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

Cash App Debuts iPhone Tap to Pay for Business Sellers
Cash App Debuts iPhone Tap to Pay for Business Sellers
July 16, 2025  |  Digital Payments

Cash App says its business sellers now have a new way to accept contactless payments. Get the Full Story Complete the form to unlock this...

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Banks Risk Market Share Loss Without Instant Payment Options
Banks Risk Market Share Loss Without Instant Payment Options
July 07, 2025  |  Real-Time Payments

While real-time networks like The Clearing House’s RTP® network have surpassed 1 billion transactions, a critical gap persists. Get the Full Story Complete the form...

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The Clearing House and Comerica Expand RTP Use Cases to ‘On Behalf Of’ Use Cases
The Clearing House and Comerica Expand RTP Use Cases to ‘On Behalf Of’ Use Cases
July 02, 2025  |  Real-Time Payments

Watch more: TCH, Comerica Unlock More RTP Network Use Cases Under New Rules Get the Full Story Complete the form to unlock this article and...

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Canada’s New Real-Time Rails Get Bank of America’s Attention
Canada’s New Real-Time Rails Get Bank of America’s Attention
June 25, 2025  |  Real-Time Payments

Watch more: Bank of America Equips Canadian Businesses for Real-Time Treasury Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Tensec Raises $12 Million to Promote Real-Time X-Border Payments
Tensec Raises $12 Million to Promote Real-Time X-Border Payments
June 23, 2025  |  Cross-border Payments

Cross-border payments FinTech Tensec raised $12 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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73% of Businesses Still Use Paper to Process and Pay Suppliers
73% of Businesses Still Use Paper to Process and Pay Suppliers
June 23, 2025  |  B2B Payments

The digital transformation sweeping consumer finance is now reshaping the landscape of B2B payments, urging financial institutions and corporate clients alike to abandon antiquated methods...

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WEX Corporate Payments Chief Says Virtual Cards Adoption Needs a Strategy Refresh
WEX Corporate Payments Chief Says Virtual Cards Adoption Needs a Strategy Refresh
June 18, 2025  |  Commercial Payments

For years, B2B payments innovation has focused on driving forward the shift from paper checks to digital platforms. Get the Full Story Complete the form...

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Mastercard and Thailand’s NITMX Team to Promote Real-Time Payments
Mastercard and Thailand’s NITMX Team to Promote Real-Time Payments
June 17, 2025  |  Partnerships

Mastercard says it is expanding its relationship with National ITMX (NITMX), the Thailand-based developer and service provider of electronic payments. Get the Full Story Complete...

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Visa and eTip Team to Help Hospitality Workers Get Tipped Faster
Visa and eTip Team to Help Hospitality Workers Get Tipped Faster
June 16, 2025  |  Real-Time Payments

Visa has teamed with eTip, a digital tipping platform for the hospitality and service industries. Get the Full Story Complete the form to unlock this...

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