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

The Clearing House Taps IBM For Real-Time Payments
The Clearing House Taps IBM For Real-Time Payments
September 22, 2016  |  B2B Payments

New details have emerged about The Clearing House’s (TCH) real-time payments rollout, planned to hit the U.S. next year. Reports on Wednesday (Sept. 21) said...

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Breaking Down The Faster Payments Construct
Breaking Down The Faster Payments Construct
September 21, 2016  |  Faster Payments

The term “faster payments” brings many things to mind — Same Day ACH, real-time payments and even blockchain. But do all these initiatives serve the...

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Blockchain Firm Claims Near-Instant X-Border Payments
Blockchain Firm Claims Near-Instant X-Border Payments
September 15, 2016  |  B2B Payments

With the payments sphere accelerating towards real-time transactions, FinTech players of all types are exploring how they can be some of the first to make...

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Ready Or Not (Corporates), Here Comes Same Day ACH!
Ready Or Not (Corporates), Here Comes Same Day ACH!
September 13, 2016  |  Faster Payments

The payments industry may be more than ready for the long-awaited launch of Same Day ACH, but can the same be said for businesses and...

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Will Same Day ACH Rollout Spark A Fraud Spike?
Will Same Day ACH Rollout Spark A Fraud Spike?
September 09, 2016  |  Faster Payments

When the U.K. introduced Faster Payments, there was an increase in fraud attacks. With the U.S. Same Day ACH rollout just two weeks away and...

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Could September 23 Be A Hacker Holiday?
Could September 23 Be A Hacker Holiday?
September 08, 2016  |  Faster Payments

When the U.K. introduced Faster Payments, there was an increase in fraud attacks. With the U.S. Same Day ACH rollout just two weeks away and...

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Putting Faster Payments To Work
Putting Faster Payments To Work
September 02, 2016  |  Faster Payments

Not only is Same Day ACH speeding up payments, but it’s expected to deliver a growing number of innovative applications to both consumers and businesses...

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Matchmaker, Make More Than A Match
Matchmaker, Make More Than A Match
August 30, 2016  |  Matchmakers

Bringing buyers and sellers together is not enough when it comes to the gig economy. Ease of use and secure transactions are paramount concerns for...

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Is The Industry Really Ready For Faster ACH Payments?
Is The Industry Really Ready For Faster ACH Payments?
August 26, 2016  |  Faster Payments

It’s been a long time coming, but the countdown to Same Day ACH is almost up. The question now is: Are banks ready? In the...

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