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

The Corporate Bank Account Is Becoming an Event Stream
The Corporate Bank Account Is Becoming an Event Stream
August 25, 2026  |  B2B Payments

Corporate treasury typically works in sequence. Money moves, banks record it, statements arrive, and finance teams reconcile what happened. Fast forward to today, and that...

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WorkWhile CEO Wants Earning Power to Become Finance’s Fourth Rail
WorkWhile CEO Wants Earning Power to Become Finance’s Fourth Rail
August 24, 2026  |  Gig Economy

Watch more: Monday Conversation With WorkWhile’s Simon Khalaf For a worker paid by the shift, $200 arriving tomorrow can outweigh an annual income figure that...

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How SoCalGas Eliminates 50,000 Checks With Digital Payouts
How SoCalGas Eliminates 50,000 Checks With Digital Payouts
August 24, 2026  |  Disbursements

Finance teams generally know what paper checks cost. They can calculate printing and postage expenses. They can also estimate reconciliation costs and fraud losses. But...

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Visa Direct Modernizes Government Payouts Stuck in Check Era
Visa Direct Modernizes Government Payouts Stuck in Check Era
July 29, 2026  |  Disbursements

Watch more: Visa Direct With Visa’s Curtis Webb The card infrastructure to pay constituents is already in place. The banks are ready. Your debit card...

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63% of Gen Z Hits Snags When Getting Government Disbursements
63% of Gen Z Hits Snags When Getting Government Disbursements
July 27, 2026  |  Consumer Insights

A collaboration between PYMNTS Intelligence and Visa Direct, “Moving Money at the Speed of Life: Same Payout, Different Experience With Government Disbursements,” examines how U.S....

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The Biggest RTP Rival Is the Payment System That Already Works
The Biggest RTP Rival Is the Payment System That Already Works
July 22, 2026  |  Real-Time Payments

Businesses that use real-time payments tend to see more value than businesses still deciding whether they need them at all. The divide emerged from the...

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Nium CEO Says Stablecoins’ Real Prize Is the Cash Companies Can’t See
Nium CEO Says Stablecoins’ Real Prize Is the Cash Companies Can’t See
July 21, 2026  |  Cryptocurrency

Watch more: Why Stablecoins Are A Treasury Story, Not a Crypto Story Ask any corporate treasurer how many usable dollars their company has right now...

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The Stablecoin Speed Pitch Just Met SEPA In Europe
The Stablecoin Speed Pitch Just Met SEPA In Europe
July 13, 2026  |  Cryptocurrency

Stablecoin advocates have argued that blockchain networks can and will solve problems traditional banking never could. Payments would settle in seconds instead of days. Businesses...

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85% of CFOs Say Automation Cuts Payments Friction
85% of CFOs Say Automation Cuts Payments Friction
July 13, 2026  |  Fraud Prevention

Security controls are designed to stop bad payments, but new data suggested the strongest systems may be the ones customers barely notice. The PYMNTS Intelligence...

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