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

How Real-Time Payments Can Right-Size Small Business Cash Flow
How Real-Time Payments Can Right-Size Small Business Cash Flow
June 28, 2023  |  SMBs

Small and medium-sized businesses (SMBs) haven’t been able to catch a break in recent years. Get the Full Story Complete the form to unlock this...

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PYMNTS Intelligence: Healthcare Payment Platforms Increase Customer Satisfaction While Reducing Costs
PYMNTS Intelligence: Healthcare Payment Platforms Increase Customer Satisfaction While Reducing Costs
June 23, 2023  |  Healthcare

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PYMNTS Intelligence: Leveraging Real-Time Payments to Aid SMBs’ Cash Flow
PYMNTS Intelligence: Leveraging Real-Time Payments to Aid SMBs’ Cash Flow
June 22, 2023  |  Real-Time Payments

With 9 in 10 SMBs receiving late payments and half now considered financially unhealthy, it’s not surprising that half are also eager to adopt real-time...

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Treasurers Forge a ‘Holistic’ View of Firms’ Financial and Technological Health
Treasurers Forge a ‘Holistic’ View of Firms’ Financial and Technological Health
June 16, 2023  |  Business

As credit becomes more expensive, businesses need to examine how they manage working capital — and how technology can help them do so. Get the...

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Visa and Sunrate Team on X-Border Business Payments
Visa and Sunrate Team on X-Border Business Payments
June 15, 2023  |  Cross-border Payments

Visa and payment and treasury management platform Sunrate have teamed to boost its cross-border payment offerings. Get the Full Story Complete the form to unlock this...

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Shopify and Volt Forge Open Banking Partnership
Shopify and Volt Forge Open Banking Partnership
June 14, 2023  |  Partnerships

eCommerce company Shopify has named Volt as its open banking partner. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Credit Unions Gear Up to Build Instant Payments Ecosystems as FedNow Looms
Credit Unions Gear Up to Build Instant Payments Ecosystems as FedNow Looms
June 13, 2023  |  Credit Unions

July 2023 will mark the second time in six years that a new real-time payments rail will go live in the United States. Get the...

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A Paycheck-to-Paycheck Consumer Needs Faster Payouts
A Paycheck-to-Paycheck Consumer Needs Faster Payouts
June 13, 2023  |  Real-Time Payments

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Data Orchestration in the Cloud Powers Fast, Flexible and Secure Payments
Data Orchestration in the Cloud Powers Fast, Flexible and Secure Payments
June 07, 2023  |  Technology

Digital services have become par for the course in modern payments and banking. Get the Full Story Complete the form to unlock this article and...

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