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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)
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Faster PaymentsFed Launches FedNow Community For Instant Payments, Seeks Participants
The Federal Reserve has formed a FedNow Community group for its upcoming instant payment...
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B2B PaymentsGreenBox POS Enables Same Day ACH Deposits To Business Accounts
Payment solutions company GreenBox POS has announced a new Same Day ACH program to help...
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B2B PaymentsInnovation Eases The Friction Of Global Payment Rails
This week's examination of the latest in payments rails innovation finds financial service providers...
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VISAVisa’s Jack Forestell On Helping SMBs Fast Track Into The...
After many weeks and months of social distancing, the world is now actively and...
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B2B PaymentsItaly's Late B2B Payments Surge 80 Percent
The coronavirus pandemic has undoubtedly impacted B2B supplier payment practices as more companies struggle...
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B2B PaymentsHow ACH Innovation Ushers In A New Normal For Payroll
The U.S. workforce doesn’t look like it used to. The surge in gig workers...
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B2B PaymentsCorporates Play Payment Rail Musical Chairs
The coronavirus pandemic has some organizations playing payment rails musical chairs in their accounts...
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B2B PaymentsOpenPayd Loops Into SEPA For Corporate Payments
With direct access to the SEPA (Single Euro Payments Area) payment program, OpenPayd has...
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B2B PaymentsHow China Fuels Alternatives To Correspondent Banking
China is a notoriously challenging jurisdiction for foreign payment service providers to operate as...
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B2B PaymentsKyckGlobal Teams With Visa Direct To Boost Push Payments For...
Atlanta-based KyckGlobal is working with Visa to boost the use of “push payments” to...
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DisbursementsHow Mobile Technology Is Changing Insurance Claims
With the COVID-19 pandemic proving to be financially stressful, more consumers are seeking to...
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EconomyTurboTax Rolls Out Free Tool For Faster Stimulus Payments
Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus...
