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

ToneTag CEO Sounds Off On Payments At The Speed Of Sound
ToneTag CEO Sounds Off On Payments At The Speed Of Sound
October 09, 2018  |  Payment Methods

Talk about cashless and contactless. How about payments made at the speed of sound — to be specific, using encrypted sound waves to make offline...

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The Roil Over B2B Payments Rails
The Roil Over B2B Payments Rails
October 08, 2018  |  Payments Innovation

B2B payments innovators and Warren Buffet have something in common: They are both obsessed with rails. Get the Full Story Complete the form to unlock...

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Building Out The Digital Workforce
Building Out The Digital Workforce
October 05, 2018  |  Today In Data

Freelance work is as old as work itself, but the more recent emergence of the digital marketplace dedicated to “gig work” has had effects beyond...

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Most Treasurers Already Using Same-Day Payments: Survey
Most Treasurers Already Using Same-Day Payments: Survey
October 04, 2018  |  B2B Payments

Faster payments may have an uncertain future in the B2B world, but a new survey released from Bottomline Technologies suggests most treasury executives have already...

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Today in Data: Bridging The Digital Payments Divide, Carefully
Today in Data: Bridging The Digital Payments Divide, Carefully
October 04, 2018  |  Today In Data

There is much evidence to suggest that the only acceptable pace for digitization in payments and commerce is faster. Disbursements, wherever one may find them, are almost...

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In Singapore, Cross-Border Mobile Payments Via…Via 
In Singapore, Cross-Border Mobile Payments Via…Via 
October 04, 2018  |  B2B Payments

In further cross-border inroads in Asia, Singtel debuts Via, while Ripple finds traction with xRapid and issues thoughts on blockchain in payments. Plus, the Fed...

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Taking The Sting Out Of Travel Delays With Same-Day Disbursements
Taking The Sting Out Of Travel Delays With Same-Day Disbursements
October 04, 2018  |  Disbursements

For travelers who’ve ponied up for travel insurance, getting reimbursed for snafus same day, rather than waiting for checks in the mail, can make all...

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The Fed Wants To Know How It Can Make Payments Move Faster
The Fed Wants To Know How It Can Make Payments Move Faster
October 04, 2018  |  Faster Payments

The Fed is seeking public comment from stakeholders on moving to faster payments, always on and always available. Fed Gov. Lael Brainard said in a...

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Visa, Postmates Give Gig Workers Instant Pay
Visa, Postmates Give Gig Workers Instant Pay
October 04, 2018  |  Digital Payments

Gig work can serve as a lifestyle that offers flexibility and freedom. It can stand as a stop gap that helps people pay rent, grocery...

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