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Faster Payments celebrates first year with 180 million payments milestone
...celebrates first year with 180 million payments milestone Money Apacs banks...has processed more than 180 million payments, worth a total of more than...2009 it processed a record five million payments in a single day, worth over... http://www.computerweekly.com/Articles/2009/05/27/236173/faster-payments-celebrates-first-year-with-180-million-payments.htm
Banks can make money from Faster Payments
...It was the first new UK payment system to be introduced in 20 years. In its first year it processed more than 180 million payments totalling more than £70bn. QHS5-20091006.1 http://www.computerweekly.com/Articles/2009/09/15/237726/banks-can-make-money-from-faster-payments.htm
Video: See the 1.4 second journey of a card payment
...shows the journey a payment takes once somebody attempts to make a payment using a Visa card. There are about 35 million payments made on Visa Europe's network every day. This journey takes 1.4 seconds and travels 30,000 kilometres... http://www.computerweekly.com/Articles/2009/06/11/236396/video-see-the-1.4-second-journey-of-a-card-payment.htm
UK spending patterns still largely plastic: APACS
...Service, launched in May 2008, processed 60.1 million payments to a value of 20.6 billion in the first quarter of 2009. Since launch, a total of 142.9 million payments have been processed, reaching a total value of 53... http://www.computerweekly.com/Articles/2009/05/15/236076/uk-spending-patterns-still-largely-plastic-apacs.htm
Faster Payments clocks £1bn in a single day
...The service transacted five million payments worth £1bn, compared to the previous record of four million payments worth £730m in a single day in December. More than four million payments were standing orders and about... http://www.computerweekly.com/Articles/2009/03/06/235179/Faster-Payments-clocks-1631bn-in-a-single-day.htm
Faster Payments Service processing almost 250,000 payments each day
...the UK Payments Association, APACS. The FPS, which has been running for almost 3 months, processed over 4 million payments in the first two months following its launch. This far outstrips uptake for CHAPS, the UK's other same-day... http://www.computerweekly.com/Articles/2008/08/18/231851/faster-payments-service-processing-almost-250000-payments-each.htm
Pre-paid payment card fraud on the up, says Retail Decisions
...Retail Decisions added it has signed a three-year contract with Virgin Mobile to screen and process more than 15 million payments per year across the virtual mobile network operator's call centre, internet and interactive voice response sales... http://www.computerweekly.com/Articles/2007/09/04/226551/pre-paid-payment-card-fraud-on-the-up-says-retail-decisions.htm
Government defends rigorous testing of new CSA IT system
...after the testing was completed. "We face a major task in building a new IT system that can handle upwards of 13 million payments each year," he explained. "It also needs to link up with other IT systems in the department which are based on... http://www.computerweekly.com/Articles/2002/10/10/190202/government-defends-rigorous-testing-of-new-csa-it-system.htm
Division signals telling time for Bacs IT staff
...which processes more than 3.5 billion financial transactions a year. On a peak day, Bacs handles almost 60 million payments. It has about 50,000 UK business customers, including all of the FTSE 100 companies. Bacs is owned by... http://www.computerweekly.com/Articles/2002/11/08/190763/division-signals-telling-time-for-bacs-it-staff.htm
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All ResultsNews and blogs from the web - MILLION PAYMENTS

MPower Mobile Raising $5 Million for Mobile Payments
Austin, Texas - MPower Mobile, a provider of mobilepayments technology is closing on a $5 million, second round of funding led byMaples Investments.read more http://www.dmwmedia.com/news/2009/10/28/mpower-mobile-raising-%245-million-mobile-payments
1-Pass ARC Check Conversion
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Finextra: Faster Payments slow so far, but business cases for banks emerging
Faster Payments Save Money
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Linux Today - Yahoo filing reveals more details of Microsoft deal
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Yahoo filing reveals more details of Microsoft deal
...mapping and mobile search services. Microsoft agreed to hire at least 400 Yahoo workers. Yahoo can use the $50 million payments to help cover transition and implementation costs, it said. The new details emerged after Microsoft CEO... http://www.itworld.com/business/73582/yahoo-filing-reveals-more-details-microsoft-deal
With global non-cash payment volumes in developed countries now exceeding 170 million payments...
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Ingres Signs Reseller Agreement With HVR Software - Zibb.com
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"We don't need custom services, we don't need anything fancy"
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