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

40% of Manufacturers Say Real-Time Payments Among Most Important Innovations
40% of Manufacturers Say Real-Time Payments Among Most Important Innovations
September 25, 2023  |  Real-Time Payments

About two-thirds of manufacturers said real-time payments are an important innovation within their company. Get the Full Story Complete the form to unlock this article...

READ MORE >
Fiserv: Instant Payments Need ‘Killer Use Case’ as FedNow Service Launches
Fiserv: Instant Payments Need ‘Killer Use Case’ as FedNow Service Launches
September 25, 2023  |  Real-Time Payments

The FedNow® Service is rounding the corner into its second month of operation. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Varo Unveils Instant Payments to Anyone With US Debit Card
Varo Unveils Instant Payments to Anyone With US Debit Card
September 21, 2023  |  Real-Time Payments

Varo Bank introduced Varo to Anyone, the digital bank’s free instant payment service. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Faster Payments Means Faster, Better Fraud Fighting Tools
Faster Payments Means Faster, Better Fraud Fighting Tools
September 21, 2023  |  Fraud Prevention

According to Pradheep Sampath, CPO at Entersekt, the rise of instant payments demands a new approach to fighting fraud. Get the Full Story Complete the...

READ MORE >
Temenos and IBM Team to Help Banks Modernize Payments
Temenos and IBM Team to Help Banks Modernize Payments
September 20, 2023  |  Partnerships

Banking software platform Temenos is now part of IBM’s Cloud for Financial Services. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Treasury Prime Teams With Astra to Offer Instant Payments
Treasury Prime Teams With Astra to Offer Instant Payments
September 18, 2023  |  Partnerships

Embedded banking software firm Treasury Prime and technology company Astra have teamed to offer customers instant payments capabilities. Get the Full Story Complete the form...

READ MORE >
Payflow Raises $21 Million to Expand Earned Wage Access
Payflow Raises $21 Million to Expand Earned Wage Access
September 18, 2023  |  Payroll

Spanish FinTech Payflow has raised $21 million to expand its on-demand payment offering for employees.  Get the Full Story Complete the form to unlock this article...

READ MORE >
Ebanx Views India Expansion as ‘Center’ of Its Payments Vision
Ebanx Views India Expansion as ‘Center’ of Its Payments Vision
September 18, 2023  |  Payments As A Service

Brazilian payments company Ebanx is reportedly preparing to expand into India by year’s end. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Instant Digital Tip Access Offers Hospitality Industry Retention Solution
Instant Digital Tip Access Offers Hospitality Industry Retention Solution
September 14, 2023  |  Digital Payments

The travel and hospitality industry is experiencing a resurgence in revenue as it emerges from the impact of the COVID-19 pandemic. And to enhance the...

READ MORE >