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

In The Debate On Data Vs Money Moving, Data Comes Out On Top

Is The Bitcoin Protocol Creating A Boundary- Less Payments Process?
Is The Bitcoin Protocol Creating A Boundary- Less Payments Process?
October 02, 2014  |  Alternative Finances

Existing payment schemes were created with the understanding that payments are going to be (and stay) domestic. That old school way of thinking doesn’t reflect...

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Discover’s Parikh Taking Prepaid To New Bounds
Discover’s Parikh Taking Prepaid To New Bounds
March 27, 2014  |  Alternative Finances

Discover Financial Services has a long history of trying to do things differently, starting out with the Cashback Bonus for card transactions and no annual...

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Discover, PayPal Make Merchant Acquiring Momentum
Discover, PayPal Make Merchant Acquiring Momentum
May 07, 2013  |  Company Spotlight

On August 22, 2012, Discover and PayPal announced a partnership that positioned the two entities as real threats to the established payments landscape. Get the...

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NRF Sneak Peak: ROAM Reinvents Checkout
NRF Sneak Peak: ROAM Reinvents Checkout
January 12, 2013  |  Company Spotlight

The National Retail Federation’s giant trade and expo event – Retail’s Big Show – is kicking off in earnest this weekend, as more than 25,5000...

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