PYMNTS

AUGUST 10, 2020

Waterhouse said that the recent, and various, challenges of getting Economic Impact Payments (EIP) into the hands of those who need it most spotlight the need for seamless, real-time delivery of and access to funds. As has been widely reported, millions of Americans had to wait weeks and months for paper checks to arrive.

Real Time Payments 138

Real Time Payments RTP TCH Federal Reserve 138

PYMNTS

JANUARY 26, 2021

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.

Real Time Payments 109

Real Time Payments RTP RFP TCH 109

PYMNTS

JUNE 18, 2019

It’s a well-known fact, too, that corporate payments (the B2B kind) are ripe for digitization, and for a wholesale move away from the paper chase, where checks are still stubbornly tied to 50 percent of corporate transactions. The Clearing House [TCH] launched its own RTP network at the end of 2017.).

RTP 78

RTP P2P B2B RFP 78

PYMNTS

DECEMBER 20, 2017

Faster payments recently made their American debut, with The Clearing House (TCH) instituting the inaugural transaction on the first new payments and clearing system in the U.S. Just as a track star chases faster, better run times, business owners want things — like their payments — to move faster, too, Ward noted.

AI 83

AI Real Time Payments Faster Payments Payments 83

PYMNTS

APRIL 2, 2019

When The Clearing House (TCH) unveiled the Real-Time Payments (RTP) system in 2017, it propelled swifter payments and brought about the next generation of fund transfers. It wasn’t the first to roll out such a system, but it was the first “major payments upgrade” in the U.S. in approximately four decades. .

Real Time Payments 49

Real Time Payments RTP Payer Irrevocability 49