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

Swift Intros Rules to Speed Cross-Border Retail Payments
Swift Intros Rules to Speed Cross-Border Retail Payments
September 25, 2025  |  Cross-border Payments

Swift is introducing rules to speed cross-border payments for consumers and small businesses. Get the Full Story Complete the form to unlock this article and...

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How the Consumerization of X-Border Payments Is Reshaping Corporate Treasury
How the Consumerization of X-Border Payments Is Reshaping Corporate Treasury
September 22, 2025  |  Cross-border Payments

When corporate treasurers thought about innovation, it was typically unlikely that their minds drifted to remittance counters in Manila or Mexico. Get the Full Story...

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Stablecoins Target ‘Network of Networks’ Effect Across Global B2B Payments
Stablecoins Target ‘Network of Networks’ Effect Across Global B2B Payments
September 16, 2025  |  Cryptocurrency

Watch more: The Digital Shift Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Mastercard and Paytently Team to Promote Open Banking
Mastercard and Paytently Team to Promote Open Banking
September 11, 2025  |  Partnerships

Specialist payments orchestration platform Paytently launched an open banking partnership with Mastercard. Get the Full Story Complete the form to unlock this article and enjoy...

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Why Time to Cash Is New Benchmark for Cross-Border B2B Growth
Why Time to Cash Is New Benchmark for Cross-Border B2B Growth
September 10, 2025  |  B2B Payments

In global B2B trade, inefficiency doesn’t always look like congestion at a port or tariffs at a border. Get the Full Story Complete the form...

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Bank of America: How to Manage Global Payments Risks in Uncertain Times
Bank of America: How to Manage Global Payments Risks in Uncertain Times
September 08, 2025  |  Global Payments

Watch more: Need to Know Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Payment Labs CEO on Fixing eSports Broken Payout System
Payment Labs CEO on Fixing eSports Broken Payout System
September 05, 2025  |  Payments Innovation

Watch more: The Unsexy Payment Infrastructure Powering the Future of eSports, Creator Economies Get the Full Story Complete the form to unlock this article and...

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Postage Hikes, Delivery Frictions Turn Paper Checks Into B2B Burden
Postage Hikes, Delivery Frictions Turn Paper Checks Into B2B Burden
September 04, 2025  |  B2B Payments

In the hierarchy of business expenses, the cost of a postage stamp rarely registers. Particularly when compared to capital equipment, raw materials or enterprise software....

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South African Aims to Open Payments System to Nonbanks
South African Aims to Open Payments System to Nonbanks
August 31, 2025  |  Payments Innovation

The South African Reserve Bank (SARB) reportedly wants to let nonbanks access the country’s payments system. Get the Full Story Complete the form to unlock...

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