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

Ready Or Not (Corporates), Here Comes Same Day ACH!

Ready Or Not (Corporates), Here Comes Same Day ACH!
Ready Or Not (Corporates), Here Comes Same Day ACH!
September 13, 2016  |  Faster Payments

The payments industry may be more than ready for the long-awaited launch of Same Day ACH, but can the same be said for businesses and...

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Will Same Day ACH Rollout Spark A Fraud Spike?
Will Same Day ACH Rollout Spark A Fraud Spike?
September 09, 2016  |  Faster Payments

When the U.K. introduced Faster Payments, there was an increase in fraud attacks. With the U.S. Same Day ACH rollout just two weeks away and...

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Could September 23 Be A Hacker Holiday?
Could September 23 Be A Hacker Holiday?
September 08, 2016  |  Faster Payments

When the U.K. introduced Faster Payments, there was an increase in fraud attacks. With the U.S. Same Day ACH rollout just two weeks away and...

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Putting Faster Payments To Work
Putting Faster Payments To Work
September 02, 2016  |  Faster Payments

Not only is Same Day ACH speeding up payments, but it’s expected to deliver a growing number of innovative applications to both consumers and businesses...

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Matchmaker, Make More Than A Match
Matchmaker, Make More Than A Match
August 30, 2016  |  Matchmakers

Bringing buyers and sellers together is not enough when it comes to the gig economy. Ease of use and secure transactions are paramount concerns for...

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Is The Industry Really Ready For Faster ACH Payments?
Is The Industry Really Ready For Faster ACH Payments?
August 26, 2016  |  Faster Payments

It’s been a long time coming, but the countdown to Same Day ACH is almost up. The question now is: Are banks ready? In the...

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What Faster Payments Mean For Payday
What Faster Payments Mean For Payday
August 24, 2016  |  B2B Payments

From Same Day ACH to paycard controversies, a few recent news stories have placed payroll in center stage. At the heart of the discussion is...

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Lifting The Veil On Virtual Cards’ Shortcomings
Lifting The Veil On Virtual Cards’ Shortcomings
August 17, 2016  |  B2B Payments

Here’s a dirty little secret about the B2B payments industry that Finexio CEO Ernest Rolfson told PYMNTS: Virtual cards are a letdown. Get the Full Story...

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Compass Plus Gets Aggregator Accreditation For Faster Payments In UK
Compass Plus Gets Aggregator Accreditation For Faster Payments In UK
August 16, 2016  |  Faster Payments

Compass Plus, the electronic payments software company, announced on Monday (Aug. 15) that it has been certified as one of only five companies to gain...

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