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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. RTP Expands Across FI Base. are increasingly linking into the real-time payments infrastructure of the RTP network, according to a new survey by The Clearing House.

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SWIFT Signals Further Openness To Blockchain?

PYMNTS

Might SWIFT be giving a nod, at least partially, toward the use of distributed ledger technology (DLT)? As noted by OracleTimes , it seems the messaging network that ties banks and other financial firms together may indeed be open to DLT — if not directly, then deployed by some of its network.

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Real Time Heats Up In B2B, While Blockchain Gains Traction

PYMNTS

One of the latest adopters of Mastercard's Track solution is Transcard , which announced its A2A capabilities wielding Mastercard technology. While Track supports a range of payment rails, Transcard highlighted its support of the RTP network as a key value proposition within the context of B2B eCommerce.

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SWIFT: Real-Time Payments Demands Real-Time Security And Compliance

PYMNTS

When it comes to payments, speed isn’t the only factor to consider in the deployment of real-time payments (RTP) systems. Security and compliance are also vital components in ensuring that payments are delivered safely and without delay. Canada, Sweden, Denmark and Singapore.

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B2B Use Cases Drive Up Real-Time Demand

PYMNTS

Smaller banks want to take advantage of this demand and are increasingly looping into The Clearing House 's RTP network , developed and owned by the largest banks in the country. Most of our first RTP use cases are companies who want to get payments to workers and suppliers faster," said First Bank assistant vice president Ajay Kothuri.

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This Week in Fintech: TFT Bi-Weekly News Roundup 25/01

The Fintech Times

Mastercard and The Clearing House (TCH ) have extended their multi-year partnership, bringing the companies together to collaborate on innovative capabilities for consumers, businesses and governments to evolve and embrace the digital economy through real-time payments (RTP) adoption on the RTP® network.

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B2B Cross-Border Payments Are Speeding Up

PYMNTS

This is even true for those adopting the Real-Time Payments (RTP) rail from The Clearing House (TCH). The FedNow system is due to launch by 2024, and TCH has expressed concern that FIs would cease adoption of its RTP system until they learned more details about the Fed’s offering.