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

Can The Insurance Industry Get Aboard The Faster Payments Train?
Can The Insurance Industry Get Aboard The Faster Payments Train?
November 03, 2016  |  Faster Payments

After disaster strikes or fenders bend, time takes on new meaning. For the latest Faster Payments Tracker™, PYMNTS spoke with Chad Hauff, director of premium...

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Turkish Bank UK Partners With ACI Worldwide To Power Faster Payments
Turkish Bank UK Partners With ACI Worldwide To Power Faster Payments
November 02, 2016  |  News

Finextra reports that Turkish Bank UK has partnered with ACI Worldwide to power its Faster Payments service. Get the Full Story Complete the form to...

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Faster Payments Tracker: Ensuring A Faster Insurance Payment?
Faster Payments Tracker: Ensuring A Faster Insurance Payment?
November 02, 2016  |  Faster Payments

After disaster strikes or fenders bend, time takes on new meaning. For the latest Faster Payments Tracker™, PYMNTS spoke with Chad Hauff, director of premium...

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TransferGo Adds Real-Time Payments
TransferGo Adds Real-Time Payments
October 25, 2016  |  Faster Payments

Global money remittance provider TransferGo announced on Monday (Oct. 24) the addition of a real-time payment option called TransferGo NOW. Get the Full Story Complete...

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Visa’s Massive Bet On B2B Blockchain Payments
Visa’s Massive Bet On B2B Blockchain Payments
October 24, 2016  |  B2B Payments

The FinTech space is oversaturated with talk of blockchain technology. Today, industry players seem to agree that innovators are slowly moving from conceptualization towards testing...

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Banks Dreading The Real-Time Payments Challenge
Banks Dreading The Real-Time Payments Challenge
October 21, 2016  |  B2B Payments

Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. While they’re apprehensive about the...

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Banks Test Ripple’s Digital Asset In X-Border Payment Overhaul
Banks Test Ripple’s Digital Asset In X-Border Payment Overhaul
October 21, 2016  |  B2B Payments

The distributed ledger technology developed by Ripple is now at trial phase among FinTech innovation group R3 and 12 of its member financial institutions, as...

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Investors Open Their Wallets For B2B Payments Efficiency
Investors Open Their Wallets For B2B Payments Efficiency
October 21, 2016  |  B2B Payments

It was another stellar week for B2B FinTech startups, which announced a collective $191.8 million in venture capital and growth equity investment this week. Funding...

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