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

Astra Taps Visa Direct to Offer Faster Payments
Astra Taps Visa Direct to Offer Faster Payments
August 09, 2022  |  Faster Payments

Money movement automation platform Astra is using Visa Direct, Visa’s real-time payments service. Get the Full Story Complete the form to unlock this article and...

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Ethereum 2.0 May Be Greener, but Is It Scalable Enough for Payments?
Ethereum 2.0 May Be Greener, but Is It Scalable Enough for Payments?
August 08, 2022  |  Blockchain

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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How Far and Fast Payments Have Come
How Far and Fast Payments Have Come
August 03, 2022  |  Payment Methods

“Once you’ve been bitten by the payments bug, it’s an incurable disease. It never goes away.” Get the Full Story Complete the form to unlock...

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The Clearing House Names Rusiru Gunasena to Oversee RTP
The Clearing House Names Rusiru Gunasena to Oversee RTP
August 02, 2022  |  Personnel

The Clearing House (TCH) has named 20-year payments industry veteran Rusiru Gunasena to oversee its real-time payments (RTP) network. Get the Full Story Complete the...

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RoadSync CEO Says Digital Payments Keep Truckers on the Move
RoadSync CEO Says Digital Payments Keep Truckers on the Move
August 01, 2022  |  B2B Payments

For truckers, every load is a business trip. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Gig Platforms Risk Losing 75% of Workers Over Lack of Payments Choice
Gig Platforms Risk Losing 75% of Workers Over Lack of Payments Choice
July 28, 2022  |  B2B Payments

For businesses hoping to compete for talent in the increasingly global digital marketplace, cross-border payments innovations are crucial. Get the Full Story Complete the form...

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Fed Says FedNow, Instant Invoices Put Control in Payers’ Hands
Fed Says FedNow, Instant Invoices Put Control in Payers’ Hands
July 27, 2022  |  Faster Payments

2023 will be a transformative year for financial services, marked by a new addition to the world of instant payments, Bernadette Ksepka, vice president and...

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Plaid Pilots Payments Tool to Streamline Recurring Payments
Plaid Pilots Payments Tool to Streamline Recurring Payments
July 26, 2022  |  Payment Methods

Plaid has launched a tool in beta to improve variable recurring payments (VRPs) for individual consumers and businesses in the United Kingdom, according to a...

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FinTechs Tune Up Payments to Keep Small Trucking Companies Humming
FinTechs Tune Up Payments to Keep Small Trucking Companies Humming
July 25, 2022  |  B2B Payments

It’s been a tough year for smaller players in the trucking industry, those owner-operators and small fleets who might be operating as few as one...

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