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

Legislators Introduce Bill For Faster Payments To Small Businesses
Legislators Introduce Bill For Faster Payments To Small Businesses
March 22, 2018  |  B2B Payments

Legislative efforts to combat late supplier payments have emerged in Europe, the U.K. and Australia. Now, similar initiatives have begun in the U.S. Reports in...

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Voice And Visual: Better Together On The Echo Show
Voice And Visual: Better Together On The Echo Show
March 22, 2018  |  Voice Activation

There’s a lot that developers can do with voice, and that’s at the heart of the PYMNTS.com Voice Challenge with Amazon Alexa – but there’s...

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Currencycloud Rounds Out Global Payments Offering With AR Solution
Currencycloud Rounds Out Global Payments Offering With AR Solution
March 21, 2018  |  B2B Payments

Cross-border payments company Currencycloud is rolling out an accounts receivable solution aimed at reducing the friction of collecting payments from abroad. The company announced news on...

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Australia Central Bank Acknowledges Faster Payments’ Risk Challenge
Australia Central Bank Acknowledges Faster Payments’ Risk Challenge
March 20, 2018  |  B2B Payments

Australia has just rolled out the New Payments Platform (NPP), a system to facilitate faster payments in the country, but a recent speech by Michele Bullock,...

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Canadian Firms Want Greater Supplier Payment Choice, Survey Finds
Canadian Firms Want Greater Supplier Payment Choice, Survey Finds
March 19, 2018  |  B2B Payments

Small businesses (SMBs) in Canada want more payment options, both in how they accept payments from consumers and how they pay their suppliers, according to...

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Amex Files Blockchain Faster Payment Patent
Amex Files Blockchain Faster Payment Patent
March 16, 2018  |  B2B Payments

American Express has reportedly filed a patent related to faster payments and blockchain technology, reports in CoinDesk said. The U.S. Patent and Trademark Office released...

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Coinbase Opens A Banking Account At Barclays
Coinbase Opens A Banking Account At Barclays
March 15, 2018  |  Banking

Coinbase has announced that it is the first crypto exchange to obtain a U.K. bank account. According to CNBC, the account is with Barclays. Coinbase,...

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Fundbox Positions Its Credit Closer To B2B Payments
Fundbox Positions Its Credit Closer To B2B Payments
March 14, 2018  |  B2B Payments

Today, alternative small business (SMB) lending company Fundbox is launching Fundbox Pay, a solution the company says will move its credit offering closer to the...

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ASEAN Banks Eager For Real-Time Payments
ASEAN Banks Eager For Real-Time Payments
March 14, 2018  |  B2B Payments

Banks across the Association of Southeast Asian Nations (ASEAN) region expect real-time payments to come with some major benefits to their businesses, according to new...

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