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

FIs Respond to Customer Demand for Better, Seamless Bill Pay
FIs Respond to Customer Demand for Better, Seamless Bill Pay
April 08, 2022  |  Faster Payments

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

READ MORE >
PopID, Visa Partner to Debut Facial Verification Payments in the Middle East 
PopID, Visa Partner to Debut Facial Verification Payments in the Middle East 
April 05, 2022  |  Faster Payments

Consumer authentication service PopID and Visa have partnered to launch facial verification payment acceptance in the Middle East, the companies announced Tuesday (April 5). Get the...

READ MORE >
HubSpot on How Technology Can Help Improve the B2B Payments Experience
HubSpot on How Technology Can Help Improve the B2B Payments Experience
April 01, 2022  |  B2B Payments

It's a common complaint from B2B buyers that the purchasing process is too complicated or difficult. In the B2B Digital Payments Tracker, HubSpot’s Michael Vittum...

READ MORE >
Facebook to Launch Payment Shortcut in Messenger
Facebook to Launch Payment Shortcut in Messenger
March 29, 2022  |  Facebook

Facebook is rolling out a series of shortcuts for its chat platform Messenger, including one that makes it easier for users to send and receive...

READ MORE >
FinTech Payfare Broadens US Partnership With Visa
FinTech Payfare Broadens US Partnership With Visa
March 29, 2022  |  Faster Payments

Payfare Inc., the FinTech that allows instant payouts and digital banking solutions for the gig economy, broadened its partnership with Visa across the U.S., according...

READ MORE >
Wells Fargo’s ‘Rewards for Rent’ Card Taps Points as Currency Incentive
Wells Fargo’s ‘Rewards for Rent’ Card Taps Points as Currency Incentive
March 28, 2022  |  Credit Cards

Wells Fargo has joined forces with real estate startup Bilt to let customers earn points and miles on rent payments through a new credit card,...

READ MORE >
How Banks Can Help Ease B2B Payments Friction
How Banks Can Help Ease B2B Payments Friction
March 24, 2022  |  B2B Payments

Much like consumers, businesses increasingly need secure, streamlined payment methods that are better suited to their needs. Get the Full Story Complete the form to...

READ MORE >
Mollie Partners with Mazda on Simplified Payments
Mollie Partners with Mazda on Simplified Payments
March 24, 2022  |  Partnerships

Dutch payments service provider Mollie signed a multi-year agreement with Mazda Motor Europe to deliver frictionless payments for its new marketplace platform that’s focused on...

READ MORE >
U.S. Bank, Driveway Partner on Real-Time Payments
U.S. Bank, Driveway Partner on Real-Time Payments
March 23, 2022  |  Faster Payments

U.S. Bank and online car dealer Driveway have teamed up to pay car sellers immediately with real-time payments. Get the Full Story Complete the form...

READ MORE >