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

Trust Matters in B2B: How Commercial Relationships Impact Payments Innovation
Trust Matters in B2B: How Commercial Relationships Impact Payments Innovation
October 11, 2023  |  B2B Payments

Businesses that trust each other, grow together.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Research Links Quick Access to Digital Loans to Higher Default Rates
Research Links Quick Access to Digital Loans to Higher Default Rates
October 10, 2023  |  Loans

Technology broadened the lending landscape, making it easier for previously underserved populations to receive money with a speediness that would be otherwise unimaginable were it...

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How Existing Payments Infrastructure Drives Innovation at Scale
How Existing Payments Infrastructure Drives Innovation at Scale
October 10, 2023  |  Payments Innovation

The way money moves is evolving at a rapid and exciting clip. Get the Full Story Complete the form to unlock this article and enjoy...

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Can Blockchain Deliver Speed, Security and Inclusion to Global Payments?
Can Blockchain Deliver Speed, Security and Inclusion to Global Payments?
October 06, 2023  |  Blockchain

Innovative technology is on the cusp of transforming existing global payments infrastructure. Get the Full Story Complete the form to unlock this article and enjoy...

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AP Automation Helps Corporates Do More With Less
AP Automation Helps Corporates Do More With Less
October 05, 2023  |  Accounts Payable

When and how much a business gets paid can determine whether it will survive. Get the Full Story Complete the form to unlock this article...

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82% of Small Insurance Firms Forgo Instant Payments
82% of Small Insurance Firms Forgo Instant Payments
October 05, 2023  |  Real-Time Payments

The insurance industry is witnessing a surge in the adoption of real-time payments, with nearly 40% of all firms surveyed in a PYMNTS study planning...

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How Real-Time Payments Could Help Manufacturing Sector Grow
How Real-Time Payments Could Help Manufacturing Sector Grow
October 04, 2023  |  Real-Time Payments

The smokestack economy is not out of the woods yet. Manufacturing is still contracting, but growth seems to be on the horizon. Get the Full...

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Visa Wants Generative AI to Fuel Tomorrow’s Payments Ecosystem
Visa Wants Generative AI to Fuel Tomorrow’s Payments Ecosystem
October 03, 2023  |  Artificial Intelligence

The payments industry continues to be transformed and remade by the 21st century’s digital shift.  Get the Full Story Complete the form to unlock this...

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UBank and Aeropay Partner on Financial Services for Gaming Industry
UBank and Aeropay Partner on Financial Services for Gaming Industry
October 03, 2023  |  Partnerships

UBank, a Texas-based community-focused financial institution, and Aeropay, a payments technology company, have formed a strategic collaboration to provide financial services in the gaming industry. Get...

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