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

Breaking Away From The Bi-Weekly Payroll Tradition
Breaking Away From The Bi-Weekly Payroll Tradition
April 24, 2018  |  B2B Payments

For decades, businesses have continued the tradition of monthly or bi-weekly paydays. Even as payments accelerate, as FinTech advances and as cash flow management solutions...

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SwapsTech Develops Real-Time Payments Link For Banks
SwapsTech Develops Real-Time Payments Link For Banks
April 20, 2018  |  B2B Payments

SwapsTech has completed the development of its faster payments solution to help financial institutions link into real-time payment capabilities. Get the Full Story Complete the...

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Centtrip Launches Real-Time Payments Service For Multinational Firms
Centtrip Launches Real-Time Payments Service For Multinational Firms
April 19, 2018  |  B2B Payments

Multi-currency account provider Centtrip is introducing a way for corporates to make and receive faster cross-border payments. Get the Full Story Complete the form to...

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Instant Payments As The Rule, Not Exception For Gig Workers
Instant Payments As The Rule, Not Exception For Gig Workers
April 18, 2018  |  Gig Economy

Fast work, so … instant payments? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Sage Adds Stripe For Faster SMB Payments
Sage Adds Stripe For Faster SMB Payments
April 13, 2018  |  B2B Payments

Small business accounting company Sage announced an integration with payments software platform Stripe in the hope of accelerating payments to small and medium-sized businesses (SMBs)....

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Japan, Hong Kong Central Banks Link For Faster Payments
Japan, Hong Kong Central Banks Link For Faster Payments
April 11, 2018  |  B2B Payments

The central banks of Japan and Hong Kong are interconnecting their systems to support faster cross-border payments and trade between the two markets, according to...

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ICICI Bank Rolls Out SWIFT gpi
ICICI Bank Rolls Out SWIFT gpi
April 09, 2018  |  B2B Payments

SWIFT’s global payments initiative (gpi) service has a new bank on board. Get the Full Story Complete the form to unlock this article and enjoy...

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