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)

Banks Test Ripple’s Digital Asset In X-Border Payment Overhaul
Banks Test Ripple’s Digital Asset In X-Border Payment Overhaul
October 21, 2016  |  B2B Payments

The distributed ledger technology developed by Ripple is now at trial phase among FinTech innovation group R3 and 12 of its member financial institutions, as...

READ MORE >
Investors Open Their Wallets For B2B Payments Efficiency
Investors Open Their Wallets For B2B Payments Efficiency
October 21, 2016  |  B2B Payments

It was another stellar week for B2B FinTech startups, which announced a collective $191.8 million in venture capital and growth equity investment this week. Funding...

READ MORE >
Same Day ACH: Impacts At The Intersections
Same Day ACH: Impacts At The Intersections
October 18, 2016  |  Faster Payments

Same Day ACH is here and so are several other initiatives that intersect and complement its newfound faster capabilities. In the final installment of NACHA’s...

READ MORE >
Dion Offers EU-Compliant Real-Time Payment Tech
Dion Offers EU-Compliant Real-Time Payment Tech
October 13, 2016  |  B2B Payments

Dion has released its offering for financial institutions that are looking to speed up their payment capabilities. Dion Global Solutions announced this week the release...

READ MORE >
Banking’s Mark On X-Border Payments
Banking’s Mark On X-Border Payments
October 12, 2016  |  Cross Border Commerce

The dynamic nature of the cross-border space continues to spark innovation and advancements in payments. But with banking undergoing its own transformation, how will these...

READ MORE >
Fed To Take A Stance On Blockchain
Fed To Take A Stance On Blockchain
October 12, 2016  |  B2B Payments

Amid all of the industry stakeholders — banks, FinTech startups and advisors — discussing the potential of blockchain, perhaps the biggest one is ready to...

READ MORE >
Tapping Into The Blockchain For The Evolution Of Faster Payments
Tapping Into The Blockchain For The Evolution Of Faster Payments
October 06, 2016  |  Faster Payments

Clearance granted … immediately? New developments in blockchain technology could be taking faster payments to another next level. In the latest Faster Payments Tracker™, PYMNTS...

READ MORE >
Will The Blockchain Revolutionize Faster Payments?
Will The Blockchain Revolutionize Faster Payments?
October 05, 2016  |  Faster Payments

Clearance granted … immediately? New developments in blockchain technology could be taking Faster Payments to another next level. In the latest Faster Payments Tracker™, PYMNTS...

READ MORE >