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

South Africa’s RTP Scheme Hopes to Turn Highly Banked, Cash-Centric Consumers Into RTP Users
South Africa’s RTP Scheme Hopes to Turn Highly Banked, Cash-Centric Consumers Into RTP Users
April 10, 2023  |  Digital Payments

Compared to other African markets which have high levels of unbanked populations, more than 80% of South Africa’s population has access to a bank account....

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Instant Payouts Essential to Growing Sports Betting Industry
Instant Payouts Essential to Growing Sports Betting Industry
April 06, 2023  |  Disbursements

Sports betting has always been big business in the U.S., although historically it has been mainly limited to shadowy corners of off-track establishments, bookies or...

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80% of Larger FinTechs’ Customers Have ‘No Problems’ When Sending Money
80% of Larger FinTechs’ Customers Have ‘No Problems’ When Sending Money
April 03, 2023  |  Digital Banking

For FinTechs, the key to keeping customers lies with speed and ease, especially for money mobility. Get the Full Story Complete the form to unlock...

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Healthcare Firms Move Real-Time Payments Higher on Priority List
Healthcare Firms Move Real-Time Payments Higher on Priority List
March 24, 2023  |  Healthcare

If sector organizations haven’t already implemented real-time payments, nearly all plan on it. Get the Full Story Complete the form to unlock this article and...

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Amazon Debuts Express Payout for Faster Working Capital
Amazon Debuts Express Payout for Faster Working Capital
March 22, 2023  |  Retail

Amazon Pay has unveiled a tool to give merchants faster access to working capital. Get the Full Story Complete the form to unlock this article...

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Will FedNow’s July Launch Ignite Real-Time Payments in the US?
Will FedNow’s July Launch Ignite Real-Time Payments in the US?
March 17, 2023  |  Faster Payments

The Federal Reserve’s FedNow real-time rail debut is imminent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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JPMorgan Payments Says Invisible Payments Define Instant Checkout’s Future
JPMorgan Payments Says Invisible Payments Define Instant Checkout’s Future
March 13, 2023  |  Payment Methods

Instant checkout has been a long time coming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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AI Critical to Making Business Payments Faster and Safer
AI Critical to Making Business Payments Faster and Safer
March 03, 2023  |  B2B Payments

“Real-time payments processing is becoming a reality in B2B,” Manish Jaiswal, chief product and technology officer at Corcentric, told PYMNTS. Get the Full Story Complete...

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Modern Treasury Launches ‘Global ACH’ With Silicon Valley Bank Signing On
Modern Treasury Launches ‘Global ACH’ With Silicon Valley Bank Signing On
March 02, 2023  |  Cross-border Payments

San Francisco-based financial services platform Modern Treasury is introducing a product called “Global ACH” which it bills as “a new payment service” that enables lower-cost...

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