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

65% of B2B Companies Offer Fully Digital eCommerce Capabilities
65% of B2B Companies Offer Fully Digital eCommerce Capabilities
May 24, 2022  |  B2B Payments

Interest in eCommerce channels and digital B2B payment solutions is rising, and digital-first commerce may soon outstrip in-person sales, along with the check and cash...

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Nuvei Gives Hard Rock Sportsbook Instant Deposit, Payout Capabilities
Nuvei Gives Hard Rock Sportsbook Instant Deposit, Payout Capabilities
May 18, 2022  |  Partnerships

Payment platform Nuvei has teamed up with Hard Rock Digital to offer payments services for its Hard Rock Sportsbook mobile app for players in Arizona,...

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PYMNTS AM Radar: Digitizing Collections; Need for Speed; New Wave Health; ICYMI
PYMNTS AM Radar: Digitizing Collections; Need for Speed; New Wave Health; ICYMI
May 18, 2022  |  Digital Payments

Welcome to Wednesday, May 18. Deal or no deal? Elon Musk is still insisting on more transparency before moving forward with his Twitter buy, but...

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Customer Choice Is as Important to RTP as Speed
Customer Choice Is as Important to RTP as Speed
May 18, 2022  |  Digital Payments

Whatever one’s feelings on seminal Swiss psychiatrist Carl Jung, you’ve got to admit the guy knew a thing (or two) about “duality” — two ideas...

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Egypt’s PayTabs Unveils Social Commerce Platform Paymes
Egypt’s PayTabs Unveils Social Commerce Platform Paymes
May 12, 2022  |  Social Commerce

Egyptian payment company PayTabs has launched Paymes, a new social commerce platform for customers in the Middle East/North Africa (MENA) region. Get the Full Story...

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How Grubhub Leverages Instant Payments to Improve Driver Satisfaction
How Grubhub Leverages Instant Payments to Improve Driver Satisfaction
May 12, 2022  |  Consumer Payments

The gig economy has become an appealing option for American workers seeking flexible self-employment, but delayed payouts can quickly drive these workers into financial hardship,...

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PYMNTS AM Radar: Insta Payday; Sales Channels; Packaging Africa; Crypto Compliance; ICYMI
PYMNTS AM Radar: Insta Payday; Sales Channels; Packaging Africa; Crypto Compliance; ICYMI
May 11, 2022  |  Technology

Today is Wednesday, May 11 and it’s National Eat What You Want Day, so maybe it’s time to get a few pizzas made by a...

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Blockchain Firm OwlTing, Nium Launch B2B X-Border Payments
Blockchain Firm OwlTing, Nium Launch B2B X-Border Payments
May 10, 2022  |  B2B Payments

Blockchain services company OwlTing and digital payments startup Nium have joined forces to power OwlPay, OwlTing’s real-time cross-border payments service. Get the Full Story Complete...

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Treasurers Turn to Automation to Tackle Demands of Global Commerce
Treasurers Turn to Automation to Tackle Demands of Global Commerce
May 10, 2022  |  B2B Payments

The marketplace’s digital transformation has given rise to new eCommerce ecosystems that highlight the need for payment mechanisms that are secure while matching the real-time...

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