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

FPC Chooses Industry Expert Kimberly Ford As Exec Director

FPC Chooses Industry Expert Kimberly Ford As Exec Director
FPC Chooses Industry Expert Kimberly Ford As Exec Director
June 20, 2019  |  Personnel

The U.S. Faster Payments Council (FPC) has chosen industry expert Kimberly Ford as the organization’s first executive director. Ford, who used to work with the...

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Diving Into The ‘Check-Replacement Cycle’
Diving Into The ‘Check-Replacement Cycle’
June 13, 2019  |  Payment Methods

As much as 80 percent of firms still rely on paper checks. Only 3 percent of firms meet demands for B2C payments. Fiserv VP of Digital...

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The Public Sector Takes The Lead On eProcurement
The Public Sector Takes The Lead On eProcurement
June 10, 2019  |  B2B Payments

Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following...

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Helping Money Make The World Go ‘Round
Helping Money Make The World Go ‘Round
June 06, 2019  |  Today In Data

Money, as the song goes, makes the world go ‘round – and these days, there is a lot of money going all around the world....

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The Evolving Terrain Of Fighting Fraud
The Evolving Terrain Of Fighting Fraud
June 05, 2019  |  Today In Data

Intro: Consumers undeniably want all of their transactions faster – and there is a penalty to be paid for making them wait. But fast is...

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Uber And Lyft Drivers Could Gain Access To Digital Ad Revenue
Uber And Lyft Drivers Could Gain Access To Digital Ad Revenue
June 03, 2019  |  Ecosystems

Say hello to the marriage of digital advertising and ride-hailing – and, it seems, more potential for a bigger payday for those gig workers who...

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Promoting Faster Payments In The Face Of Trade Uncertainty
Promoting Faster Payments In The Face Of Trade Uncertainty
May 30, 2019  |  Today In Data

Financial institutions (FIs) and service providers are promoting offerings for rapid, cross-border transactions in the face of trade uncertainties. On another note, over half of all...

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Visa CEO Throws Shade On Real-Time Payments
Visa CEO Throws Shade On Real-Time Payments
May 30, 2019  |  VISA

There’s a need for speed in payments, supposedly — but how much speed is enough? Get the Full Story Complete the form to unlock this...

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