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

Is P2P A (Good) Trojan Horse For Banks?
Is P2P A (Good) Trojan Horse For Banks?
March 27, 2019  |  Digital Payments

In mythology, the Trojan Horse is a symbol of hidden intent — a gift hiding warriors ready to slash and burn. In tech, the Trojan...

READ MORE >
The Complicated Role Of Speed In Payments And Commerce
The Complicated Role Of Speed In Payments And Commerce
March 22, 2019  |  Today In Data

Faster payments is starting to make a splash in healthcare — thought as one source cautions, innovation in B2B payments is about more than “getting faster.” Speed...

READ MORE >
Why The Netherlands Waited A Year To Roll Out PSD2
Why The Netherlands Waited A Year To Roll Out PSD2
March 22, 2019  |  Regulation

With PSD2 becoming firmly planted in the European Union (EU), more markets are integrating the regulation into their financial systems, and prepping for changes in...

READ MORE >
Wirecard On The True Path To B2B Payments Innovation
Wirecard On The True Path To B2B Payments Innovation
March 21, 2019  |  Innovation

It’s one thing to want to improve or innovate. That’s the easy part, the stuff of daydreams, scribbles, memos, charts and PowerPoint presentations. What’s harder...

READ MORE >
Data Dive, Big Launches Edition: Google, Sephora And PayPal
Data Dive, Big Launches Edition: Google, Sephora And PayPal
March 18, 2019  |  Data Dive

Mid-March is more famous for spectacular endings than big beginnings – likely because one of the more high-profile political assassinations (and BFF break-ups) in history...

READ MORE >
Why Digital Disbursements Need More Than Speed
Why Digital Disbursements Need More Than Speed
March 18, 2019  |  Faster Payments

When it comes to payments, consumers overwhelming prefer them to be faster. It’s a trend visible in the latest edition of the PYMNTS/Ingo Money Disbursements...

READ MORE >
Faster Payments: Does The Fed Have A Hidden Agenda?
Faster Payments: Does The Fed Have A Hidden Agenda?
March 18, 2019  |  Faster Payments

“Connect the dots” is used as a metaphor to describe how a series of discrete events can explain a “big picture” – often high-impact –...

READ MORE >
For Disbursement Satisfaction, Skip The Gift Cards
For Disbursement Satisfaction, Skip The Gift Cards
March 14, 2019  |  Today In Data

The way we pay and get paid is changing, and choice matters. To that end, found the latest Disbursement Satisfaction Index produced jointly by PYMNTS and...

READ MORE >
The Rise Of Faster Disbursements
The Rise Of Faster Disbursements
March 12, 2019  |  Today In Data

Consumers are becoming more comfortable with real-time disbursements amid the rise of solutions that enable payments to be delivered shortly after they are authorized. In...

READ MORE >