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

ACI Worldwide Debuts Digital Central Infrastructure for Real-Time Payments
ACI Worldwide Debuts Digital Central Infrastructure for Real-Time Payments
September 12, 2023  |  Real-Time Payments

ACI Worldwide, a provider of real-time payments software, has launched an end-to-end digital central infrastructure solution designed for central banks and financial institutions. Get the...

READ MORE >
Real-Time Payments Pave Way for Further Adoption of Platform-as-a-Service Models
Real-Time Payments Pave Way for Further Adoption of Platform-as-a-Service Models
September 12, 2023  |  Payment Methods

Steve Cook, chief technology officer at Form3, said in an interview with PYMNTS that the Platform-as-a-Service model is seeing a tailwind from the rise of...

READ MORE >
The Rise of Real-Time Payments and the Future of Pay-by-Bank
The Rise of Real-Time Payments and the Future of Pay-by-Bank
September 08, 2023  |  Real-Time Payments

In recent years, the global financial landscape has witnessed a significant rise in real-time payments, a payment method that, among other things, allows for immediate...

READ MORE >
Natural Disasters Highlight Insurers’ Need For Faster Payments
Natural Disasters Highlight Insurers’ Need For Faster Payments
September 06, 2023  |  Disbursements

Real-time payment ability may take on new importance amid a growing need for instant disbursments.  Get the Full Story Complete the form to unlock this...

READ MORE >
Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector
Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector
September 05, 2023  |  Faster Payments

Property management always has a flurry of activity in the background. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Open Banking’s Consumer Benefits Hinge on Widespread Adoption
Open Banking’s Consumer Benefits Hinge on Widespread Adoption
September 05, 2023  |  Banking

Ross McFerrin, vice president of enterprise growth at Trustly, told PYMNTS in an interview that some fundamental questions are being asked about open banking. Get the...

READ MORE >
From Remittances to Retail: Why Ripple Believes CBDCs Will Change Global Payments
From Remittances to Retail: Why Ripple Believes CBDCs Will Change Global Payments
September 05, 2023  |  CBDC

As currency becomes increasingly digitized, more end users are able to reap its benefits, in turn feeding an underlying network effect of increased market participants...

READ MORE >
GO Markets Chooses Currencycloud for Streamlined Foreign Exchange Payments
GO Markets Chooses Currencycloud for Streamlined Foreign Exchange Payments
August 30, 2023  |  Cross-border Payments

Australian CFD broker GO Markets has teamed with Currencycloud to streamline and automate client transactions. Get the Full Story Complete the form to unlock this...

READ MORE >
GoCardless Teams With Commusoft as Businesses Embrace Faster Payments
GoCardless Teams With Commusoft as Businesses Embrace Faster Payments
August 30, 2023  |  Partnerships

Bank payment company GoCardless has formed an open banking partnership with Commusoft. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >