Faster Payments

Google Updates Wear OS for Faster Payments

Alphabet’s Google released on Thursday (July 26) its Android P Developer Beta 5, as the company moves closer to rolling out the release of its mobile operating system, reported BGR. According to the report, in addition to working on the Android release, Google is also updating Wear OS, its operating system for wearable devices.

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Creating the New Payments and Commerce Normal

The pace of payments is getting faster – because the demand and expectations are on the rise. Gig workers and those living paycheck to paycheck need access to their funds, SMBs can’t grow without them and, all around the world, governments are hearing the call and pushing to ramp up the pace.

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Faster Payments Outage: Cause Still Unknown; 8,000 Still Chasing Transactions

Two days after the backbone of the UK’s online banking system suffered a four-hour outage, nearly 8,000 people are still estimated to be chasing transactions made through the typically near-immediate Faster Payments System.

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Reflecting on the UK’s Decade of Faster Payments – And Fraud

Milestones like a 10-year anniversary often serve as times to reflect on past accomplishments. For those working closely on the U.K.’s Faster Payments system, that period of contemplation and consideration has arrived. Faster Payments has been busy over the past decade, processing more than 9.1 billion payments since first going live.

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Faster Payments Takes Off for Corporates, but Not Blockchain

Corporate digitization efforts are well underway, and finance departments are often prime targets for this disruption. But a company’s interest and efforts to adopt new technologies does not always mean that all B2B payment processes are improved.

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The Supply Chain’s Weakest Link: Payments

Getting financial institutions (FIs) on board with accepting real-time payments means assuring that doing so won’t bring any unreasonable risk.

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Draft of US Faster Payments Governance Framework Unveiled

In pursuit of a better payment system A group of payments industry stakeholders released a draft of the faster payments governance framework for the US Faster Payments Council (FPC), and is calling on the industry participants to comment.

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