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)

Working Capital At The Touch Of a “Green Button”
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When Tungsten Corporation announced that it had completed the acquisition of Tungsten Bank earlier this year, it meant the B2B supply chain network servicer would...

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Existing payment schemes were created with the understanding that payments are going to be (and stay) domestic. That old school way of thinking doesn’t reflect...

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