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

A Brave New World Of (Push) Insurance Payments
A Brave New World Of (Push) Insurance Payments
August 07, 2017  |  Payment Methods

Push payments have been one of the more talked-about terms in the marketplace over the last year, with many industries and companies taking the leap...

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Uber Freight Expands Into New Markets, Launches Personalized Load Matching
Uber Freight Expands Into New Markets, Launches Personalized Load Matching
August 04, 2017  |  Delivery

Uber Freight announced news of two updates to its services, expanding its focus into new markets across the country and introducing personalized load matching. The...

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Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations
Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations
August 04, 2017  |  Faster Payments

Previous stereotypes be damned, recent research pegs Millennials as entrepreneurial, with almost half the generation planning to start businesses within the next three years. For...

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Slowing Down Faster Payments Fraud
Slowing Down Faster Payments Fraud
August 03, 2017  |  Security & Fraud

Fraudsters are good at what they do. Payments got faster, but so did criminals. Banks built more defenses, and bad guys jumped over them with...

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NEW REPORT: The Community Banks’ Faster Payments Wake-Up Call
NEW REPORT: The Community Banks’ Faster Payments Wake-Up Call
August 03, 2017  |  Faster Payments

The faster payments get, the less tolerable waiting becomes for customers, businesses and other financial players. But in late July, one of the biggest waits...

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PayFacs Versus Merchants Of Record: Who Will Win?
PayFacs Versus Merchants Of Record: Who Will Win?
August 02, 2017  |  Retail

FinTech innovators love the payment facilitator (PayFac), a shift that WePay co-founder Rich Aberman outlined in Episode 1 of the Payment Facilitators series with Karen...

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Vantiv On Attracting And Keeping Developers Engaged
Vantiv On Attracting And Keeping Developers Engaged
July 26, 2017  |  Matchmakers

Developers platforms have quickly gone from being cutting edge to being something like table stakes for serious financial technology players, as Karen Webster observed in...

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What’s Fast And Slow And Read All Over?
What’s Fast And Slow And Read All Over?
July 24, 2017  |  Payment Methods

Innovative ideas are inspired by smart people who see problems and have the conviction, capital and courage to come up with new ways to solve...

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U.K.-Based Monzo Cautiously Optimistic About New Accounts
U.K.-Based Monzo Cautiously Optimistic About New Accounts
July 18, 2017  |  Digital Banking

After a stumble in its card payments, which we reported on in last week’s news cycle, U.K.-based Monzo is moving forward with its next rollout phase. Currently,...

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