PYMNTS

JANUARY 31, 2019

.” In other related news, the Saudi British Bank (SABB), the third-largest bank in Saudi Arabia, said its cross-border payment pilot — with Ripple as an underpinning — has gone live. Summers, Forbes reported, said the system needs to be a versatile one — and as versatile as checks.

SWIFT 77

SWIFT Blockchain Federal Reserve Cross-Border Payments 77

PYMNTS

OCTOBER 12, 2020

He said there are going to be some institutions that will want to connect with both instant payment services — FedNow and The Clearing House (TCH)’s real-time payments ( RTP ) network — in a desire to ensure resiliency and redundancy to support outages in one system to the other, if they were to occur. Digital Dollars, Too? .

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

Faster Payments Council

FEBRUARY 6, 2022

The Group is currently working on its next industry resource, which will provide an overview and perspectives on the role of Central Bank Digital Currencies and cross-border faster payments. And other industry participants and FPC Members are working towards real-time cross-border payments as well.

Faster Payments 68

Faster Payments Cross-Border Payments Cross-Border FPC 68

PYMNTS

APRIL 25, 2019

While the Federal Reserve deliberates on whether it will create its own real-time payment (RTP) system, The Clearing House (TCH) is working to head off the competition by making a stronger case for its RTP being the best path to real-time payment ubiquity in the U.S. While financial players in the U.S. Arou nd the Faster Payments World.

Real Time Payments 49

Real Time Payments Faster Payments TCH Interoperability 49

PYMNTS

MAY 10, 2019

” In addition, these changes would lead to adjustments in the central bank’s services so that The Clearing House (TCH) would be able to settle same-day transactions later in the day, via the NSS. The changes would include “extending the closing of NSS by one hour to 6:30 p.m.

FedWire 51

FedWire Same Day ACH Federal Reserve Nacha Operating Rules 51

PYMNTS

AUGUST 19, 2016

. “This will allow our members to use the same formats and process with TCH [The Clearing House] and other HVP [High-Value Payments] communities, while incorporating the unique characteristics of the Chips messaging formats.”

ISO 20022 40

ISO 20022 ISOs SWIFT Message Standards 40

PYMNTS

SEPTEMBER 5, 2019

Card networks and institutions like the Federal Reserve and The Clearing House (TCH) are all searching for ways to further innovate payments and disbursements as workers get more attached to receiving instant payments. IMF’s Lagarde Urges Banks To Keep Open Mind About Crypto. Almost 40 percent of U.S.

Instant Payments 46

Instant Payments Chip Cards Economy CHIPS 46

PYMNTS

JUNE 21, 2019

payment system testing solutions provider Iliad is seeking to encourage adoption of The Clearing House ‘s (TCH’s) Real-Time Payments (RTP) network. The country’s central bank recently announced that it expects the system to launch in 2020, a year earlier than originally planned. Around the Faster Payments World.

Real Time Payments 44

Real Time Payments Faster Payments Instant Payments RTP 44

PYMNTS

OCTOBER 29, 2019

The Clearing House ’s (TCH) Real-Time Payments (RTP) network received multiple shows of support from B2B FinTechs this week as service providers embrace the U.S.’s Finxact Enables Banks’ RTP Product Development. With a focus on both consumer and corporate payments, RTP enables banks to send, clear and settle transactions in real-time.

RTP 40

RTP Blockchain Business Payments Real Time Payments 40

The Fintech Times

DECEMBER 12, 2023

Additional appointments The Clearing House (TCH), the operator of US payments networks, has welcomed Sal Karakaplan as chief strategy officer. Company updates The Saudi Central Bank (SAMA) has permitted Jeel Pay to provide buy now, pay later (BNPL) solutions.

FinTech 59

FinTech Financial Crimes Non-Bank Point-of-Sale (POS) 59

PYMNTS

JANUARY 21, 2019

It comes at a time when the global tailwinds have, unfortunately, moved in the direction of faster payments by central bank regulatory fiat. And at a time when the prevailing opinion has become that, more or less, the only way to get faster payments done is for the regulators to make banks do it.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77