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

Investors Open Their Wallets For B2B Payments Efficiency
Investors Open Their Wallets For B2B Payments Efficiency
October 21, 2016  |  B2B Payments

It was another stellar week for B2B FinTech startups, which announced a collective $191.8 million in venture capital and growth equity investment this week. Funding...

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Same Day ACH: Impacts At The Intersections
Same Day ACH: Impacts At The Intersections
October 18, 2016  |  Faster Payments

Same Day ACH is here and so are several other initiatives that intersect and complement its newfound faster capabilities. In the final installment of NACHA’s...

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Dion Offers EU-Compliant Real-Time Payment Tech
Dion Offers EU-Compliant Real-Time Payment Tech
October 13, 2016  |  B2B Payments

Dion has released its offering for financial institutions that are looking to speed up their payment capabilities. Dion Global Solutions announced this week the release...

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Banking’s Mark On X-Border Payments
Banking’s Mark On X-Border Payments
October 12, 2016  |  Cross Border Commerce

The dynamic nature of the cross-border space continues to spark innovation and advancements in payments. But with banking undergoing its own transformation, how will these...

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Fed To Take A Stance On Blockchain
Fed To Take A Stance On Blockchain
October 12, 2016  |  B2B Payments

Amid all of the industry stakeholders — banks, FinTech startups and advisors — discussing the potential of blockchain, perhaps the biggest one is ready to...

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Tapping Into The Blockchain For The Evolution Of Faster Payments
Tapping Into The Blockchain For The Evolution Of Faster Payments
October 06, 2016  |  Faster Payments

Clearance granted … immediately? New developments in blockchain technology could be taking faster payments to another next level. In the latest Faster Payments Tracker™, PYMNTS...

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Will The Blockchain Revolutionize Faster Payments?
Will The Blockchain Revolutionize Faster Payments?
October 05, 2016  |  Faster Payments

Clearance granted … immediately? New developments in blockchain technology could be taking Faster Payments to another next level. In the latest Faster Payments Tracker™, PYMNTS...

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Mexico Waiting On US, Canada For Real-Time Payments
Mexico Waiting On US, Canada For Real-Time Payments
September 29, 2016  |  B2B Payments

Mexico is waiting for the U.S. and Canada to grab hold of real-time payment capabilities so money can flow between its borders faster, reports said...

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