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

Payments 2018: Think This — Not That
Payments 2018: Think This — Not That
January 08, 2018  |  Payments Innovation

In 800 B.C., when people wanted to know the answer to “what’s next” about their personal futures, they flocked to Delphi and asked Pythia, the...

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Trusting In Faster Payments
Trusting In Faster Payments
January 05, 2018  |  Faster Payments

FIs are looking to get in top fiscal shape for 2018 by upping their faster payments game. In the January PYMNTS Faster Payments Tracker™, Dan Massey,...

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NEW REPORT: FI’s 2018 Resolution — Getting Fitter, Faster
NEW REPORT: FI’s 2018 Resolution — Getting Fitter, Faster
January 04, 2018  |  Faster Payments

Consumers around the world are setting their New Year’s resolutions as the calendar pages turn to 2018, and banks and financial institutions (FIs) in the United...

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Paper Checks Continue To Steal The B2B Payments Spotlight
Paper Checks Continue To Steal The B2B Payments Spotlight
December 29, 2017  |  B2B Payments

2017 may go down in B2B payments history as the year the space finally saw a bump in attention from innovators. Amid the excitement over...

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Mastercard’s Miebach On 2017’s Big Payments Breakthroughs
Mastercard’s Miebach On 2017’s Big Payments Breakthroughs
December 29, 2017  |  Merchant Innovation

While everyone is looking ahead to 2018, it’s worth a look back at some of the major payments milestones of 2017. For Michael Miebach, chief...

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How B2B Payments Could Find Its Footing In A World Moving To Real-Time
How B2B Payments Could Find Its Footing In A World Moving To Real-Time
December 28, 2017  |  B2B Payments

Faster and real-time payment initiatives broke new ground in 2017, but so far, B2B payments has yet to really find its place in an accelerated...

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Israel Considers Cryptocurrency For Faster Payments
Israel Considers Cryptocurrency For Faster Payments
December 28, 2017  |  B2B Payments

Israel could be turning to cryptocurrencies to accelerate its payments system. Reports in Reuters this week said the Bank of Israel is exploring the use...

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Accounts Payable Players Watching Zelle, Venmo In Next Phase Of Innovation
Accounts Payable Players Watching Zelle, Venmo In Next Phase Of Innovation
December 22, 2017  |  B2B Payments

This year was undoubtedly a big one for B2B payments. Some of the giants in payments and FinTech, including Mastercard and Visa, took steps to enhance their...

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Today In Data: Blockchain Savings, Payroll Solutions And Real-Time Paydays
Today In Data: Blockchain Savings, Payroll Solutions And Real-Time Paydays
December 20, 2017  |  Today In Data

Today in PYMNTS’ data, the cash-dominated pot industry is still unable to access other financial tools, blockchain could save governments billions, payroll solutions are helping...

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