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TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

PYMNTS

Nearly a year of trial-by-fire, pandemic-era learning within the payments business has not only provided some great lessons but has also set the stage for some major advances in 2021 that have been in the cards for years. To further enhance the RfP, TCH is also piloting a secure document repository for bills and invoices.

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Real-Time Payments Move Past Early Adopters

PYMNTS

And beyond TCH and RTP, the Federal Reserve’s FedNow real-time payments solution looms. But that fragmentation will prove short-lived, as there are some on-ramps and off-ramps because of the central infrastructure provided through systems via TCH and FedNow.”. 2021 Could Be The Game-Changer .

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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

The system will come fully online in the city by 2021, according to the MTA. To learn more about how TCH designed its Real Time Payments network to encourage uptake, visit the Tracker’s Feature Story. To find out more on these and other stories, visit the Tracker’s News And Trends. Designing Real-Time Payment Rails for Ubiquity.

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Today In Payments: Flywire Could IPO In Late 2021 With A $3 Billion Valuation; Mastercard Debuts NextGen Contactless Technology

PYMNTS

Flywire Said To IPO In Late 2021 With A $3 Billion Valuation. has tapped investment banks to gear up for an initial public offering (IPO) in 2021 that could provide the firm with an approximately $3 billion valuation, Reuters reported, citing unnamed sources. TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer.

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Faster Payment Networks are a ‘Must-Have’ for 78% of US-Based Financial Firms

The Fintech Times

More than a quarter of those planning to connect to the Clearing House RTP (TCH RTP) Network expect to do so within the following year. ” Volante customers appear to share this sentiment, with several banks already using the Volante PaaS platform for TCH RTP or FedNow Instant Payments Service or are about to certify on these networks.

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021. Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S.

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Seeking More: Faster Payments in the U.S. and Beyond

Faster Payments Council

2021's results spoke loudly, showing us that the industry is doing more but also wants even more when it comes to ubiquitous faster payments. According to the 2021 Barometer, the industry also has its sights set on faster payments beyond the United States, with real-time, cross-border payments serving as a chief point of focus.