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)

Why ‘Skinny’ Will Make Payments Faster
Why ‘Skinny’ Will Make Payments Faster
April 07, 2016  |  Faster Payments

The Same Day ACH 2016 reality has focused the faster payments conversation in new and different ways. The April edition of the PYMNTS Faster Payments...

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Bacs Warns Of B2B Payments Disruption Amid Upgrades
Bacs Warns Of B2B Payments Disruption Amid Upgrades
April 05, 2016  |  B2B Payments

U.K. payments group Bacs is warning corporate IT managers to upgrade their systems or face potential disruption of supplier payments. Bacs Payment Schemes is advising...

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FIS, VocaLink First To Receive Faster Payments Accreditation
FIS, VocaLink First To Receive Faster Payments Accreditation
March 30, 2016  |  Faster Payments

Two FinTech companies are the first of their kind to gain accreditation for Faster Payments’ access through the New Access Model. The distinction from U.K.’s Faster Payments...

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The Fastest Path To Faster Payments In The US
The Fastest Path To Faster Payments In The US
March 28, 2016  |  Faster Payments

The path to faster payments in the U.S. doesn’t have to be paved with a 500+ person task force analyzing what the world would look...

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Early Warning Powers Top Banks’ Real-Time P2P Payments
Early Warning Powers Top Banks’ Real-Time P2P Payments
March 09, 2016  |  Faster Payments

The tech giants in the P2P payments space are about to get competition from six top U.S. banks. Early Warning, a real-time payments, authentication and risk...

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In-Field Payments For In-Field Suppliers
In-Field Payments For In-Field Suppliers
March 07, 2016  |  B2B Payments

Office-based businesses have their own challenges when it comes to digitizing procurement and finance procedures. But when that business depends on in-field operations — say, for...

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Early Warning Powers U.S. Bank’s Mobile P2P Payments
Early Warning Powers U.S. Bank’s Mobile P2P Payments
March 04, 2016  |  Faster Payments

U.S. Bank announced yesterday (March 3) that it is going live on Early Warning’s clearXchange network to bring its customers real-time P2P payments. What this...

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Who Benefits The Most From Faster Payments?
Who Benefits The Most From Faster Payments?
March 03, 2016  |  Faster Payments

With the shift to same-day and faster payments underway and millennials driving innovation, are there any potential losers with the change? In the third edition...

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