03, 2020  |  B2B Payments

Centuries-old banks have been operating on decades-old infrastructure, leaving many traditional financial institutions (FIs) to stand idle and offer little in the way of digital-native...

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It Takes A Hub: Fighting eCommerce Fraudsters Across New Vectors
It Takes A Hub: Fighting eCommerce Fraudsters Across New Vectors
June 03, 2020  |  Security & Fraud

As commerce shifts online in a pivot that is likely to remain permanent, the fraudsters are also shifting their targets — and methods. Get the...

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GoCardless Partners With YayPay For Faster Automated B2B Payments
GoCardless Partners With YayPay For Faster Automated B2B Payments
June 02, 2020  |  B2B Payments

GoCardless, a FinTech specializing in recurring payments, has partnered with predictive accounts receivable (AR) automation solution firm YayPay, which will allow the latter to integrate...

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Collaborators Continue US’s Drive Toward Faster Payments
Collaborators Continue US’s Drive Toward Faster Payments
June 02, 2020  |  B2B Payments

Whether payments industry stakeholders are moving to develop entirely new infrastructure to improve payments, or to develop new capabilities upon existing infrastructure to make progress,...

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Deep Dive: Modernizing Patients’ Reimbursements, Discounts
Deep Dive: Modernizing Patients’ Reimbursements, Discounts
June 02, 2020  |  Disbursements

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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The Painful State Of Patient Reimbursements
The Painful State Of Patient Reimbursements
June 01, 2020  |  Disbursements

U.S. patients were notoriously overburdened by healthcare costs even before pandemic-related job losses added new financial strains. These high costs and long reimbursement waits often...

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Visa’s Kevin Phalen: Moving B2B Payments From Acceleration To Execution
Visa’s Kevin Phalen: Moving B2B Payments From Acceleration To Execution
June 01, 2020  |  VISA

The global pandemic has created public health and economic uncertainty on a scale not seen in a generation. It has also motivated the great digital...

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