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

UK Payment Regulator Says Card Payments, Open Banking, Big Tech on 2022 Agenda
UK Payment Regulator Says Card Payments, Open Banking, Big Tech on 2022 Agenda
March 23, 2022  |  Regulation

The U.K. Payment System Regulator (PSR) is a fundamental piece of the regulatory payment landscape in the U.K. It has powers to set standards, impose...

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Visa Canada, DoorDash Deliver Real-Time Payments via Stripe
Visa Canada, DoorDash Deliver Real-Time Payments via Stripe
March 23, 2022  |  Faster Payments

Visa on Wednesday (March 23) announced DoorDash Fast Pay, a new feature that’s part of its collaboration with delivery platform DoorDash that enables faster payouts...

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Payfare Increases Fuel Cashback for DoorDash Drivers to 10%
Payfare Increases Fuel Cashback for DoorDash Drivers to 10%
March 22, 2022  |  Delivery

Payfare, the FinTech that allows instant payouts and digital banking solutions for the gig economy, has increased fuel purchase rewards for DoorDash workers in the...

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The Rise of ACH Payments During COVID
The Rise of ACH Payments During COVID
March 18, 2022  |  Faster Payments

ACH (automated clearinghouse) transactions have been on the rise during the COVID-19 pandemic as businesses began moving to electronic payment adoption. Get the Full Story...

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CloudPay, Visa Partner on Faster Payroll Cycles
CloudPay, Visa Partner on Faster Payroll Cycles
March 15, 2022  |  Partnerships

Global pay provider CloudPay partnered with Visa to reduce payroll payment cycles from two to three days to a few seconds, according to a joint press...

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AstroPay Payment Links Introduced in More Latam Countries
AstroPay Payment Links Introduced in More Latam Countries
March 10, 2022  |  Digital Payments

As part of its global expansion push, online payments firm AstroPay is launching its Payment Links solution in Peru, Chile, Mexico and Colombia, following its...

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Axle Debuts New Freight Carrier Payments Program
Axle Debuts New Freight Carrier Payments Program
March 10, 2022  |  Faster Payments

Axle, a payments automation and financing platform for the freight and logistics industry, on Thursday (March 10) unveiled its new carrier payments solution, Axle Wallet,...

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The Rhode Island Department of Business Regulation on Using ACH Transactions to Unlock Seamless, Secure Payments
The Rhode Island Department of Business Regulation on Using ACH Transactions to Unlock Seamless, Secure...
March 10, 2022  |  Faster Payments

Government bureaucracy and paper checks may have a long history together, but ACH is making inroads as a fast, reliable and paper-free alternative. In the...

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Today in B2B: JIFFY.ai Raises $53M for HyperApp Platform; Trucking Companies Need One-Stop Shop for Buying Used Commercial Vehicles
Today in B2B: JIFFY.ai Raises $53M for HyperApp Platform; Trucking Companies Need One-Stop Shop for...
March 09, 2022  |  B2B Payments

Today in B2B payments, payment APIs might be the key to smoother cash flow, and Billtrust teams up with Procede Software to expedite commercial vehicle...

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