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

FIS Automates Real-Time Payments Testing For Banks
FIS Automates Real-Time Payments Testing For Banks
June 27, 2018  |  B2B Payments

As banks continue on their paths to implementing The Clearing House’s Real-Time Payments (RTP) rail, financial services firm FIS wants to ease friction of the...

READ MORE >
Amid DDoS, No Smooth Sailing For Travel Firms
Amid DDoS, No Smooth Sailing For Travel Firms
June 26, 2018  |  Security & Fraud

Faster payments are smarter payments. Safer payments are smarter payments, too. However, though speed matters, so does safety. In a world where faster payments are...

READ MORE >
Banks’ Uncertain Real-Time Payments Strategy Brings Challenges To FinTech Firms
Banks’ Uncertain Real-Time Payments Strategy Brings Challenges To FinTech Firms
June 26, 2018  |  B2B Payments

Faster payments have an uncertain future in B2B transactions. At present, payroll and gig worker payments may be the most emphasized use cases for faster...

READ MORE >
Faster Payments Takes Off For Corporates, But Not Blockchain
Faster Payments Takes Off For Corporates, But Not Blockchain
June 21, 2018  |  B2B Payments

Corporate digitization efforts are well underway, and finance departments are often prime targets for this disruption. But a company’s interest and efforts to adopt new...

READ MORE >
Paysafe, Ingo Money Deliver Same-Day Settlement To SMBs
Paysafe, Ingo Money Deliver Same-Day Settlement To SMBs
June 20, 2018  |  Partnerships / Acquisitions

Same-day settlement can be a cash flow life saver for small to mid-sized merchants. Money moved instantly, via push payments, can bring several verticals beyond...

READ MORE >
Looking For Speed In An Invoice Payments World Cup
Looking For Speed In An Invoice Payments World Cup
June 19, 2018  |  B2B Payments

When it comes to invoice payments, speed thrills, like a fast-paced World Cup match. Thus, the Late Payments World Cup. Creditsafe commissioned a study that...

READ MORE >
ClearBank Agrees To Open Account For Crypto Exchange
ClearBank Agrees To Open Account For Crypto Exchange
June 18, 2018  |  B2B Payments

U.K. bank ClearBank has reportedly agreed to open up an account for a cryptocurrency exchange, according to unnamed sources, as reported by Reuters on Friday...

READ MORE >
Sizzle Fizzle: Last Mile Sizzles, Banks Fizzle And Snapchat Splits The Difference
Sizzle Fizzle: Last Mile Sizzles, Banks Fizzle And Snapchat Splits The Difference
June 09, 2018  |  Sizzle/Fizzle

Snapchat’s Sizzly Fizzle, or Fizzly Sizzle  Usually in this column the sizzles and the fizzles are pretty distinct. But every so often there’s a player...

READ MORE >