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

Mastercard and Thailand’s NITMX Team to Promote Real-Time Payments
Mastercard and Thailand’s NITMX Team to Promote Real-Time Payments
June 17, 2025  |  Partnerships

Mastercard says it is expanding its relationship with National ITMX (NITMX), the Thailand-based developer and service provider of electronic payments. Get the Full Story Complete...

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Visa and eTip Team to Help Hospitality Workers Get Tipped Faster
Visa and eTip Team to Help Hospitality Workers Get Tipped Faster
June 16, 2025  |  Real-Time Payments

Visa has teamed with eTip, a digital tipping platform for the hospitality and service industries. Get the Full Story Complete the form to unlock this...

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PayPal Turns Online Ads Into ‘Buy Now Opportunities’
PayPal Turns Online Ads Into ‘Buy Now Opportunities’
June 16, 2025  |  eCommerce

PayPal says it has developed a way to turn online ads into merchant storefronts. Get the Full Story Complete the form to unlock this article...

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Airports and Stadiums Say Mobile-First Checkout Is Big Fan Favorite
Airports and Stadiums Say Mobile-First Checkout Is Big Fan Favorite
June 13, 2025  |  POS Innovation

The roar of the crowd. The hum of a busy airport terminal. The gentle sway of a cruise ship. These environments, as varied as they...

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Payment Hubs Offer Banks a Path to Avert $98.5 Million in Annual Losses
Payment Hubs Offer Banks a Path to Avert $98.5 Million in Annual Losses
June 13, 2025  |  Banking

In a digitized financial landscape, traditional banks are facing an imperative to transform their payment infrastructures, driven by customer expectations and competition from digital-first challengers....

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Tariffs Create Tailwind For Cross-Border Digital Wallet Usage
Tariffs Create Tailwind For Cross-Border Digital Wallet Usage
June 12, 2025  |  Cross-border Payments

Beyond the headlines on tariffs, trade and their macroeconomic implications, the back and forth about exports and imports highlights the importance of smooth fund flows...

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India: No Plans to Intro New Fees on UPI Transactions
India: No Plans to Intro New Fees on UPI Transactions
June 12, 2025  |  Payments As A Service

India’s government is denying rumors of new fees on the country’s popular instant payment system. Get the Full Story Complete the form to unlock this...

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Payrails Raises $32 Million to Streamline Enterprise Payments
Payrails Raises $32 Million to Streamline Enterprise Payments
June 12, 2025  |  Fintech Investments

Berlin-based payment software FinTech Payrails has raised $32 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy...

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US Real-Time Payments Need the Cloud to Scale
US Real-Time Payments Need the Cloud to Scale
June 11, 2025  |  Real-Time Payments

The global financial ecosystem is undergoing a rapid transformation as real-time payment systems gain traction. Get the Full Story Complete the form to unlock this...

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