Tagged: faster payments

December 4, 2023 @ 11:52 pm By Omar Faridi  |  

Alchemy Pay, the crypto payment solutions provider, has expanded its payment options in the Europe and UK regions. The introduction of the Euro Instant solution SEPA Instant and the UK fast e-money transfer solution Faster Payments enhances its On-Ramp service, “allowing users to swiftly execute… Read More

October 13, 2023 @ 6:01 pm By Omar Faridi  |  

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, published Guideline.01: Operational Considerations for Instant Payments Receive-Side Primer in its Faster Payments Knowledge Center. The FPC Operational Considerations for Instant & Immediate Payments Work… Read More

July 27, 2023 @ 2:29 pm By Omar Faridi  |  

Moves, the banking app built exclusively for gig workers, today announced a partnership with Astra, the all-in-one platform for faster payments, to offer members real-time transfers using Visa Direct, Visa’s real-time push-to-card payments platform. As the U.S. gig economy continues to grow, there is “a… Read More

May 15, 2023 @ 11:37 pm By Omar Faridi  |  

Astra, a provider of infrastructure for faster payments, today announced a partnership with Fortress Trust, a custodial trust company in the blockchain infrastructure space, to bring enhanced security and real-time settlement to new use cases within financial technology. By combining their respective solutions, the two… Read More

September 28, 2022 @ 8:52 pm By Omar Faridi  |  

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States,  launched a new industry resource, the Use Case Repository in its Faster Payments Knowledge Center. Supported by The Clearing House, the FPC Education & Awareness… Read More

March 3, 2022 @ 3:08 pm By Omar Faridi  |  

The team at UK Fintech Modulr notes that they are pleased to let their clients know that their Faster Payments transaction limit has “increased from £250,000 to £1 million for inbound and outbound payments, in line with the retail payments authority, Pay.UK, which went into… Read More

February 11, 2022 @ 8:44 am By Omar Faridi  |  

WealthKernel, a provider of digital investment services and infrastructure, has introduced Instant Matching Deposits that are being powered by ClearBank, the Cloud-enabled clearing bank. Instant Matching Deposits enables investors “to instantly fund their accounts and begin trading without waiting days for payments to clear, and… Read More

December 23, 2021 @ 8:11 am By Omar Faridi  |  

Nationwide clients had been left panicking after a recent Faster Payments outage at the building society only a few days before Christmas. After problems being reported on Tuesday (December 22, 2021), Nationwide confirmed that the “technical issue” had now been resolved and that “all delayed… Read More

March 30, 2021 @ 9:32 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet provider, trading platform and block explorer service that recently acquired an additional $300 million in capital, notes that in the crypto space, “one month can feel like an entire quarter — a lot happens.” Blockchain.com points out… Read More

January 13, 2020 @ 5:47 pm By Omar Faridi  |  

LHV, a Fintech-focused banking platform and payment services company, is now offering real-time British pound (GBP) payments through the United Kingdom’s Faster Payments initiative. LHV is reportedly the first banking service provider that’s providing real-time euro payments through the Single Euro Payment Area Instant (“SEPA… Read More