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

Deutsche Bank On Accelerating Payments In The Digital Age
Deutsche Bank On Accelerating Payments In The Digital Age
August 07, 2020  |  Payments Innovation

Immediacy has become the name of the game for vendors and suppliers facing crumbling revenue streams. But banks can find themselves struggling to facilitate faster...

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Report: How Faster Disbursements Can Woo Millennial Investors
Report: How Faster Disbursements Can Woo Millennial Investors
August 07, 2020  |  Disbursements

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Fed Says FedNow On Track For 2023-24 Rollout
Fed Says FedNow On Track For 2023-24 Rollout
August 06, 2020  |  Payments Innovation

The Federal Reserve Board on Thursday (Aug. 6) announced details of a 24/7 year-round interbank settlement service to accelerate the time it takes to process...

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The Bank-FinTech Tie-Up Evolves
The Bank-FinTech Tie-Up Evolves
August 06, 2020  |  B2B Payments

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their...

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For SMBs, The Pressure’s On To Embrace Payroll Flexibility
For SMBs, The Pressure’s On To Embrace Payroll Flexibility
August 06, 2020  |  B2B Payments

In a pre-pandemic world, the workforce was in dramatic flux. From the rise of the gig economy and lower barriers to becoming an independent contractor...

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Deutsche Bank: Regulation Complicates B2B Payments’ Digital Transformation
Deutsche Bank: Regulation Complicates B2B Payments’ Digital Transformation
August 06, 2020  |  Payments Innovation

Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 billion noncash payments totaling $97.04 trillion in...

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Jobber Partners With Stripe To Offer Tradespeople Instant Payouts And Flexible Financing 
Jobber Partners With Stripe To Offer Tradespeople Instant Payouts And Flexible Financing 
August 04, 2020  |  Payments Innovation

Contractor-software company Jobber is expanding its partnership with payments platform Stripe to include flexible financing and instant payouts to North American clients, the companies said...

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Deep Dive: Adapting Worker Payments To The On-Demand Era
Deep Dive: Adapting Worker Payments To The On-Demand Era
August 03, 2020  |  Faster Payments

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Topcoder On Minding The Financial Security Of Technology Contractors
Topcoder On Minding The Financial Security Of Technology Contractors
July 31, 2020  |  Faster Payments

Businesses are ramping up their digital capabilities during COVID-19 and are turning to gig marketplaces for sourcing talent. But all too often these technology professionals...

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