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

SWIFT Loops gpi Into Existing Rails For Global Payments

SWIFT Loops gpi Into Existing Rails For Global Payments
SWIFT Loops gpi Into Existing Rails For Global Payments
September 24, 2019  |  B2B Payments

Build or borrow? For today’s payment service providers, accelerating payments across borders means either developing new infrastructure, or making use of existing rails, to move...

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Societe Generale Debuts Instant Corporate Payments
Societe Generale Debuts Instant Corporate Payments
September 24, 2019  |  B2B Payments

French bank Societe Generale is rolling out pan-European instant payments for its corporate clients, and is deploying technology from FIS to support the launch, the...

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Banks’ Definitive B2B Payments Guide To Sibos
Banks’ Definitive B2B Payments Guide To Sibos
September 23, 2019  |  B2B Payments

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another...

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The Real-Time Payments Receivables Conundrum
The Real-Time Payments Receivables Conundrum
September 23, 2019  |  Payments Innovation

P.T. Barnum perfected the art of showmanship, a reputation burnished by the spectacular fame of the traveling circus and side show that bore his name:...

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Cross River Bank RTP Connection To Help FinTechs
Cross River Bank RTP Connection To Help FinTechs
September 19, 2019  |  Real-Time Payments

Cross River, a company that provides banking services for technology companies, will join The Clearing House’s (TCH) RTP network, according to a release. Get the...

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Lifting The Veil On Cross-Border B2B Payments
Lifting The Veil On Cross-Border B2B Payments
September 12, 2019  |  B2B Payments

Faster cross-border commercial payments are within reach thanks to global initiatives from the private and public sectors, and to growing consensus among FinTechs and financial...

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JPMorgan Rolls Out Same-Day Deposits For SMB
JPMorgan Rolls Out Same-Day Deposits For SMB
September 10, 2019  |  Digital Payments

Customers of the WePay platform can now get faster deposits to their JPMorgan Chase bank accounts, CNBC reported on Tuesday (Sept. 10). Get the Full...

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