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

Paymentology CEO Says Payments Has a New Legacy Problem

Paymentology CEO Says Payments Has a New Legacy Problem
Paymentology CEO Says Payments Has a New Legacy Problem
May 18, 2026  |  Technology

Watch more: The Digital Shift With Paymentology’s Jeff Parker Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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NAB Buys Banked to Speed Up Merchant Payments
NAB Buys Banked to Speed Up Merchant Payments
May 14, 2026  |  Acquisitions

National Australia Bank (NAB) acquired FinTech company Banked to help more businesses receive payments faster and at a lower cost. Get the Full Story Complete...

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Paymentology Raises $175 Million for Real-Time Processing Solutions
Paymentology Raises $175 Million for Real-Time Processing Solutions
May 12, 2026  |  Fintech Investments

Global issuer-processor Paymentology landed a $175 million private equity investment, according to a Tuesday (May 12) news release provided to PYMNTS. Get the Full Story...

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Nacha Boosts Per Payment Limit for Same Day ACH to $10 Million
Nacha Boosts Per Payment Limit for Same Day ACH to $10 Million
April 27, 2026  |  Faster Payments

Nacha is increasing its Same Day ACH per payment limit to $10 million. Get the Full Story Complete the form to unlock this article and...

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PACE Act Would Open Fed Payment Rails to FinTechs
PACE Act Would Open Fed Payment Rails to FinTechs
April 21, 2026  |  Politics

New proposed federal legislation would give more financial institutions access to federal payment systems. Get the Full Story Complete the form to unlock this article...

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CHIPS Payment System Gained 9% in Average Daily Value in 2025
CHIPS Payment System Gained 9% in Average Daily Value in 2025
April 07, 2026  |  Payments Innovation

The Clearing House’s high-value payment system, the CHIPS network, played a growing role in supporting large-value domestic and cross-border U.S. dollar payments in 2025. Get...

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FinTechs Shift From Wealth Building to Accelerating Cash Flow
FinTechs Shift From Wealth Building to Accelerating Cash Flow
March 27, 2026  |  Consumer Finance

The assumption that consumers are motivated primarily by upside has defined the go-to-market playbooks of payments companies, FinTechs and consumer brands for years. Get the...

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Consumers Judge Payouts by When the Money Lands
Consumers Judge Payouts by When the Money Lands
March 16, 2026  |  Disbursements

For much of modern banking history, waiting several days for money to arrive was treated as routine. That assumption is eroding. Get the Full Story...

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