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

FedNow Head Watches Banks Race to Catch Nonbanks as Growth Surges
FedNow Head Watches Banks Race to Catch Nonbanks as Growth Surges
November 05, 2025  |  Real-Time Payments

The competition between banks and nonbanks is intensifying as customers demand faster, always-available ways to move money. Banks are finding that the FedNow® Service can...

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Adaptive CFOs Turn Payment Speed Into Market Opportunity
Adaptive CFOs Turn Payment Speed Into Market Opportunity
October 21, 2025  |  Working Capital

When finance teams finally pry open locked-up cash through external working capital solutions, the biggest question isn’t how much they’ve saved. It’s what happens next....

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Firms Tap Orchestration to Tame Chaos of Too Many Payment Options
Firms Tap Orchestration to Tame Chaos of Too Many Payment Options
October 14, 2025  |  Payments Innovation

Watch more: Need to Know: Priority, Sean Kiewiet Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Top Payments Leaders on Why Trust Is the New Currency in Real-Time Money
Top Payments Leaders on Why Trust Is the New Currency in Real-Time Money
October 07, 2025  |  Payments Innovation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Faster Payments Fuel Secure Cross-Border Trade and Quicker Refunds
Faster Payments Fuel Secure Cross-Border Trade and Quicker Refunds
October 02, 2025  |  Real-Time Payments

Watch more: Need to Know Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Citi Investor Services Extends Single Event Processing Technology to North America
Citi Investor Services Extends Single Event Processing Technology to North America
October 01, 2025  |  Banking

Citi Investor Services has begun rolling out its Single Event Processing technology in North America. Get the Full Story Complete the form to unlock this...

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HSBC Adds Real-Time Liquidity Tool for Treasurers
HSBC Adds Real-Time Liquidity Tool for Treasurers
September 30, 2025  |  Payments Innovation

HSBC launched a cash concentration solution that enables clients to optimize liquidity globally and in real time and gain greater flexibility and control over cash...

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Swift Pushes Old Payment Rails Into Blockchain Future
Swift Pushes Old Payment Rails Into Blockchain Future
September 29, 2025  |  Cross-border Payments

In business, achieving clarity often accelerates action and progress, which is more valuable than simply moving fast. Get the Full Story Complete the form to...

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Mastercard and Corpay Expand Near Real-Time Payments Partnership
Mastercard and Corpay Expand Near Real-Time Payments Partnership
September 29, 2025  |  Partnerships

Mastercard is expanding its longtime partnership with corporate payments firm Corpay. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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