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

Flywire Streamlines Tuition Payments For Indian Students
Flywire Streamlines Tuition Payments For Indian Students
October 18, 2018  |  Faster Payments

Most people know that China is the world-leading supplier of students studying abroad. As of 2017, a little more than 600,000 Chinese students left the country to...

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Russia’s Sberbank Develops Instant B2B Payments Service
Russia’s Sberbank Develops Instant B2B Payments Service
October 17, 2018  |  B2B Payments

Sberbank, Russia’s largest bank, is collaborating on a faster B2B payments solution with the financial services unit of Russian search engine Yandex. Get the Full...

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Tipalti On Automating The Yin And Yang Of B2B Payments
Tipalti On Automating The Yin And Yang Of B2B Payments
October 15, 2018  |  B2B Payments

In B2B payments, buyers want to hold onto cash. Suppliers want to get paid ASAP. The appetite for eliminating friction in that push and pull is increasing...

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Today In Data: Digital Banking Cybersecurity
Today In Data: Digital Banking Cybersecurity
October 12, 2018  |  Today In Data

With new risks come new solutions, and banks are taking this approach to data security: They are adopting technologies such as biometric authentication to protect sensitive information....

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Why Faster Payments Don’t Have To Mean Faster Fraud
Why Faster Payments Don’t Have To Mean Faster Fraud
October 12, 2018  |  Security & Fraud

For all the buzz about the advent of real-time payments, and the various opportunities it can reportedly unlock, the lingering uneasiness is that speed also brings the potential for more fraud....

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Tapping Into The Gig Economy With Faster Payments For Workers
Tapping Into The Gig Economy With Faster Payments For Workers
October 11, 2018  |  Retail

The gig economy is thriving, and workers are taking note: Approximately one-third of the U.S. workforce has participated in it in some way. Gig workers...

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Today In Data: The Three R’s of Payments – Risks, Rewards And Real Time
Today In Data: The Three R’s of Payments – Risks, Rewards And Real Time
October 10, 2018  |  Today In Data

While children are sitting in schools studying the “real” three Rs (reading, writing and arithmetic), payments peeps will be looking at the local version: risk,...

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AscendantFX Makes The Case For Wire Transfer
AscendantFX Makes The Case For Wire Transfer
October 10, 2018  |  B2B Payments

In the battle of the payment rails, a few technologies tend to dominate the conversation. When it comes to business-to-business (B2B) transactions, paper checks are...

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ToneTag CEO Sounds Off On Payments At The Speed Of Sound
ToneTag CEO Sounds Off On Payments At The Speed Of Sound
October 09, 2018  |  Payment Methods

Talk about cashless and contactless. How about payments made at the speed of sound — to be specific, using encrypted sound waves to make offline...

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