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

Tokenization Sets B2B Payments On A Path To Security, Speed
Tokenization Sets B2B Payments On A Path To Security, Speed
May 10, 2018  |  B2B Payments

Payments security is an increasingly critical component for businesses on both sides of a B2B transaction today. Get the Full Story Complete the form to...

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With Same-Day ACH, You’d Better Have Same-Day Fraud Detection
With Same-Day ACH, You’d Better Have Same-Day Fraud Detection
May 07, 2018  |  B2B Payments

Accelerating payments mean financial institutions have less time to identify fraud before a transaction clears and settles. With Same-Day ACH now a reality in the...

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Syncing-Up The Fragmented Market Of Corporate-Initiated Payments
Syncing-Up The Fragmented Market Of Corporate-Initiated Payments
May 04, 2018  |  B2B Payments

Payments are moving toward greater speed, efficiency and choice – and in P2P payments, that’s led to the rise of financial technology giants. Get the...

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Paychex Tackles Payroll Cash Flow Woes With Subscription Service
Paychex Tackles Payroll Cash Flow Woes With Subscription Service
May 03, 2018  |  B2B Payments

Payroll service provider Paychex is introducing a new subscription service aimed at enabling small businesses to ensure payroll is completed on time without the risk...

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Bank Of England Consolidates Bacs, Faster Payments
Bank Of England Consolidates Bacs, Faster Payments
May 02, 2018  |  B2B Payments

Two U.K. payment systems have been merged into one by the Bank of England in an effort to boost competition in the financial services space,...

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More Banks See Value In Faster Payments And APIs, Finds ACI Worldwide
More Banks See Value In Faster Payments And APIs, Finds ACI Worldwide
May 01, 2018  |  B2B Payments

A new survey by ACI Worldwide and Ovum found evidence that financial institutions (FIs) are more willing to open up their data via API and...

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ACH Alert Addresses Real-Time Payments Fraud For Account Holders
ACH Alert Addresses Real-Time Payments Fraud For Account Holders
May 01, 2018  |  B2B Payments

ACH security service provider ACH Alert is introducing new services aimed at helping banks and other financial service providers address the threat of payments fraud...

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Framework Bows For US Faster Payments Council
Framework Bows For US Faster Payments Council
April 25, 2018  |  Faster Payments

The Governance Framework Formation Team (GFFT) said Tuesday that it has completed a draft framework to create a new U.S. Faster Payments Council (FPC), eight...

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