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

Real-Time Payments Shape Commerce’s Next 3 Years of Evolution
Real-Time Payments Shape Commerce’s Next 3 Years of Evolution
November 29, 2022  |  Faster Payments

Three transformations will shape the trajectory of the global payments infrastructure business over the next three years, ACI Worldwide Chief Product Officer Debbie Guerra told...

READ MORE >
Post-Pandemic Real-Time Payment Trend Shapes Future of Travel
Post-Pandemic Real-Time Payment Trend Shapes Future of Travel
November 28, 2022  |  Travel Payments

Travel bans slowed the world down, but recovery points to the attraction of real-time payments. Get the Full Story Complete the form to unlock this...

READ MORE >
Equals Group to Introduce A2A Payments After Roqqett Acquisition
Equals Group to Introduce A2A Payments After Roqqett Acquisition
November 28, 2022  |  Faster Payments

Equals Group is set to acquire Roqqet in a deal subject to regulatory approval. Get the Full Story Complete the form to unlock this article...

READ MORE >
Instant Payments Help New Payments Ecosystems Blossom
Instant Payments Help New Payments Ecosystems Blossom
November 28, 2022  |  Faster Payments

Faster payments take center stage this coming year, as FedNow, the U.S.-based instant payments network, gets up and running. Get the Full Story Complete the...

READ MORE >
Africa’s Mobile Money Ecosystem Embraces Blockchain to Drive X-Border Real-Time Payments
Africa’s Mobile Money Ecosystem Embraces Blockchain to Drive X-Border Real-Time Payments
November 27, 2022  |  Blockchain

In 2020, scientists at the University of Zambia (UNZA) proposed a clearing and settlement architecture that would allow interoperability between mobile money payment networks based...

READ MORE >
BNY Mellon and Conduent Debut Digital Payments Hub
BNY Mellon and Conduent Debut Digital Payments Hub
November 22, 2022  |  Digital Payments

Business process solutions company Conduent has launched its new digital integrated payments hub, offering businesses and public sector agencies a centralized platform consolidating different payment...

READ MORE >
As RTP Turns 5, Matching Experience to Expectation Is the Challenge
As RTP Turns 5, Matching Experience to Expectation Is the Challenge
November 22, 2022  |  B2B Payments

The customer experience encompasses all of the touch points that customers take advantage of when interacting with a company’s employees, assets or operations — including...

READ MORE >
Modern Treasury Sees ‘Tectonic Shift’ of Private Innovation From FedNow Launch
Modern Treasury Sees ‘Tectonic Shift’ of Private Innovation From FedNow Launch
November 21, 2022  |  Faster Payments

In the run-up to the launch of the FedNow real-time payments platform, financial industry insiders are anticipating what the Federal Reserve’s new baby will look...

READ MORE >
Speedy Payments Keep Gig Workers Loyal to Online Platforms
Speedy Payments Keep Gig Workers Loyal to Online Platforms
November 17, 2022  |  Faster Payments

With inflation near multi-decade highs, a growing number of individuals are clocking in and logging onto platforms to take advantage of the on-demand work environment....

READ MORE >