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)

What’s Driving Payments Innovation In Europe
What’s Driving Payments Innovation In Europe
April 16, 2015  |  News

Europe has a developed payments infrastructure, but the adoption of new innovations and the changing ways consumers pay are both affecting the continent as they...

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UK Faster Payments Up 13 Percent
UK Faster Payments Up 13 Percent
March 25, 2015  |  B2B Payments

The U.K.’s Faster Payments Service is steadily nibbling away at the British equivalent of the U.S.’s ACH funds-transfer system, but it’s rapidly displacing checks, according...

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New Fed Task Forces Aimed At Quicker, Safer Payments
New Fed Task Forces Aimed At Quicker, Safer Payments
March 19, 2015  |  News

The Federal Reserve is launching a pair of new task forces to get its real-time payments effort moving, more than two years after it began...

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Working Capital At The Touch Of a “Green Button”
Working Capital At The Touch Of a “Green Button”
February 23, 2015  |  B2B Payments

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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