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

For Disbursement Satisfaction, Skip The Gift Cards
For Disbursement Satisfaction, Skip The Gift Cards
March 14, 2019  |  Today In Data

The way we pay and get paid is changing, and choice matters. To that end, found the latest Disbursement Satisfaction Index produced jointly by PYMNTS and...

READ MORE >
The Rise Of Faster Disbursements
The Rise Of Faster Disbursements
March 12, 2019  |  Today In Data

Consumers are becoming more comfortable with real-time disbursements amid the rise of solutions that enable payments to be delivered shortly after they are authorized. In...

READ MORE >
How Disbursements Are Moving Movers Toward Professionalism
How Disbursements Are Moving Movers Toward Professionalism
March 12, 2019  |  Disbursements

Millions of Americans move each year, fueling an industry worth roughly $18 billion. Yet, haggling with movers over cash payments is still an all-too-common practice,...

READ MORE >
Cash Moves Out, Disbursements Settle Into The $18B Moving Market
Cash Moves Out, Disbursements Settle Into The $18B Moving Market
March 11, 2019  |  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....

READ MORE >
Why Construction Payments’ Friction Has Nothing To Do With Payments
Why Construction Payments’ Friction Has Nothing To Do With Payments
March 08, 2019  |  B2B Payments

What’s more complicated than a B2B transaction? A B2B transaction in an industry like construction, where what triggers a payment isn’t a single, simple invoice....

READ MORE >
US Faster Payments Council Announces Founding Sponsors
US Faster Payments Council Announces Founding Sponsors
March 06, 2019  |  Payment Methods

The U.S. Faster Payments Council (FPC), which was launched by the Fed in November, announced on Wednesday (March 6) its 20 founding sponsors, which include...

READ MORE >
Proactis Pulls In $26M From HSBC, New CEO To Target SMBs
Proactis Pulls In $26M From HSBC, New CEO To Target SMBs
March 05, 2019  |  B2B Payments

HSBC U.K. provided a $26.3 million funding round for B2B eCommerce and spend management company Proactis, the company revealed. Get the Full Story Complete the...

READ MORE >
How Swifter Sports Payments Keep The (Soccer) Ball Rolling
How Swifter Sports Payments Keep The (Soccer) Ball Rolling
February 28, 2019  |  Faster Payments

It turns out that fast, convenient payments (or the lack thereof) are often the deciding factor for which games highly in-demand referees decide to work...

READ MORE >