Faster payments RSS

ACH, Automatic Clearing House, Daily News, E-Money, Faster payments, interbank payment systems, Issuing & Acquiring, Mobile Payments, Payment Systems, Payments Strategy Forum, PSPs, Remittance -

The Payment Systems Regulator (PSR) was established to promote effective competition and innovation in payment systems. Ensuring open access to participants and potential participants is a key component of this. The PSR’s open access programme has been a cornerstone of its work and is now delivering meaningful results for service-users. Over the last year the PSR says [...]

The post PSR annual – Access and governance report on payment systems appeared first on Payments Cards & Mobile.

Read more

ACH, Automatic Clearing House, Daily News, Faster payments, Issuing & Acquiring, Mobile Remittance, Processing & Systems, Remittance, US faster payments, US Payment System -

In early 2015, the Federal Reserve issued the Strategies for Improving the US Payment System paper that outlined the collective thinking of US payment system stakeholders and the Federal Reserve on desired outcomes for improving the US payment system. The desired outcomes include improvements in speed, security, efficiency, cross border payments, and industry collaboration. This [...]

The post US Payment System: Federal Reserve report urges US faster payments appeared first on Payments Cards & Mobile.

Read more

ACH, Automatic Clearing House, Contracts, Daily News, Faster payments, immediate payments, Issuing & Acquiring, Processing & Systems -

ACI Worldwide and VocaLink have announced a partnership to offer a complete end-to-end immediate payments solution to launch a domestic or regional immediate payments network. It is the first global strategic partnership of its kind and will offer participants a pre-integrated solution, enabling quicker onboarding to the payments scheme and broader reach to more scheme [...]

The post ACI and VocaLink partner to aid adoption of immediate payments appeared first on Payments Cards & Mobile.

Read more

ACH, Automatic Clearing House, Challenger banks, Daily News, Faster payments, Issuing & Acquiring, Payment Service Providers, Processing & Systems, PSPs, Remittance -

ACI Worldwide has announced a collaboration opening up access to the Faster Payments Scheme in the UK for a significant number of financial institutions, including challenger banks and payment service providers (PSPs). Historically, access to the Faster Payments Scheme for challenger banks and PSPs was restrictive, often not real-time and typically expensive. ACI’s relationship with Raphaels [...]

The post ACI enables PSPs and challenger banks to access UK Faster Payments appeared first on Payments Cards & Mobile.

Read more

ACH, Automatic Clearing House, Daily News, E-Commerce, Faster payments, PayPort, Processing & Systems, Products, VocaLink -

VocaLink has launched PayPort, an end-to-end service that offers banks and other financial institutions fast, efficient and secure access to Faster Payments without the cost of introducing a new technology infrastructure. PayPort is one of the very first platforms to be accredited under the FPSL’s new Access Model and will help facilitate a level playing field [...]

The post VocaLink launch PayPort for Faster Payments appeared first on Payments Cards & Mobile.

Read more