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

All-in-One Payments Solutions Help SMBs Get Paid More Quickly
All-in-One Payments Solutions Help SMBs Get Paid More Quickly
August 17, 2022  |  SMBs

B2B payments — and specifically the technology underpinning those payments — has some catching up to do in order to help small- to medium-sized businesses...

READ MORE >
Businesses Using Real-Time Payments Face Less Fraud Than Those That Don’t, Says Modern Treasury
Businesses Using Real-Time Payments Face Less Fraud Than Those That Don’t, Says Modern Treasury
August 12, 2022  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
US Bank Helps Car Dealers Deliver Instant Funding
US Bank Helps Car Dealers Deliver Instant Funding
August 09, 2022  |  Loans

U.S. Bank can now provide loan funds to car dealers immediately after a loan contract is finalized by the bank, according to a Tuesday (Aug....

READ MORE >
Astra Taps Visa Direct to Offer Faster Payments
Astra Taps Visa Direct to Offer Faster Payments
August 09, 2022  |  Faster Payments

Money movement automation platform Astra is using Visa Direct, Visa’s real-time payments service. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Ethereum 2.0 May Be Greener, but Is It Scalable Enough for Payments?
Ethereum 2.0 May Be Greener, but Is It Scalable Enough for Payments?
August 08, 2022  |  Blockchain

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
How Far and Fast Payments Have Come
How Far and Fast Payments Have Come
August 03, 2022  |  Payment Methods

“Once you’ve been bitten by the payments bug, it’s an incurable disease. It never goes away.” Get the Full Story Complete the form to unlock...

READ MORE >
The Clearing House Names Rusiru Gunasena to Oversee RTP
The Clearing House Names Rusiru Gunasena to Oversee RTP
August 02, 2022  |  Personnel

The Clearing House (TCH) has named 20-year payments industry veteran Rusiru Gunasena to oversee its real-time payments (RTP) network. Get the Full Story Complete the...

READ MORE >
RoadSync CEO Says Digital Payments Keep Truckers on the Move
RoadSync CEO Says Digital Payments Keep Truckers on the Move
August 01, 2022  |  B2B Payments

For truckers, every load is a business trip. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

READ MORE >
Gig Platforms Risk Losing 75% of Workers Over Lack of Payments Choice
Gig Platforms Risk Losing 75% of Workers Over Lack of Payments Choice
July 28, 2022  |  B2B Payments

For businesses hoping to compete for talent in the increasingly global digital marketplace, cross-border payments innovations are crucial. Get the Full Story Complete the form...

READ MORE >