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

Compass Plus Gets Aggregator Accreditation For Faster Payments In UK

Compass Plus Gets Aggregator Accreditation For Faster Payments In UK
Compass Plus Gets Aggregator Accreditation For Faster Payments In UK
August 16, 2016  |  Faster Payments

Compass Plus, the electronic payments software company, announced on Monday (Aug. 15) that it has been certified as one of only five companies to gain...

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Banking On A Smooth Same Day ACH Rollout?
Banking On A Smooth Same Day ACH Rollout?
August 04, 2016  |  News

And now it’s here … almost. In just a few weeks, Phase 1 of Same Day ACH service goes live. What does this step toward...

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VP Of The ABA Shares Same Day ACH Perspective
VP Of The ABA Shares Same Day ACH Perspective
August 03, 2016  |  Faster Payments

And now it’s here … almost. In just a few weeks, Phase 1 of Same Day ACH service goes live. What does this step toward...

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The Logistics Of Fleet Payments
The Logistics Of Fleet Payments
August 02, 2016  |  B2B Payments

It’s not by chance that the term “logistical nightmare” has entered the corporate lexicon — it can be a massively challenging area of business. Logistics demands...

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Embracing An ISO 20022 Roadmap
Embracing An ISO 20022 Roadmap
July 25, 2016  |  B2B Payments

Dialogue continues among stakeholders in adopting an ISO framework, especially in cross-border B2B payments, and key considerations center on an incremental or more comprehensive approach...

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Mastercard On Why VocaLink – And Why Now
Mastercard On Why VocaLink – And Why Now
July 22, 2016  |  Acquiring

Since the announcement yesterday of Mastercard’s $920 million acquisition of VocaLink all eyes have been on the U.K. scale opportunity. But Michael Miebach, Mastercard’s Chief...

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When Cross-Border Payment Pain Leaves Both Sides Hurting
When Cross-Border Payment Pain Leaves Both Sides Hurting
July 20, 2016  |  Cross Border Commerce

There’s a global phenomenon afoot that takes the notion of cross-border payments to a new level – the high value-low frequency transactions made by a...

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For SMEs, It’s A Small World After All
For SMEs, It’s A Small World After All
July 19, 2016  |  B2B Payments

The U.K. referendum was a massive wakeup call to markets everywhere: The world economy truly is an interconnected web, and what happens at Point A...

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