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

WSFS Bank Launches ‘Early Pay’ on Paychecks, Government Benefits
WSFS Bank Launches ‘Early Pay’ on Paychecks, Government Benefits
April 15, 2024  |  Disbursements

Wilmington, Delaware-based WSFS Bank has launched a new offering that lets customers receive eligible direct deposits from employers and recurring government benefits up to two days early....

READ MORE >
Solving the Buy-Build-Partner Equation For Cross-Border Payments
Solving the Buy-Build-Partner Equation For Cross-Border Payments
April 15, 2024  |  Cross-border Payments

It’s a big world, but ongoing cross-border payments advances are helping make it smaller.  Get the Full Story Complete the form to unlock this article...

READ MORE >
FIs Look to Advanced Technologies to Protect Faster Payments
FIs Look to Advanced Technologies to Protect Faster Payments
April 12, 2024  |  Money Mobility

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

READ MORE >
Onbe and ScrapRight Enable Digital Payouts by Scrapyards, Recycling Centers
Onbe and ScrapRight Enable Digital Payouts by Scrapyards, Recycling Centers
April 11, 2024  |  Digital Payments

Onbe and ScrapRight have partnered to help scrapyards and recycling centers make instant digital payouts to sellers. Get the Full Story Complete the form to unlock this article...

READ MORE >
Settle CEO Says GenAI Expedites Cash Flow Management
Settle CEO Says GenAI Expedites Cash Flow Management
April 11, 2024  |  artificial intelligence

The way businesses pay vendors, handle invoices and apply for financing is, in many ways, what defines and drives their business strategy.  Get the Full...

READ MORE >
ServiceUp Adds Expedited Payment Processing to Auto Repair Shop Platform
ServiceUp Adds Expedited Payment Processing to Auto Repair Shop Platform
April 10, 2024  |  Faster Payments

ServiceUp added an expedited payment processing feature to its auto repair shop management platform. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Trustly and Light & Wonder Team on Cashless Casino Deposits
Trustly and Light & Wonder Team on Cashless Casino Deposits
April 10, 2024  |  Partnerships

Trustly launched a payments partnership with games company Light & Wonder. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group
Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group
April 09, 2024  |  Mastercard

Mastercard realigned its organizational structure to support its strategic priorities and position itself for “the next era of growth.” Get the Full Story Complete the form...

READ MORE >
Gig Economy and Gaming Push Instant Payments Forward
Gig Economy and Gaming Push Instant Payments Forward
April 09, 2024  |  Money Mobility

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

READ MORE >