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

Why Certainty Rules Payments
Why Certainty Rules Payments
September 17, 2018  |  Payments Innovation

I needed a few outdoor cushions earlier this season and hired a local upholstery shop to make them. This small business is a really small...

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Florence’s Aftermath: Have Insurance Claims Payments Evolved Since Hurricanes Harvey And Irma?
Florence’s Aftermath: Have Insurance Claims Payments Evolved Since Hurricanes Harvey And Irma?
September 17, 2018  |  Faster Payments

Exactly one year before Hurricane Florence began her reign of terror in the Carolinas, Karen Webster interviewed’s Ingo Money CEO Drew Edwards and Visa’s senior...

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Shedding Light On FX And Supply Chain Risks Amid Cross-Border Payments
Shedding Light On FX And Supply Chain Risks Amid Cross-Border Payments
September 13, 2018  |  B2B Payments

Smaller firms are boosting their overseas business activity, leading them to be exposed to FX swings and trading partner risk. New options and initiatives, such...

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Mastercard Debuts B2B Trade Platform For SMBs
Mastercard Debuts B2B Trade Platform For SMBs
September 12, 2018  |  B2B Payments

Mastercard, collaborating with Microsoft, said on Wednesday (Sept. 12) that it is unveiling a digitized B2B platform geared toward global trade conducted by small and...

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Today In Data: The Challenge Of Speeding Up Payments While Slowing Down Fraud
Today In Data: The Challenge Of Speeding Up Payments While Slowing Down Fraud
September 11, 2018  |  Today In Data

An awful lot of dark money moves round the world each year – between 2 and 5 percent of global GDP by UN estimates. And that figure...

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Paysafe Further Accelerates SMBs’ Access To Funds
Paysafe Further Accelerates SMBs’ Access To Funds
September 11, 2018  |  B2B Payments

Several months after multinational online payments company Paysafe announced a partnership with Ingo Money to accelerate small businesses’ (SMBs) access to the funds they are paid,...

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Today In Data: Variety Is The Spice Of Life (And Commerce, And Payments)
Today In Data: Variety Is The Spice Of Life (And Commerce, And Payments)
September 10, 2018  |  Today In Data

A little choice goes a long way in a digital economy. Being able to choose the pace of payments is critical for businesses, as letting customers choose how deeply...

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Today In Data: Firing Up Faster Payments While Fighting Faster Fraud
Today In Data: Firing Up Faster Payments While Fighting Faster Fraud
September 07, 2018  |  Today In Data

Faster payments pack a lot of potential – technologically speaking and in terms of usefulness. And they are clearly providing for a need wanted for filling, attested...

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Temenos Kicks Off Challenger Banking In Greece
Temenos Kicks Off Challenger Banking In Greece
September 07, 2018  |  B2B Payments

Greece’s first challenger bank has chosen bank technology provider Temenos to implement its core banking technology, according to reports in Global Banking & Finance Review...

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