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

JPMorgan: Embedded Payments Build New Business Models That Challenge Competitive Norms
JPMorgan: Embedded Payments Build New Business Models That Challenge Competitive Norms
August 17, 2023  |  Payment Methods

In the darkest days of the pandemic, businesses scrambled to confront supply chain pressures and meet consumers on their mobile devices. Get the Full Story...

READ MORE >
Juniper Payments: FedNow Can Spur Credit Unions to ‘Reimagine’ Financial Services
Juniper Payments: FedNow Can Spur Credit Unions to ‘Reimagine’ Financial Services
August 16, 2023  |  Real-Time Payments

Only a few weeks after launching in July, the FedNow Service promises to help transform payments, commerce and banking. Get the Full Story Complete the form to...

READ MORE >
Cross-Border Payment Solutions Give Big Lift to Small Business Growth Plans
Cross-Border Payment Solutions Give Big Lift to Small Business Growth Plans
August 16, 2023  |  Cross-border Payments

Small- to medium-sized enterprises (SMEs) help economies across the world go ’round. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
7-Eleven Australia Taps Frictionless Checkout as Shoppers Demand Convenience
7-Eleven Australia Taps Frictionless Checkout as Shoppers Demand Convenience
August 15, 2023  |  Retail

7-Eleven Australia is gearing up to roll out frictionless checkout in an effort to meet convenience store customers’ need for speed.   Get the Full Story...

READ MORE >
Matera Acquires Cinnecta to Combine AI and Instant Payments
Matera Acquires Cinnecta to Combine AI and Instant Payments
August 15, 2023  |  Acquisitions

Brazilian payments FinTech Matera has acquired artificial intelligence (AI)-powered customer retention firm Cinnecta. Get the Full Story Complete the form to unlock this article and...

READ MORE >
APIs Revolutionize Connectivity for FIs and Set Stage for Real-Time Payments Success
APIs Revolutionize Connectivity for FIs and Set Stage for Real-Time Payments Success
August 15, 2023  |  API

Application programming interfaces (APIs) are emerging as a powerful tool with the potential to revolutionize the way financial services are delivered and consumed. Get the...

READ MORE >
The Clearing House Expands Availability of Request for Payment
The Clearing House Expands Availability of Request for Payment
August 02, 2023  |  Real-Time Payments

The Clearing House has expanded the availability of a capability that enables broker dealers, billers and suppliers to request a payment from customers and receive...

READ MORE >
Form3 CEO-US Says FedNow Launch Pushes Banks to Embrace the Cloud
Form3 CEO-US Says FedNow Launch Pushes Banks to Embrace the Cloud
August 02, 2023  |  Banking

Banking in the cloud might have once been a nice-to-have, but over time has become critical to enabling the changes that banks are trying to...

READ MORE >
Flutterwave Extends Remittances Solution to US and Canada
Flutterwave Extends Remittances Solution to US and Canada
August 01, 2023  |  Global Payments

Flutterwave has extended its remittance solution to the United States and Canada, enabling money transfers from those countries to Africa. Get the Full Story Complete the...

READ MORE >