Remove Digital Payments Remove Liquidity Management Remove TCH
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New Year’s Resolution: The Clearing House Urges Banks To Become 24/7 Operations

PYMNTS

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A

RTP
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FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

Along the way, not surprisingly, we’ll transition more fully to digital payments across modernized (and streamlined) rails, flowing domestically and eventually across borders. If they have a big order and need to be paid immediately, it could come in that way [through instant payments]. Digital Dollars, Too? .

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Happy First Birthday FedNow: But is This a Cause For Celebration?

The Fintech Times

While each of the aforementioned countries has advanced their digital payment infrastructures, the US has lagged behind. In fact, in 2023 , real-time payments only made up one per cent of all payments in the country. Are instant payment methods becoming more mainstream in the US? What is actually popular?