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

Natural Disasters Highlight Insurers’ Need For Faster Payments
Natural Disasters Highlight Insurers’ Need For Faster Payments
September 06, 2023  |  Disbursements

Real-time payment ability may take on new importance amid a growing need for instant disbursments.  Get the Full Story Complete the form to unlock this...

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Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector
Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector
September 05, 2023  |  Faster Payments

Property management always has a flurry of activity in the background. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Open Banking’s Consumer Benefits Hinge on Widespread Adoption
Open Banking’s Consumer Benefits Hinge on Widespread Adoption
September 05, 2023  |  Banking

Ross McFerrin, vice president of enterprise growth at Trustly, told PYMNTS in an interview that some fundamental questions are being asked about open banking. Get the...

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From Remittances to Retail: Why Ripple Believes CBDCs Will Change Global Payments
From Remittances to Retail: Why Ripple Believes CBDCs Will Change Global Payments
September 05, 2023  |  CBDC

As currency becomes increasingly digitized, more end users are able to reap its benefits, in turn feeding an underlying network effect of increased market participants...

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GO Markets Chooses Currencycloud for Streamlined Foreign Exchange Payments
GO Markets Chooses Currencycloud for Streamlined Foreign Exchange Payments
August 30, 2023  |  Cross-border Payments

Australian CFD broker GO Markets has teamed with Currencycloud to streamline and automate client transactions. Get the Full Story Complete the form to unlock this...

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GoCardless Teams With Commusoft as Businesses Embrace Faster Payments
GoCardless Teams With Commusoft as Businesses Embrace Faster Payments
August 30, 2023  |  Partnerships

Bank payment company GoCardless has formed an open banking partnership with Commusoft. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Nearly 60% of Real Estate Firms Say Legacy Back Office Stalls Real-Time Payments Adoption
Nearly 60% of Real Estate Firms Say Legacy Back Office Stalls Real-Time Payments Adoption
August 30, 2023  |  Real Estate

Real estate firms realize that adopting faster payment methods can help forge stronger vendor-supplier partnerships, which play a critical role in shaping the industry’s business-to-business...

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Grubhub Leverages Amazon’s ‘Just Walk Out’ on Campus as Aggregators Woo Gen Z
Grubhub Leverages Amazon’s ‘Just Walk Out’ on Campus as Aggregators Woo Gen Z
August 29, 2023  |  Aggregators

Grubhub is bringing Amazon’s “Just Walk Out” checkout technology to on-campus convenience stores as aggregators compete to reach students in a bid to secure their long-term...

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Bank of America Launches Disbursements and ‘Request for Pay’ Solution in Canada
Bank of America Launches Disbursements and ‘Request for Pay’ Solution in Canada
August 29, 2023  |  Disbursements

Bank of America has launched its Global Digital Disbursements solution in Canada. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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