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

NACHA Picks Bottomline As B2B Payments Partner
NACHA Picks Bottomline As B2B Payments Partner
November 30, 2017  |  B2B Payments

NACHA has revealed news that B2B payments company Bottomline Technologies is its newest partner. Get the Full Story Complete the form to unlock this article...

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When It Comes To Corporates, Faster Payments Aren’t Always About Speed
When It Comes To Corporates, Faster Payments Aren’t Always About Speed
November 17, 2017  |  B2B Payments

Corporates aren’t that interested in real-time payments. At least, that’s according to a report from the EuroFinance Corporate Treasury Network published last month, which found...

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Modulr Integrates With Faster Payments, Accelerates B2B Transactions
Modulr Integrates With Faster Payments, Accelerates B2B Transactions
November 16, 2017  |  B2B Payments

Modulr, a U.K. company that operates an API-driven payments platform for corporate payments, announced news on Wednesday (Nov. 15) that it has integrated with the nation’s...

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Faster Payments And The Fed, Two Years On
Faster Payments And The Fed, Two Years On
November 15, 2017  |  Faster Payments

The year 2020 looms large in the payments realm, marked off by the Federal Reserve as the year faster payments are to be truly commonplace,...

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Research Brings Little Hope For Faster B2B Payments In Construction
Research Brings Little Hope For Faster B2B Payments In Construction
November 14, 2017  |  B2B Payments

No industry is immune to the problem of late invoice payments, which has become a particular challenge for companies in the U.K. market. Get the...

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Real-Time Payments Successfully Gets Through Its First Test Drive
Real-Time Payments Successfully Gets Through Its First Test Drive
November 14, 2017  |  Faster Payments

The U.S.’ first new payment and clearing system in more than 40 years is up and running. At 4:59:40 p.m. on Monday (Nov. 13), $3.50 was...

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New Report: Who’s Using Same-Day ACH And Why?
New Report: Who’s Using Same-Day ACH And Why?
November 09, 2017  |  Faster Payments

Fourteen months since the Phase 1 roll out, 43 percent of financial institutions (FIs) now allow businesses to originate same-day ACH credit. Get the Full...

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B2B Not A Vital Part Of Real-Time Payments Innovation, Yet
B2B Not A Vital Part Of Real-Time Payments Innovation, Yet
November 08, 2017  |  B2B Payments

Faster payments schemes across the globe are placing new definitions on what it means to be fast, especially as more initiatives heard towards real-time transacting....

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Putting FIs Through Cybersecurity Drills To Prepare For The Next Big One
Putting FIs Through Cybersecurity Drills To Prepare For The Next Big One
November 06, 2017  |  Faster Payments

Recent cyberattacks and breaches raise an important question for U.S. companies and FIs: How to prepare for the inevitable next one? In this month’s PYMNTS...

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