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

UK’s Peasy Offers Rewards For Faster Invoice Payments
UK’s Peasy Offers Rewards For Faster Invoice Payments
June 17, 2020  |  B2B Payments

Peasy, a new U.K.-based startup, wants to help businesses get invoices paid faster, according to a press release. Get the Full Story Complete the form...

READ MORE >
Blockchain Makes Inroads Against Cross-Border Payments Friction
Blockchain Makes Inroads Against Cross-Border Payments Friction
June 16, 2020  |  B2B Payments

Distributed ledger technology (DLT) appears to be making progress in its effort to provide the financial services ecosystem with an alternative to traditional rails, with...

READ MORE >
Easing Banks Into A Cross-Border Payments Paradigm Shift
Easing Banks Into A Cross-Border Payments Paradigm Shift
June 16, 2020  |  B2B Payments

While there are numerous points of friction in cross-border payments workflows and infrastructure, much of it can be summed up as “too many chefs in...

READ MORE >
Experts Tell Congress It’s Time To Create A ‘Digital Dollar’
Experts Tell Congress It’s Time To Create A ‘Digital Dollar’
June 12, 2020  |  Digital Payments

Trillions of dollars in federal COVID-19 stimulus payments are being disbursed through paper checks, prepaid debit cards and direct deposit — not very streamlined conduits...

READ MORE >
Payment Rails Eye Value In Cooperation
Payment Rails Eye Value In Cooperation
June 09, 2020  |  B2B Payments

Adoption of faster payments infrastructure is on the rise, particularly in the payroll sector. Get the Full Story Complete the form to unlock this article...

READ MORE >
Amadeus Partners With Troovo For B2B Travel Pay Automation
Amadeus Partners With Troovo For B2B Travel Pay Automation
June 04, 2020  |  B2B Payments

Amadeus‘ B2B wallet will now integrate Troovo‘s technology to help automate the process of virtual travel payments, according to a press release. Get the Full...

READ MORE >
Huntington Now Offers Real-Time Payments For Consumers, SMBs
Huntington Now Offers Real-Time Payments For Consumers, SMBs
June 04, 2020  |  Faster Payments

Regional bank holding company Huntington is now using the RTP network, meaning it now has a new real-time payments option to help people get money...

READ MORE >
Vector Teams With McLeod Software To Speed Up Transportation Billing
Vector Teams With McLeod Software To Speed Up Transportation Billing
June 03, 2020  |  B2B Payments

To speed up fleet and billing functions for truck drivers as well as back-office staffers, mobile capture and workflow technology company Vector has teamed with...

READ MORE >
Healthcare Leans Into Faster Payments
Healthcare Leans Into Faster Payments
June 03, 2020  |  Healthcare

Healthcare costs and healthcare payments are closely tied, but worlds apart. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >