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

Instant Payments Shield Businesses From Vendor Disruptions
Instant Payments Shield Businesses From Vendor Disruptions
June 10, 2025  |  Faster Payments

The ability for large enterprises to disburse funds instantly has become a key strategic priority, especially when demands for immediate payments are high. Get the...

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US Government Shuns Checks as GAO Highlights $43 Billion in Card Payments
US Government Shuns Checks as GAO Highlights $43 Billion in Card Payments
June 03, 2025  |  Digital Payments

In March, President Donald Trump signed an executive order that mandated a shift away from paper checks for government-related transactions. Get the Full Story Complete...

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Push-to-Debit Tops Consumer Choice for Instant Payouts
Push-to-Debit Tops Consumer Choice for Instant Payouts
June 02, 2025  |  Disbursements

Imagine you’re owed a payment, whether it’s a gig paycheck, an insurance claim or a loan disbursement. Get the Full Story Complete the form to...

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How Payments Firms Can Win Gen Z Without Chasing Every TikTok Trend
How Payments Firms Can Win Gen Z Without Chasing Every TikTok Trend
May 29, 2025  |  Payments Innovation

In an age where consumer expectations evolve at the speed of a TikTok trend, financial institutions and payment providers face an increasingly complex question: how...

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Moneta Money Bank Taps Real-Time Tech to Serve Customers Faster
Moneta Money Bank Taps Real-Time Tech to Serve Customers Faster
May 22, 2025  |  Digital Banking

Moneta Money Bank, one of the largest retail banks in the Czech Republic, is using the latest technologies to reshape how it connects with customers...

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Samsung Wallet Adds ‘Tap to Transfer’ Feature for P2P Payments
Samsung Wallet Adds ‘Tap to Transfer’ Feature for P2P Payments
May 21, 2025  |  Real-Time Payments

Samsung Wallet in the U.S. now simplifies peer-to-peer (P2P) payments with the help of Visa Tap technology and the Visa Direct money movement solution. Get the Full...

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Instant Payments Emerge as Strategic Necessity in Vendor Relations
Instant Payments Emerge as Strategic Necessity in Vendor Relations
May 20, 2025  |  Real-Time Payments

The speed of instant payments is a well-known attribute. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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CFOs Reimagine Flow of Funds as Volatility Becomes the Norm
CFOs Reimagine Flow of Funds as Volatility Becomes the Norm
May 19, 2025  |  B2B Payments

The once linear, largely predictable movement of money through corporate ecosystems is being reimagined against today’s increasingly dynamic and uncertain macro backdrop. Get the Full...

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Real-Time Payments Are Most Likely to Be Found at These Financial Institutions
Real-Time Payments Are Most Likely to Be Found at These Financial Institutions
May 15, 2025  |  Real-Time Payments

Want or need a payment instantly? Whether you’re a consumer or a business, you’re more likely to get your funds in seconds if you —...

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