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 Releases Same Day ACH Stats
NACHA Releases Same Day ACH Stats
January 25, 2017  |  Faster Payments

The results are in. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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EBA Clearing Testing Real-Time Payments Tool
EBA Clearing Testing Real-Time Payments Tool
January 20, 2017  |  B2B Payments

EBA Clearing, set to launch its real-time payment service across Europe later this year, has officially commenced the testing phase of its technology. Get the...

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Seeking A Better Way To Test The Newest Payments Tech
Seeking A Better Way To Test The Newest Payments Tech
January 17, 2017  |  B2B Payments

Alongside the expansion of payments technologies, payment testing service providers have had to grow and flex to meet market needs. Companies like Paragon Application Systems,...

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UK Faster Payments Scheme Eases Access For Developers
UK Faster Payments Scheme Eases Access For Developers
January 17, 2017  |  B2B Payments

The U.K.’s Faster Payments scheme is a critical component of the nation’s push towards real-time payments. The scheme offers real-time credits for payments made online,...

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Speed, Transparency Surface As Top Payments Priorities
Speed, Transparency Surface As Top Payments Priorities
January 13, 2017  |  B2B Payments

There are two accelerators driving payments innovation today: transparency and speed. Consequently, these two factors are also top-of-mind for today’s corporate treasurers when it comes...

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Can Faster Payments Get Banks To Take A Walk On The Wild Side?
Can Faster Payments Get Banks To Take A Walk On The Wild Side?
January 12, 2017  |  Faster Payments

Who’s afraid of faster payments? Banks for starters. While the idea of delivering payments between parties at a considerably faster rate might sound appealing to...

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EU Sets Goal Of Half-Cent Cross-Border Transactions
EU Sets Goal Of Half-Cent Cross-Border Transactions
January 11, 2017  |  B2B Payments

The European Central Bank (ECB) is moving closer towards its goal to streamline payments across EU Member States and to make those transactions far cheaper....

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Faster Payments Tracker: Will Faster Payments Take Banks For A Walk On The Wild Side?
Faster Payments Tracker: Will Faster Payments Take Banks For A Walk On The Wild Side?
January 11, 2017  |  Faster Payments

When it comes to faster payments, we have decidedly achieved liftoff. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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TreasuryXpress Gives Corporate Payments An Upgrade
TreasuryXpress Gives Corporate Payments An Upgrade
January 06, 2017  |  B2B Payments

Treasury management software company TreasuryXpress is giving its corporate clients a payments boost via a new upgrade to C2Treasury. Get the Full Story Complete the...

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