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

Faster Payments Tracker: Will Faster Payments Take Banks For A Walk On The Wild Side?
Faster Payments Tracker: Will Faster Payments Take Banks For A Walk On The Wild Side?
January 11, 2017  |  Faster Payments

When it comes to faster payments, we have decidedly achieved liftoff. Faster payments solutions are gaining traction as more companies roll out solutions to help...

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TreasuryXpress Gives Corporate Payments An Upgrade
TreasuryXpress Gives Corporate Payments An Upgrade
January 06, 2017  |  B2B Payments

Treasury management software company TreasuryXpress is giving its corporate clients a payments boost via a new upgrade to C2Treasury. The company announced Thursday (Jan. 5)...

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Questions Surround Mastercard-VocaLink Buy, For Faster Payments And Beyond
Questions Surround Mastercard-VocaLink Buy, For Faster Payments And Beyond
January 05, 2017  |  B2B Payments

As the Competition and Markets Authority raises questions about Mastercard's pending buyout of VocaLink, what might that mean for faster B2B payments?

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ACH Faster Payments Stress Fraud Protections
ACH Faster Payments Stress Fraud Protections
December 30, 2016  |  Faster Payments

Faster payments may be speeding up transactions for consumers, but it may also be putting pressure on the systems banks have in place to fight...

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UK Wants More Competition In Payments Infrastructure
UK Wants More Competition In Payments Infrastructure
December 23, 2016  |  B2B Payments

VocaLink isn’t facing enough competition in its role of providing the underlying infrastructure of key payment systems like Bacs, according to the U.K. Payment Systems...

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Regulations Keeping SMEs On Their Toes In 2017, Says Paychex
Regulations Keeping SMEs On Their Toes In 2017, Says Paychex
December 22, 2016  |  B2B Payments

SMEs in the U.S. are eyeing incoming regulations likely to impact their businesses, and small business payroll and HR firm Paychex has identified the legislation...

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ArcaPay Eyes B2B Payments Speed With Rebrand
ArcaPay Eyes B2B Payments Speed With Rebrand
December 20, 2016  |  B2B Payments

U.K. fintech company MB Transfers, which enables cross-border B2B payments, is going by a new name: ArcaPay. It’s part of the company’s effort to refocus on...

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ACI Aggregator Services Expediate Fast Payments
ACI Aggregator Services Expediate Fast Payments
December 08, 2016  |  Faster Payments

The Faster Payments scheme in the U.K. has changed the way payment service providers are approaching the immediate availability of funds. While the New Access...

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Faster Payments Finds Its Future
Faster Payments Finds Its Future
December 08, 2016  |  Faster Payments

Faster Payments are finally live in the U.S. with Same Day ACH, but that’s just the start. For the latest Faster Payments Tracker™, PYMNTS spoke...

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