faster payments
RSS faster paymentsFaster Payments beats £1bn in one day
News The Faster Payments Service (FPS) has seen £1bn of transactions processed in one day for the first time. Cheat Sheets Faster Payments Basel II MiFID ... [09 Mar 2009]
Cheat Sheet: Faster Payments Services
Cheat Sheet The advent of Faster Payments does, however, spell the end of an oft-used excuse: with FPS, debtors will no longer be able to delay payments by saying the cheque is in the post. There... [22 Sep 2008]
Faster Payments Service: Impact on IT Systems and Testing for Compliance
White Paper The existence of Faster Payments Service (FPS) demonstrates the ability of the financial sector to listen to the concerns of consumer bodies and respond to these concerns without the need for recourse to... [25 Feb 2008]
Faster Payments: All your web banking are belong to us
News Just over a year after it first launched, the Faster Payments service has taken over the vast majority of internet and phone banking payments. The Faster... [17 Sep 2009]
Faster Payments hits £53.5bn in under a year
News Faster Payments, the system designed to speed up the movement of money between banks, has now seen £53.5bn in transactions since its launch last year. In the first quarter of 2009 alone,... [18 May 2009]
Faster Payments too slow: Consumers lose £38m
News Almost a year after its launch, consumers are still not getting the benefit of the Faster Payments Service, according to the Office of Fair Trading - and could be losing millions as a result. Under the... [27 Mar 2009]
Faster payments system hits new £26bn heights
News December was a bumper month for the Faster Payments Service (FPS). Cheat Sheets Faster Payments Basel II MiFID Sarbanes-Oxley According to... [02 Jan 2009]
Faster payments ends wait for bank clearance
News Consumers will be celebrating the end of the three-day wait for payments clearing with the launch of the new faster payments service today. The OFT-driven faster... [27 May 2008]
Faster payments plan slows down
News The UK Faster Payments programme has been delayed due to testing of the system taking longer than first anticipated. The programme is aimed at allowing bank customers to complete... [13 Jul 2007]
£70bn birthday present for Faster Payments service
News One year on from the launch of the Faster Payments service and 180 million transactions - worth more than £70bn - have passed through the system. The Faster Payments... [27 May 2009]
Faster bank transfers delayed to next year
News The introduction of a service that will allow bank customers to make payments faster has been put back to May 2008 to allow enough time for the technology to be fully tested. The Faster... [15 Aug 2007]
Top 10 financial services stories of the year
News The Faster Payments system was designed to make transactions near real-time. Other issues that dominated the channel were an IT skills shortage within the financial services (FS) sector, offshoring and... [17 Dec 2007]
Banks to speed up cheque clearing times
News Government research has found the number of cheques in circulation is falling by around eight per cent per year, and this rate of decline is likely to increase substantially when a new, faster payments... [14 Nov 2006]
AppLabs Case Study: VocaLink
White Paper When implementing a high profile innovative service such as Faster Payments, one operates in an intense environment, under tight deadlines and with no room for errors. VocaLink pioneered electronic... [23 Mar 2009]
Recruitment Company Boosts Payroll Productivity by 20 Per Cent With Business Solution
White Paper Now, the team can process payments up to 20 per cent faster and ensure employees always receive their pay on time. Following the acquisition of several companies, recruitment company Imprint processed... [30 Jun 2008]
