Faster Payments

Faster Payments
Can Faster Payments Deliver A Sledgehammer To Construction Bureaucracy?
February 09, 2017

On the job, the most effective tool for a construction worker could be a hammer or saw or even a nail gun. But in terms of getting paid and dealing with red tape, faster payments solutions may increasingly be just as essential. For February’s Faster...

Faster Payments
NEW REPORT: Are Faster Payments Contractors’ Red Tape Slasher?
February 08, 2017

With faster payments solutions increasingly in place, businesses are discovering new tools for exchanging money. Several companies are showing an interest in faster payments solutions to help get funds exchanged quickly and efficiently. In regions around the world, including Europe and Asia, faster payments are...

Faster Payments
No Fraud Spike With Same Day ACH, Says NACHA
February 07, 2017

NACHA wants to quell any anxieties about the rollout of Same Day ACH, and the latest data from the payments group should breathe new confidence in banks that have adopted the technology. The association released the latest data on the rollout of Same Day ACH...

Faster Payments
Bottomline Implements NCR’s Faster Payments Network
February 06, 2017

NCR Corporation, a global leader in omnichannel solutions, announced that Bottomline Technologies has integrated Authentic, NCR’s intelligent transaction processing platform, into its Direct Faster Payment Service (FPS) solution. This new technology will allow U.K.-based financial institutions to connect securely to the Faster Payments network. According...

Faster Payments
NACHA Releases Same Day ACH Stats
January 25, 2017

The results are in. The Electronic Payments Association (NACHA), steward and rule maker of the ACH Network, just released findings from the Same Day ACH transaction volume data for Sept. 23–Dec. 31, 2016. Same Day ACH is an industry initiative toward faster payments. The first...

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

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 businesses and consumers, traditional banks are still beholden to their risk-averse tendencies. Along with all the latest news in the...

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

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 companies distribute funds faster between businesses, institutions and consumers. As 2017 kicks off, new developments in payments technology are expected...

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

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 fraud. According to American Banker, faster ACH payments are impacting the ability of banks to review transactions for fraud. It’s...

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

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 Model provides the ability for payments players to offer their customers real-time payments 24/7, the initiative can still be a...