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

Seeking A Better Way To Test The Newest Payments Tech
Seeking A Better Way To Test The Newest Payments Tech
January 17, 2017  |  B2B Payments

Alongside the expansion of payments technologies, payment testing service providers have had to grow and flex to meet market needs. Companies like Paragon Application Systems,...

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UK Faster Payments Scheme Eases Access For Developers
UK Faster Payments Scheme Eases Access For Developers
January 17, 2017  |  B2B Payments

The U.K.’s Faster Payments scheme is a critical component of the nation’s push towards real-time payments. The scheme offers real-time credits for payments made online,...

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Speed, Transparency Surface As Top Payments Priorities
Speed, Transparency Surface As Top Payments Priorities
January 13, 2017  |  B2B Payments

There are two accelerators driving payments innovation today: transparency and speed. Consequently, these two factors are also top-of-mind for today’s corporate treasurers when it comes...

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Can Faster Payments Get Banks To Take A Walk On The Wild Side?
Can Faster Payments Get Banks To Take A Walk On The Wild Side?
January 12, 2017  |  Faster Payments

Who’s afraid of faster payments? Banks for starters. While the idea of delivering payments between parties at a considerably faster rate might sound appealing to...

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EU Sets Goal Of Half-Cent Cross-Border Transactions
EU Sets Goal Of Half-Cent Cross-Border Transactions
January 11, 2017  |  B2B Payments

The European Central Bank (ECB) is moving closer towards its goal to streamline payments across EU Member States and to make those transactions far cheaper....

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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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