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

What Canada Can Teach The World About Faster Payments
What Canada Can Teach The World About Faster Payments
March 10, 2017  |  Faster Payments

The push for faster payments is happening around the globe, but the U.S. can look no further than our neighbors to the north for an...

READ MORE >
Can Faster Payments Meet Faster (And Higher) Consumer Expectations?
Can Faster Payments Meet Faster (And Higher) Consumer Expectations?
March 08, 2017  |  Faster Payments

Today, consumers can quickly access to digital media like music and videos on their smartphones. Should they also expect the same ease of access to...

READ MORE >
Credit Unions Explore Real-Time Payments With D+H
Credit Unions Explore Real-Time Payments With D+H
March 07, 2017  |  B2B Payments

D+H, which provides solutions to financial institutions, has announced its newest partner to promote real-time payments for corporates. The company said Monday (Mar. 6) that...

READ MORE >
NEW REPORT: Faster Payments, Happy Consumers?
NEW REPORT: Faster Payments, Happy Consumers?
March 07, 2017  |  Faster Payments

New payment solutions are not only allowing payments to be sent faster, they’re also simplifying the process for users and merchants to send money between...

READ MORE >
Repeal and Replace: The Payments Rails?
Repeal and Replace: The Payments Rails?
March 03, 2017  |  Innovation

Change is the only constant in the world of payments.  And, in a conversation ahead of the 2017 Innovation Project, Jan Estep, President and CEO...

READ MORE >
Next Generation Banking Payments via the Cloud
Next Generation Banking Payments via the Cloud
March 01, 2017  |  B2B Payments

Time is of the essence when it comes to payments, and especially as digital banking activities make inroads into traditional transactions. Ian Clowes, CEO of...

READ MORE >
FinServ At The Intersection Of ‘Expertise, Functionality And Experience’
FinServ At The Intersection Of ‘Expertise, Functionality And Experience’
February 22, 2017  |  B2B Payments

For Fiserv, a focus on financial services innovation means a focus on the end-user experience. As a company that works primarily with other financial institutions...

READ MORE >
Faster Payments, Better Validation
Faster Payments, Better Validation
February 21, 2017  |  Faster Payments

Faster payments may be the future, but getting to the future is a step-by-step journey. And a big step is making sure that transactions and...

READ MORE >
Faster Payments (Doesn’t) Mean More Fraud
Faster Payments (Doesn’t) Mean More Fraud
February 17, 2017  |  Faster Payments

Some have said that with faster payments comes more fraud — and that fraud could be on the rise due to Same Day ACH. NACHA...

READ MORE >