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

Turning Digital Bill Presentment Into the Next Consumer Touchpoint

Turning Digital Bill Presentment Into the Next Consumer Touchpoint
Turning Digital Bill Presentment Into the Next Consumer Touchpoint
March 12, 2025  |  Payments Innovation

Payments innovation often steals the spotlight from its less flashy cousin, payment advances. But beneath developments like artificial intelligence and real-time payments, bill presentment has...

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60% of Treasurers See Role as Financial GPS for Transportation Sector
60% of Treasurers See Role as Financial GPS for Transportation Sector
March 12, 2025  |  Transportation

Transportation businesses rely on roadmaps, so why are they ignoring their treasury teams? Despite their role in managing cash flow, liquidity planning and risk mitigation,...

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Brazil to Consider Requiring FinTechs to Report Transaction Values
Brazil to Consider Requiring FinTechs to Report Transaction Values
March 11, 2025  |  Legal & Regulation

The head of Brazil’s tax revenue service, Robinson Barreirinhas, said Tuesday (March 11) that evidence of money laundering may require the country to once again...

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Bad B2B Payments Are a Sales Problem With an Obvious Fix
Bad B2B Payments Are a Sales Problem With an Obvious Fix
March 11, 2025  |  B2B Payments

Word of mouth is a powerful force in B2B transactions. A company known for slow, cumbersome or error-prone payment processes can find its reputation tarnished,...

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Digital Transformation of Ledgers Powers FinTechs and Money Mobility
Digital Transformation of Ledgers Powers FinTechs and Money Mobility
March 11, 2025  |  Innovation

The ledger is a cornerstone of finance and money movement, a system of tracking fund flows that dates back over centuries. All manner of information...

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B2B Payments Are Being Remade in Gen Z’s Image
B2B Payments Are Being Remade in Gen Z’s Image
March 10, 2025  |  B2B Payments

Here’s a wake-up call for B2B firms: Generation Z decision makers rising through the business ranks want their B2B purchasing decisions and experiences to be...

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All-in-One Platforms Help Insurers Meet Customers Where They Want to Get Paid
All-in-One Platforms Help Insurers Meet Customers Where They Want to Get Paid
March 07, 2025  |  Insurance

Insurance is one of the most complex industries, marked by multiple touch points among several stakeholders — from carriers to customers, claims adjusters to contractors....

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ProcessOut and Trustly Partner to Simplify Bank Payments for Merchants
ProcessOut and Trustly Partner to Simplify Bank Payments for Merchants
March 06, 2025  |  Partnerships

ProcessOut and Trustly partnered to simplify bank payments for merchants across Europe. By integrating ProcessOut’s payment orchestration platform and Trustly’s pay-by-bank payment network, the companies...

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