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

B2B Payments Need to Be Faster, Low-Fee and Fraud-Free
B2B Payments Need to Be Faster, Low-Fee and Fraud-Free
September 06, 2022  |  B2B Payments

Although payments systems have been around for centuries, building a reliable, modern and scalable system is rife with challenges, Shruthi Murthy, head of engineering at...

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Lipis Advisors on Why US Real-Time Payments’ Usage Lags Behind Other Nations
Lipis Advisors on Why US Real-Time Payments’ Usage Lags Behind Other Nations
September 02, 2022  |  Faster Payments

Real-time payments’ popularity has soared in the United States since the 2017 introduction of The Clearing House’s RTP® network, which offered businesses and consumers an...

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US Banks and Businesses Play Real-Time Payments Catch Up
US Banks and Businesses Play Real-Time Payments Catch Up
September 01, 2022  |  Faster Payments

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Today in B2B Payments: Orbit, Axletree Partner to Offer End-to-End Treasury Automation
Today in B2B Payments: Orbit, Axletree Partner to Offer End-to-End Treasury Automation
August 18, 2022  |  B2B Payments

Today in B2B payments, new partnerships are bringing new solutions to customers. Orbit and Axletree have teamed up to offer a comprehensive treasury solution, while...

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EMEA Daily: AI Firm G42 Launches $10B Technology Fund; VertoFX Acquires Innovation Studio Locusnine
EMEA Daily: AI Firm G42 Launches $10B Technology Fund; VertoFX Acquires Innovation Studio Locusnine
August 18, 2022  |  International

Today in Europe, the Middle East and Africa (EMEA) news, G42 has partnered with the Abu Dhabi Growth Fund (ADG) to launch a $10 billion...

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Ripple, Brazil’s Travelex Bank Add Crypto-Based X-Border Payments
Ripple, Brazil’s Travelex Bank Add Crypto-Based X-Border Payments
August 18, 2022  |  Cryptocurrency

Aiming to use cryptocurrency to enable cheaper, faster cross-border payments, enterprise blockchain and crypto solution provider Ripple has teamed up with Travelex Bank to launch...

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All-in-One Payments Solutions Help SMBs Get Paid More Quickly
All-in-One Payments Solutions Help SMBs Get Paid More Quickly
August 17, 2022  |  SMBs

B2B payments — and specifically the technology underpinning those payments — has some catching up to do in order to help small- to medium-sized businesses...

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Businesses Using Real-Time Payments Face Less Fraud Than Those That Don’t, Says Modern Treasury
Businesses Using Real-Time Payments Face Less Fraud Than Those That Don’t, Says Modern Treasury
August 12, 2022  |  B2B Payments

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US Bank Helps Car Dealers Deliver Instant Funding
US Bank Helps Car Dealers Deliver Instant Funding
August 09, 2022  |  Loans

U.S. Bank can now provide loan funds to car dealers immediately after a loan contract is finalized by the bank, according to a Tuesday (Aug....

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