Center for Payments

OCTOBER 18, 2023

With demand from consumers and businesses for faster payments firmly established, financial institutions recognize the need to act, but where do they stand on implementation planning? To find out, the Center for Payments, a collaboration of ten Payments Associations helping their members keep pace with the continued evolution of U.S.

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PYMNTS

APRIL 22, 2019

However, regardless of how corporates adopt faster payment technologies, many experts agree that the acceleration of payments in the country will have profound effects on the broader financial services space, and those changes are likely to impact how companies manage money and operate in a new ecosystem of payments innovation.

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Center for Payments

OCTOBER 21, 2022

In 2017, The Clearing House launched the Real-Time Payments (RTP) rail, a 24/7/365 processing system. There is a significant upward growth trend with RTP as more financial institutions and companies find use cases for instant payments. FedNow is the Federal Reserve’s service to offer similar instant payment capabilities.

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