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

Nacha Boosts Per Payment Limit for Same Day ACH to $10 Million

Nacha Boosts Per Payment Limit for Same Day ACH to $10 Million
Nacha Boosts Per Payment Limit for Same Day ACH to $10 Million
April 27, 2026  |  Faster Payments

Nacha is increasing its Same Day ACH per payment limit to $10 million. Get the Full Story Complete the form to unlock this article and...

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PACE Act Would Open Fed Payment Rails to FinTechs
PACE Act Would Open Fed Payment Rails to FinTechs
April 21, 2026  |  Politics

New proposed federal legislation would give more financial institutions access to federal payment systems. Get the Full Story Complete the form to unlock this article...

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CHIPS Payment System Gained 9% in Average Daily Value in 2025
CHIPS Payment System Gained 9% in Average Daily Value in 2025
April 07, 2026  |  Payments Innovation

The Clearing House’s high-value payment system, the CHIPS network, played a growing role in supporting large-value domestic and cross-border U.S. dollar payments in 2025. Get...

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FinTechs Shift From Wealth Building to Accelerating Cash Flow
FinTechs Shift From Wealth Building to Accelerating Cash Flow
March 27, 2026  |  Consumer Finance

The assumption that consumers are motivated primarily by upside has defined the go-to-market playbooks of payments companies, FinTechs and consumer brands for years. Get the...

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Consumers Judge Payouts by When the Money Lands
Consumers Judge Payouts by When the Money Lands
March 16, 2026  |  Disbursements

For much of modern banking history, waiting several days for money to arrive was treated as routine. That assumption is eroding. Get the Full Story...

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Bank of America and Zelle Team Up to Use Instant Payments to Fund Nonprofits
Bank of America and Zelle Team Up to Use Instant Payments to Fund Nonprofits
March 12, 2026  |  Partnerships

Zelle introduced an application that permits charitable disbursements from donor advised funds (DAFs), according to a Thursday (March 12) press release emailed to PYMNTS. Get...

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Visa and Citcon Link Up to Expand Money Movement Capabilities
Visa and Citcon Link Up to Expand Money Movement Capabilities
March 10, 2026  |  Partnerships

Merchant payments provider Citcon said it has formed a money movement-focused collaboration with Visa Direct. Get the Full Story Complete the form to unlock this...

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Banks Target June for New Swift Cross-Border Retail Payment Launch
Banks Target June for New Swift Cross-Border Retail Payment Launch
March 05, 2026  |  Cross-border Payments

A new Swift payments framework for retail transactions will begin its rollout by the end of June. Get the Full Story Complete the form to...

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Mastercard: Small Business Growth Hinges on Using Tech Better, Not Chasing Trends
Mastercard: Small Business Growth Hinges on Using Tech Better, Not Chasing Trends
February 27, 2026  |  SMBs

Watch more: What’s Next In Payments With Mastercard’s Mark Barnett Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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