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

VocaLink Proposes New Payments System To Ease SME Cash Flow

VocaLink Proposes New Payments System To Ease SME Cash Flow
VocaLink Proposes New Payments System To Ease SME Cash Flow
June 15, 2016  |  B2B Payments

Industry analysts agree that late B2B payments threaten the survival of small and medium-size enterprises. Often operating within thin margins, sometimes without easy access to...

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Putting Banks On The Fast Track Toward Faster Payments
Putting Banks On The Fast Track Toward Faster Payments
June 09, 2016  |  Faster Payments

When regulators talk, the payments ecosystem listens. PYMNTS caught up with Kathleen Oldenborg, the OCC’s Director for Payment Systems Policy, to get her take on...

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A Regulator’s View Of Faster Payments
A Regulator’s View Of Faster Payments
June 08, 2016  |  Faster Payments

When regulators talk, the payments ecosystem listens. PYMNTS caught up with Kathleen Oldenborg, the OCC’s Director for Payment Systems Policy, to get her take on...

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Mobile Outweighs Speed In Treasurers’ Payments Priorities
Mobile Outweighs Speed In Treasurers’ Payments Priorities
June 08, 2016  |  B2B Payments

PYMNTS has seen a pattern, at least anecdotally, when it comes to faster payments initiatives and corporates: Executives would rather have secure payments than faster...

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FIS Report Gauges Appetite For Real-Time Payments
FIS Report Gauges Appetite For Real-Time Payments
June 08, 2016  |  B2B Payments

Each year, for the past three years, financial services firm FIS publishes its Flavors of Fast report, an examination of various faster payments initiatives. On...

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Faster Supplier Payments Aren’t Free
Faster Supplier Payments Aren’t Free
June 02, 2016  |  B2B Payments

It’s a delicate balancing act to ensure suppliers get paid within a reasonable time frame, but corporate buyers still have an opportunity to benefit from...

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Ask For Permission, Not Forgiveness
Ask For Permission, Not Forgiveness
June 01, 2016  |  Matchmakers

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

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How To Make UK Faster Payments Faster
How To Make UK Faster Payments Faster
May 26, 2016  |  Security & Fraud

Despite gaining much ground in the UK, the Faster Payments initiative has some mileage left to cover for true universal inclusion. ACI Worldwide may have...

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Meet The New Guy In US B2B Payments
Meet The New Guy In US B2B Payments
May 26, 2016  |  B2B Payments

The drive of payments innovation, security and speed in B2B payments is fueled by more than the basic buyer-supplier commodities transaction. There are other niches of...

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