PYMNTS

MARCH 11, 2020

In the March 2020 PYMNTS Faster Payments Tracker , the antagonists in this particular drama are the Federal Reserve Board (the Fed) and The Clearing House (TCH), whose ACH wire transfer tech was the industry standard until FinTech interlopers began repurposing payments rails with tons of venture capital.

Faster Payments

PYMNTS

MARCH 18, 2019

Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S. TCH is the association of the 25 largest banks in the U.S., On its website, TCH also says RTP is the system that “all federally insured U.S.

Faster Payments

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.

Instant Payments

PYMNTS

MAY 10, 2019

In particular, the later Same Day ACH window would allow more institutions to use Same Day ACH services during a greater portion of their business day, and may promote greater adoption of Same Day ACH, and availability of the service to originators and end users.”

FedWire

PYMNTS

MAY 1, 2018

Users can also set up approved or blocked lists based on payment amounts, sender, frequency and start/end dates. If end users receive an alert, they can return or accept the incoming ACH credit. The PRO-TECH CR solution offers similar services for incoming ACH credits.

Real Time Payments

PYMNTS

JUNE 21, 2019

Getting major FIs on board, and actively engaging with a new payment rail, is critical to achieving the widespread availability needed to make a difference for end users. payment system testing solutions provider Iliad is seeking to encourage adoption of The Clearing House ‘s (TCH’s) Real-Time Payments (RTP) network.

Real Time Payments