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

Faster Payments Means Faster, Better Fraud Fighting Tools
Faster Payments Means Faster, Better Fraud Fighting Tools
September 21, 2023  |  Fraud Prevention

According to Pradheep Sampath, CPO at Entersekt, the rise of instant payments demands a new approach to fighting fraud. Get the Full Story Complete the...

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Temenos and IBM Team to Help Banks Modernize Payments
Temenos and IBM Team to Help Banks Modernize Payments
September 20, 2023  |  Partnerships

Banking software platform Temenos is now part of IBM’s Cloud for Financial Services. Get the Full Story Complete the form to unlock this article and...

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Treasury Prime Teams With Astra to Offer Instant Payments
Treasury Prime Teams With Astra to Offer Instant Payments
September 18, 2023  |  Partnerships

Embedded banking software firm Treasury Prime and technology company Astra have teamed to offer customers instant payments capabilities. Get the Full Story Complete the form...

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Payflow Raises $21 Million to Expand Earned Wage Access
Payflow Raises $21 Million to Expand Earned Wage Access
September 18, 2023  |  Payroll

Spanish FinTech Payflow has raised $21 million to expand its on-demand payment offering for employees.  Get the Full Story Complete the form to unlock this article...

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Ebanx Views India Expansion as ‘Center’ of Its Payments Vision
Ebanx Views India Expansion as ‘Center’ of Its Payments Vision
September 18, 2023  |  Payments As A Service

Brazilian payments company Ebanx is reportedly preparing to expand into India by year’s end. Get the Full Story Complete the form to unlock this article and enjoy...

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Instant Digital Tip Access Offers Hospitality Industry Retention Solution
Instant Digital Tip Access Offers Hospitality Industry Retention Solution
September 14, 2023  |  Digital Payments

The travel and hospitality industry is experiencing a resurgence in revenue as it emerges from the impact of the COVID-19 pandemic. And to enhance the...

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ACI Worldwide Debuts Digital Central Infrastructure for Real-Time Payments
ACI Worldwide Debuts Digital Central Infrastructure for Real-Time Payments
September 12, 2023  |  Real-Time Payments

ACI Worldwide, a provider of real-time payments software, has launched an end-to-end digital central infrastructure solution designed for central banks and financial institutions. Get the...

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Real-Time Payments Pave Way for Further Adoption of Platform-as-a-Service Models
Real-Time Payments Pave Way for Further Adoption of Platform-as-a-Service Models
September 12, 2023  |  Payment Methods

Steve Cook, chief technology officer at Form3, said in an interview with PYMNTS that the Platform-as-a-Service model is seeing a tailwind from the rise of...

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The Rise of Real-Time Payments and the Future of Pay-by-Bank
The Rise of Real-Time Payments and the Future of Pay-by-Bank
September 08, 2023  |  Real-Time Payments

In recent years, the global financial landscape has witnessed a significant rise in real-time payments, a payment method that, among other things, allows for immediate...

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