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 B2B Payments Innovation Is Key To China’s Global Standing
Why B2B Payments Innovation Is Key To China’s Global Standing
February 08, 2018  |  B2B Payments

B2B payments are an instrumental component of global trade and of setting the stage for currencies to operate as global instruments of cross-border trade. Get...

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Today In Data: Workplace AI, Faster Payments’ Proliferation And Snap Shares Are Up
Today In Data: Workplace AI, Faster Payments’ Proliferation And Snap Shares Are Up
February 07, 2018  |  Today In Data

Today in PYMNTS data, finance professionals are using artificial intelligence (AI) in the workplace, payment speeds have varying impacts on different-sized businesses, Snap shares officially...

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Artificial Intelligence Lands AR In Uncharted Territory
Artificial Intelligence Lands AR In Uncharted Territory
February 07, 2018  |  B2B Payments

Artificial intelligence (AI) is finding success in the back office, and that includes in financial systems and accounting departments. AI and machine learning have the...

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Canadian Firms Spending $5 Billion On Payments Processing
Canadian Firms Spending $5 Billion On Payments Processing
February 07, 2018  |  B2B Payments

A new report from Ernst and Young LLP (EY) and Payments Canada finds Canadian businesses are spending as much as $5.2 billion on payments processing....

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Real-Time Payroll: Not Just For Gig Workers
Real-Time Payroll: Not Just For Gig Workers
February 07, 2018  |  Matchmakers

Employees making $10 an hour or working gigs with companies like Uber and Lyft aren’t the only ones who struggle to make ends meet. Retail...

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Pelican Launches Real-Time Payments In The U.S.
Pelican Launches Real-Time Payments In The U.S.
February 01, 2018  |  B2B Payments

Payments technology and security company Pelican is expanding its real-time payments capabilities into the U.S. Get the Full Story Complete the form to unlock this...

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Australia’s Real-Time Payments Push Brings Cyber Fears
Australia’s Real-Time Payments Push Brings Cyber Fears
January 30, 2018  |  B2B Payments

Australia is gearing up to become the latest market to roll out a real-time payments infrastructure, but the plans are raising some security concerns, according...

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