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

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 >
Securing The Speed Of Securities Transactions
Securing The Speed Of Securities Transactions
February 09, 2017  |  Faster Payments

A widely used financial system with a settlement schedule two decades old. A multi-year effort to modernize and accelerate the process. A delicate balance between risk and...

READ MORE >
Bottomline Readies For SEPA Instant Credit Transfer
Bottomline Readies For SEPA Instant Credit Transfer
February 09, 2017  |  B2B Payments

Bottomline Technologies is continuing its push for faster payments. The FinTech said Wednesday (Feb. 8) that it has been selected by EBA Clearing to be...

READ MORE >
Can Faster Payments Deliver A Sledgehammer To Construction Bureaucracy?
Can Faster Payments Deliver A Sledgehammer To Construction Bureaucracy?
February 09, 2017  |  Faster Payments

On the job, the most effective tool for a construction worker could be a hammer or saw or even a nail gun. But in terms...

READ MORE >
NEW REPORT: Are Faster Payments Contractors’ Red Tape Slasher?
NEW REPORT: Are Faster Payments Contractors’ Red Tape Slasher?
February 08, 2017  |  Faster Payments

With faster payments solutions increasingly in place, businesses are discovering new tools for exchanging money. Several companies are showing an interest in faster payments solutions...

READ MORE >