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

Alipay In X-Border Blockchain Pact
Alipay In X-Border Blockchain Pact
January 10, 2019  |  B2B Payments

Blockchain grabbed some headlines this past week as DLT helped foster new cross border payment initiatives, notably from Alipay and Ripple.  Elsewhere, Faster Payments gains...

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On-Demand Wages Spruce Up The $400B Home Services Market
On-Demand Wages Spruce Up The $400B Home Services Market
January 10, 2019  |  Disbursements

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Faster Payments, Open Banking Should Keep Treasurers On High Alert
Faster Payments, Open Banking Should Keep Treasurers On High Alert
January 09, 2019  |  B2B Payments

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to...

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Online Sports Gambling Makes Bet On Faster Payments
Online Sports Gambling Makes Bet On Faster Payments
January 08, 2019  |  Payment Methods

Few things feel better than the rush of a winning streak — money bet on a football or baseball team, or a sporting event, that...

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Today In Data: New Year, New Efficiencies
Today In Data: New Year, New Efficiencies
January 03, 2019  |  Today In Data

The new year is here, and a new lease on efficiency and streamlining is loose in the payments and commerce ecosystem. Merchants are doubling down...

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Turning Unplanned Spend Into Spend Management Innovation
Turning Unplanned Spend Into Spend Management Innovation
January 02, 2019  |  Payments Innovation

In the middle of an otherwise productive day — one of those shifts when the whole team is not only ahead of schedule, but likely...

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2019: The Year Of Instant Payments
2019: The Year Of Instant Payments
January 01, 2019  |  Payment Methods

Here’s a 2019 prediction that we guarantee will come true: There will be no human being or business adamantly hoping to be paid slower in...

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Faster Payments For Corporates Begin To Simmer
Faster Payments For Corporates Begin To Simmer
December 27, 2018  |  B2B Payments

With the payments acceleration trend of recent years promising disruption in peer-to-peer (P2P) payments, these initiatives were viewed only in the context of consumer payments...

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Best Of 2018 Data Drivers: Fraudsters, Gig Workers And B2B By The Numbers
Best Of 2018 Data Drivers: Fraudsters, Gig Workers And B2B By The Numbers
December 24, 2018  |  Data Drivers

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