PYMNTS

SEPTEMBER 27, 2018

Hong Kong has launched the Faster Payments System (FSP), which allows users to send money almost instantly using a mobile number or email address as an account proxy. Users can transfer money across different banks or SVFs, with funds available almost immediately.

Faster Payments

PYMNTS

NOVEMBER 28, 2016

was one of the first markets to truly push for faster payments with the launch of the Faster Payments Service , an initiative spearheaded by several government agencies and top banks. Several years later, the initiative has made big strides as other markets around the globe look to the U.K.

Faster Payments

PYMNTS

NOVEMBER 14, 2019

Faster Payments Shift the Landscape. Emerging payment technologies, namely, faster payment initiatives and services, are playing a significant role in not only enabling businesses and their payroll service providers to address global payroll friction, but also in transforming the payroll function at a broader level.

Payroll

PYMNTS

APRIL 8, 2016

6, 2015, speaking at the Faster Payments Imperative, NACHA CEO Jan Estep emphasized the need to continue the dialogue about what the concept of faster payments really means. “We The payments industry as a whole is beginning to understand that faster payments actually means a number of different things.

Faster Payments

PYMNTS

APRIL 24, 2018

There is a paradigm shift beginning to brew thanks to several factors, including the rise of the gig economy and faster payments, all combining to question the longstanding practice of a payday every two weeks. Barha said he is “absolutely” watching the real-time payments space.

Payroll

PYMNTS

DECEMBER 30, 2016

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take.

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