PYMNTS-MonitorEdge-May-2024

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

How Faster Payments Demands Faster Reactions Against B2B Payments Fraud
How Faster Payments Demands Faster Reactions Against B2B Payments Fraud
May 03, 2017  |  B2B Payments

NACHA may have assured some banks that Same Day ACH hasn’t led to an increase in payments fraud, but concerns remain widespread about how the...

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NEW REPORT: What Faster Payments Means To Venmo — And The P2P Use Case
NEW REPORT: What Faster Payments Means To Venmo — And The P2P Use Case
May 03, 2017  |  Faster Payments

While there are plenty of tools that make it easier to get money deposited into a bank or debit card account, there aren’t many that...

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Mastercard President On How Networks Drive Innovation
Mastercard President On How Networks Drive Innovation
May 01, 2017  |  Mobile Payments

From bits of paper receipts to bytes across POS, payments have scaled technological heights globally. At an Innovation Project 2017 fireside chat, Mastercard president of Global Products...

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Why Banks — And Corporates — Still Feel The Heat From The SWIFT Hack
Why Banks — And Corporates — Still Feel The Heat From The SWIFT Hack
May 01, 2017  |  B2B Payments

It’s been more than a year since Bangladesh’s central bank was attacked by cybercriminals that took away $81 million by infiltrating the bank’s connection to...

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How DocuSign Turns Contracts Into Commerce
How DocuSign Turns Contracts Into Commerce
April 28, 2017  |  B2B Payments

Everyone knows the convenience of reviewing and signing a document anywhere at any time online, even on mobile devices. But for payments that might accompany...

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DH Corporation And Corporate One Federal Credit Union Collaborate On Real-Time Payments
DH Corporation And Corporate One Federal Credit Union Collaborate On Real-Time Payments
April 26, 2017  |  B2B Payments

Financial technologies and solutions provider DH Corporation (D+H) just recently announced it is working with Corporate One Federal Credit Union to enable access to real-time...

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NICE Actimize Targets Faster Payments Fraud
NICE Actimize Targets Faster Payments Fraud
April 21, 2017  |  B2B Payments

Financial security software firm NICE Actimize is launching a new solution to combat financial fraud using cloud technology. The company announced this week that it...

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NACHA Pinpoints B2B’s Role In Same Day ACH Adoption (So Far)
NACHA Pinpoints B2B’s Role In Same Day ACH Adoption (So Far)
April 17, 2017  |  B2B Payments

In the latest PYMNTS Faster Payments Tracker, powered by NACHA, we learned that adoption and use of Same Day ACH is on the rise, with...

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Mutual Of Omaha Bank Corporate Learning Ctr Debuts From NACHA
Mutual Of Omaha Bank Corporate Learning Ctr Debuts From NACHA
April 13, 2017  |  Faster Payments

NACHA said Wednesday that it is launching what is being billed as the Mutual of Omaha Bank Corporate Learning Center. The center, NACHA explained in an...

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