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

Rover180 Acquires Vemity To Boost AI Capabilities
Rover180 Acquires Vemity To Boost AI Capabilities
February 04, 2019  |  B2B Payments

Rover180 has acquired Vemity, an Indiana-based company that specializes in artificial intelligence (AI) automation and machine learning. Get the Full Story Complete the form to...

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Fighting Fraud In A Faster Payments Landscape
Fighting Fraud In A Faster Payments Landscape
January 31, 2019  |  B2B Payments

NACHA recently released new figures on ACH network volume, revealing earlier this week that Same-Day ACH volume grew 46 percent between Q4 2017 and Q4...

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Today In Data: Driving Contactless Adoption With Community Banks
Today In Data: Driving Contactless Adoption With Community Banks
January 25, 2019  |  Today In Data

Community banks could put more contactless cards into the hands of consumers with the help of the Independent Community Bankers of America (ICBA). At the same time, gig economy...

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Citizens Bank’s Corporate Real-Time Payments Play
Citizens Bank’s Corporate Real-Time Payments Play
January 25, 2019  |  Faster Payments

Small FIs and major retailers say the Federal Reserve can pave the way to provide a ubiquitous, real-time payments (RTP) system. However, The Clearing House...

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Why Gig Payments Need To Be Just Like Cash
Why Gig Payments Need To Be Just Like Cash
January 24, 2019  |  Payment Methods

When looking at the latest edition of the PYMNTS and Hyperwallet Gig Economy Index, there are some familiar trends. Get the Full Story Complete the...

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Who Will Lead The US To Real-Time Ubiquity By 2020?
Who Will Lead The US To Real-Time Ubiquity By 2020?
January 24, 2019  |  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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Today In Data: The Future Of Faster Payments
Today In Data: The Future Of Faster Payments
January 22, 2019  |  Today In Data

Financial Innovation Now (FIN) submitted a public letter in December, contending that the Fed was best-positioned to operate a ubiquitous, interoperable real-time payments network. Innovation, flexibility and agility...

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What Do Antilock Brakes And Instant Payments Have In Common?
What Do Antilock Brakes And Instant Payments Have In Common?
January 21, 2019  |  Faster Payments

“Can we all just agree that real-time access to money isn’t going to be an option anymore?” said Ingo Money CEO Drew Edwards. Get the Full...

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