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

Visa And YellowPepper Come Together To Fight Payments Fragmentation In LATAM
Visa And YellowPepper Come Together To Fight Payments Fragmentation In LATAM
October 30, 2020  |  Payments Innovation

The world of payments products and behavior has advanced tremendously over the past 15 years, but that wave of innovation has had an unfortunate side...

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U.S. Bank On Helping Businesses Pick Faster Payment Options
U.S. Bank On Helping Businesses Pick Faster Payment Options
October 29, 2020  |  Faster Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Visa To Acquire YellowPepper To Expand Network of Networks In LATAM
Visa To Acquire YellowPepper To Expand Network of Networks In LATAM
October 28, 2020  |  Partnerships / Acquisitions

Visa has inked an agreement to acquire YellowPepper, which works with startups in the Caribbean and Latin America, according to an emailed press release. Get...

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Fiserv Q3 Earnings Show Strength In Digital-First Economy
Fiserv Q3 Earnings Show Strength In Digital-First Economy
October 27, 2020  |  Earnings

After a tough second quarter, payment processor Fiserv bounced back in a big way for Q3, reporting Tuesday (Oct. 27) that it rode strong new-account...

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Contactless Interactions Help Healthcare Providers Recoup Revenue In COVID-19 Age
Contactless Interactions Help Healthcare Providers Recoup Revenue In COVID-19 Age
October 27, 2020  |  Healthcare

Over time, technology has made it easier for healthcare providers to offer flexible payment options for patients to manage their healthcare expenses. Get the Full...

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Locked Down And Looking Up: New Predictions On Pandemic Recovery
Locked Down And Looking Up: New Predictions On Pandemic Recovery
October 27, 2020  |  Economy

What does the shape of recovery look like? Even with a new surge of virus cases coming, MerchantE Chief Financial Officer Shimon Steinmetz says that...

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Citi Says Pandemic Has Accelerated Cross-Border Payments
Citi Says Pandemic Has Accelerated Cross-Border Payments
October 27, 2020  |  Cross-border Payments

The pandemic has highlighted the importance of fast and efficient cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy...

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How Payments Choice (And Faster Payments) Make X-Border Commerce D2C
How Payments Choice (And Faster Payments) Make X-Border Commerce D2C
October 23, 2020  |  Cross-border Payments

From the largest marquee names in luxury retail to artisans peddling handcrafted wares, selling direct to consumer has never been more urgent. But Emanuela Saccarola,...

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Buyers, Suppliers Converge Around Virtual Cards
Buyers, Suppliers Converge Around Virtual Cards
October 23, 2020  |  B2B Payments

For the many businesses that have managed to endure the COVID-19 crisis, embracing changes that improve their cash flow and financial flexibility has been critical....

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