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

Cedar, athenahealth Tackle Digital-Focused Healthcare Payments 
Cedar, athenahealth Tackle Digital-Focused Healthcare Payments 
December 03, 2021  |  Healthcare

Healthcare financial technology platform Cedar on Friday (Dec. 3) partnered with athenahealth to make post-visit patient engagement and payment platform Cedar Pay available to healthcare...

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FinTechs Tout Stablecoin As Faster, Fee-Free Business Payment Alternative
FinTechs Tout Stablecoin As Faster, Fee-Free Business Payment Alternative
December 01, 2021  |  B2B Payments

A few weeks ago, 72 employees of Figure went into an exchange and offered their stock up for sale. Two institutional buyers then came into...

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YouTrip Raises $30M, Plans To Enter B2B Market  
YouTrip Raises $30M, Plans To Enter B2B Market  
November 30, 2021  |  Investments

Singapore’s YouTrip has raised $30 million in a Series A funding round, money the payments startup says it will use to enter the B2B payments...

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Bolt Acquires Tipser to Drive Rollout of Remote Checkout
Bolt Acquires Tipser to Drive Rollout of Remote Checkout
November 29, 2021  |  Acquisitions

Shopper network startup Bolt closed a deal to acquire embedded commerce platform Tipser for undisclosed terms. The acquisition, Bolt’s first, will drive both firms’ shared...

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PayNearMe, Pin4 Team to Allow Withdrawal of Sports Betting Wins 
PayNearMe, Pin4 Team to Allow Withdrawal of Sports Betting Wins 
November 29, 2021  |  Partnerships

Mobile cash payments platform PayNearMe is giving sports gambling winners real-time access to their winnings through an integration with FinTech Pin4, according to a Monday...

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Citi: Innovating Trade Finance Requires Instant Payments, Digital Platforms
Citi: Innovating Trade Finance Requires Instant Payments, Digital Platforms
November 29, 2021  |  Faster Payments

Tech is changing treasury — and, by extension, global payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Mastercard Acquires LATAM Real-Time Payments Platform
Mastercard Acquires LATAM Real-Time Payments Platform
November 24, 2021  |  Acquisitions

Mastercard Inc. on Wednesday (Nov. 24) announced its acquisition of Start Path program alum Arcus FI to assist with bill pay solution delivery and other...

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Visa Invests in Open Banking Platform Basiq
Visa Invests in Open Banking Platform Basiq
November 24, 2021  |  Investments

Australia-based open banking platform Basiq will use an investment from Visa to step up its API efforts, according to a Wednesday (Nov. 24) blog post...

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Paycast, Marqeta, Mastercard Collaborate on New Marketplace Card Product
Paycast, Marqeta, Mastercard Collaborate on New Marketplace Card Product
November 24, 2021  |  Partnerships

Paycast, Marqeta and Mastercard are collaborating to launch a new card product to bring marketplaces advanced payment solutions that will help sellers boost growth, according...

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