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

More Workers See Career Path In Gig Economy
More Workers See Career Path In Gig Economy
August 22, 2018  |  Gig Economy

Not long ago, direct sales companies — like beauty supplier Avon and health & beauty firm Amway — offered independent agents the opportunity to earn money selling...

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Browser Or Buy Button? W3C’s Jacobs On The Payment Request API
Browser Or Buy Button? W3C’s Jacobs On The Payment Request API
August 22, 2018  |  Digital Payments

Native apps are boring and the web is not dead, said Sir Tim Berners-Lee in November of 2014, on the 25th anniversary of the commercial...

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PNC Loops Treasurers Into Real-Time Payments
PNC Loops Treasurers Into Real-Time Payments
August 21, 2018  |  B2B Payments

Less than a year after going live on The Clearing House‘s Real-Time Payments (RTP) network, PNC is now linking corporate customers of PNC Treasury Management to...

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Barclays Backs Crowdz B2B Procurement Platform With Payments Tech
Barclays Backs Crowdz B2B Procurement Platform With Payments Tech
August 20, 2018  |  B2B Payments

Barclaycard has partnered with Silicon Valley startup Crowdz to make the process of selling and finding business services easier. Get the Full Story Complete the...

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SAP Concur Tapped By Department Of Defense
SAP Concur Tapped By Department Of Defense
August 20, 2018  |  B2B Payments

Corporate travel and expense (T&E) management solutions provider SAP Concur has been chosen by the U.S. Department of Defense (DoD) to help the government body...

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Today In Data: Matching The Right Solution To The Right Problem
Today In Data: Matching The Right Solution To The Right Problem
August 15, 2018  |  Today In Data

There is always a bit of a matching game going on in payments and commerce: As solutions proliferate, there’s a race to keep up with...

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Real-Time Payments Begin To Turn Heads In Commercial Payments
Real-Time Payments Begin To Turn Heads In Commercial Payments
August 15, 2018  |  B2B Payments

A new survey released from TD Bank suggests that real-time payments technology is beginning to capture the attention of the corporate payments world. The finding...

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What B2B Payments Providers Get Right — And What Still Needs Work
What B2B Payments Providers Get Right — And What Still Needs Work
August 15, 2018  |  B2B Payments

B2B payments continues to enjoy its moment in the innovation spotlight, but the industry still has a long way to go if it’s going to...

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Today In Data: Following The Spend To New Opportunities
Today In Data: Following The Spend To New Opportunities
August 10, 2018  |  Today In Data

When in doubt about what consumers or businesses want and need, follow the money. But look sharp, as banks and FIs everywhere are focused on moving...

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