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

SEPA Wide Instant Payments Gains (Some) Bank Support
SEPA Wide Instant Payments Gains (Some) Bank Support
April 20, 2016  |  International

EBA Clearing, a Paris-based provider of pan-European payment infrastructure, announced yesterday (April 19) that it has the support of 40 financial institutions for the creation of...

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Payments UK Launches One-Stop Shop Standards Service
Payments UK Launches One-Stop Shop Standards Service
April 20, 2016  |  International

The trade association for the British payments industry, known as Payments UK, said on Tuesday (April 19) that it has debuted a “new one-stop shop”...

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UK SMBs Want Faster Payments
UK SMBs Want Faster Payments
April 13, 2016  |  Faster Payments

U.K. SMBs want faster payments — but how many actually care? Well, according to a new online survey from YouGov and ACI Worldwide, 48 percent...

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Faster Payments Comes To Renters
Faster Payments Comes To Renters
April 11, 2016  |  Faster Payments

A cloud-based property management software is promising to take away the pain of paying and cashing rental payments with its ACH payment processing capabilities. Rentec Direct...

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