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

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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Compliance Gaps Expose B2B Payments to Escalating Cyber Threats
Compliance Gaps Expose B2B Payments to Escalating Cyber Threats
August 14, 2025  |  B2B Payments

Watch more: Legacy Compliance Gaps Expose B2B Payments to Escalating Cyber Threats Get the Full Story Complete the form to unlock this article and enjoy...

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Stablecoins Get a Seat in the C-Suite
Stablecoins Get a Seat in the C-Suite
July 31, 2025  |  Cryptocurrency

Watch more: How Stablecoins Are Transforming Enterprise Financial Strategy Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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EarnIn Launches Technology Enabling Workers to Access Earnings Continuously
EarnIn Launches Technology Enabling Workers to Access Earnings Continuously
July 23, 2025  |  Personal Finance

EarnIn has launched a new technology that enables workers to access their earnings continuously, while they work. Get the Full Story Complete the form to unlock...

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The Clearing House Says RTP’s Limit Increase Drove 195% Spike Over Q1
The Clearing House Says RTP’s Limit Increase Drove 195% Spike Over Q1
July 17, 2025  |  Real-Time Payments

The Clearing House’s RTP® Network processed $481 billion in the second quarter, a 195% increase over the prior quarter. Get the Full Story Complete the...

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Cash App Debuts iPhone Tap to Pay for Business Sellers
Cash App Debuts iPhone Tap to Pay for Business Sellers
July 16, 2025  |  Digital Payments

Cash App says its business sellers now have a new way to accept contactless payments. Get the Full Story Complete the form to unlock this...

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