PYMNTS

JANUARY 30, 2020

Sure, that might sound a bit obvious, but the statement also provides a quick opportunity to catch up on those deployments and developments – and to consider what changes will arise when RTP moves even further into the consumer mainstream. Bigger RTP Trends. That has not changed, according to PYMNTS research and reports.

RTP 58

RTP Use Case Real Time Payments Credit Union 58

PYMNTS

JUNE 18, 2019

In recent months, though, real-time payments (RTP) have garnered more interest and no shortage of headlines in the U.S. The Clearing House [TCH] launched its own RTP network at the end of 2017.). Cheney told PYMNTS that several factors underpin the readiness for that shift toward RTP. RTP And RFP.

RTP 78

RTP P2P B2B RFP 78

Tearsheet

FEBRUARY 16, 2024

This extended partnership will focus on integrating additional instant payment use cases across a range of payment flows for consumers, businesses, and governments. Mastercard’s collaboration with TCH dates back to 2017 when TCH introduced the RTP network, with Mastercard as the exclusive software provider for the network.

Instant Payments 119

Instant Payments RTP TCH Visa 119

PYMNTS

JULY 5, 2019

FinTech firms are taking on real-time payments for business-to-business (B2B) use cases – and teaming with banking partners to drive innovation. AvidXchange , for instance, worked with Fifth Third Bank to enhance B2B payments while leveraging the inherent capabilities in the RTP network from The Clearing House.

RTP 69

RTP FinTech Real Time Payments B2B 69

PYMNTS

NOVEMBER 3, 2020

As efforts to innovate payments infrastructure continue, speed remains top priority. 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. But it's not only consumers driving demand for real time.

Use Case 56

Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

PYMNTS

JUNE 23, 2020

The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments. PYMNTS explores these stories and others in this week’s Payment Rail Innovation Tracker. RTP Gains Community Bank Traction.

Federal Reserve 106

Federal Reserve RTP Payment APIs and Integration Fed 106

PYMNTS

JANUARY 26, 2021

According to Russ Waterhouse , executive vice president of Product Development and Strategy at The Clearing House (TCH), the surge in digitization brought on by the COVID-19 crisis has accelerated the evolution of a range of RTP (Real-Time Payments) network advancements, including instant payroll, merchant settlements and tokenization.

Real Time Payments 109

Real Time Payments RTP RFP TCH 109

PYMNTS

OCTOBER 15, 2020

Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.” But he pointed to a use case that might be a bit under the radar. So that is certainly an aspiration.

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

PYMNTS

DECEMBER 12, 2019

There are some really strong use cases [of real-time payments] that could address inefficiencies in government payments, if you look at it from a perspective of what the government could get done in areas like tax payments and disbursements like social security,” said Killam. “You What’s especially noteworthy in the current U.S.

RTP 72

RTP Real Time Payments Faster Payments Cross-Border 72

PYMNTS

MARCH 17, 2020

Drilling down a bit, Caldeira said that the speeds of money transfers themselves are increasing across any number of use cases and verticals, and crossing borders with growing frequency. The Challenges Of Multi-Channel Payment Innovation. With global reach, Caldeira said, comes the need to scale globally, too.

Cross-Border 91

Cross-Border Innovation Payment APIs and Integration Cross-Border Payments 91

Faster Payments Council

AUGUST 23, 2024

This session will provide a comprehensive analysis of key industry metrics, highlight opportunities for innovation, and offer strategic guidance to navigate the evolving landscape of payments. It's time to confront the harsh reality—innovation alone doesn't drive broad adoption.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

PYMNTS

AUGUST 12, 2019

That’s the talk track now from the Fed , which a week ago today announced its plans to build and operate a new set of real-time rails, using accelerated access to employer paychecks as its launch use case. Ironically, perhaps, the ACH network’s first direct deposit use case was the U.S. financial system.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78

Fintech Finance

JULY 24, 2024

With experience and focus on innovative payment services across Real-Time Payments (RTP® and FedNow®), ACH, card solutions and alternative payment rails, Carl is well-positioned to support the FPC’s continued growth and innovation in faster payments.

Faster Payments 97

Faster Payments FPC FedNow RTP 97

PYMNTS

MARCH 18, 2019

This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. On its website, TCH also says RTP is the system that “all federally insured U.S.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JULY 3, 2019

In the Real-Time Payments Innovation Playbook , done in partnership between PYMNTS and Mastercard , financial decision-makers from nearly 400 firms across a dozen industries laid out a number of priorities for making their payment processes more efficient. As much as 35 percent plan to reduce reliance on paper checks in the next few years.

B2B 62

B2B Visa RTP Real Time Payments 62

PYMNTS

NOVEMBER 30, 2020

Now, the major real-time payments (RTP) players are ready to push the button on real-time, all the time, redefining fast money and revolutionizing multiple aspects of the commercial biome. RTP Use Cases Growing Faster. Use cases for real-time are growing as more players enter the space. With over 150 U.S.

Real Time Payments 68

Real Time Payments RTP Payroll P2P 68

PYMNTS

OCTOBER 28, 2020

We are not saying that [RTPs] are going to cannibalize the credit card business, but there are new use cases, mainly coming from reducing user cash and other opportunities like loyalty programs.”. Digital Transactions Up, Data Center Usage Down.

Emerging Payments 109

Emerging Payments Real Time Payments RTP Payments 109

Fintech Finance

JANUARY 24, 2024

Mastercard and The Clearing House (TCH) have announced an extended 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.

Real Time Payments 52

Real Time Payments RTP Visa Instant Payments 52

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. The Timeframe .

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

Fintech Finance

APRIL 12, 2024

This landmark accreditation positions Finzly at the forefront of innovation, enabling financial institutions to transition to the next generation of payment processing. In addition to Fedwire, Finzly’s ISO 20022 native platform encompasses all other domestic payment rails, including FedNow, RTP, and ACH.

ISO 20022 78

ISO 20022 FedWire ISOs Fed 78

PYMNTS

DECEMBER 31, 2020

A separate survey found that 92 percent of bank and credit union (CU) respondents expected that implementing the RTP network would “benefit” corporate clients , for example. They might focus on use cases serving whichever customer base is larger or provides most of their revenue, for example.

RTP 67

RTP Real Time Payments Faster Payments Third-Party Service Provider 67

Fintech Finance

OCTOBER 23, 2024

The Open Banking Payments leader also expanded its partnership with Cross River Bank earlier this year to include FedNow in addition to the Real-Time Payments (RTP) network, where Trustly, Inc. And we’re proud our innovative payment solutions are leading the way.” Trustly, Inc.’s has processed over $17 billion in TPV to date.

Process 97

Process Non-Bank FedNow RTP 97

PYMNTS

AUGUST 7, 2019

The Nets deal, he recounted, follows logically from recent acquisitions, like Vocalink, where infrastructure was the focus but now looks toward applications and new use cases as revenue drivers. The Use Cases. The second use case on offer revolves around bill presentment and payment.

Visa 77

Visa Acquirers Real Time Payments ISO 20022 77

PYMNTS

DECEMBER 6, 2018

Unbanked adults rely on cash, and their financial habits and daily lives are largely defined by the habits centered around the use of cash. Real-time payments (RTP) can appeal to such consumers because, in part, it can replicate the experience of cash, especially in regards to the speed of transactions.

Real Time Payments 56

Real Time Payments RTP Payments Economy 56

PYMNTS

DECEMBER 18, 2019

Innovation in the payments arena has provided more rails upon which to move money. It’s why payment innovators are working to either develop and deploy entirely new payment rails or establish technologies that can sit on top of legacy rails to improve their performance. Credit Unions Embrace RTP.

B2B 52

B2B Credit Union Electronic Funds Transfer (EFT) RTP 52

Clearly Payments

DECEMBER 18, 2023

These key trends are set to redefine how consumers and businesses engage with payments, introducing innovation and unparalleled convenience. Real-time cross-border transactions are hurtling towards us, powered by blockchain and other innovations. The global real-time payments market is projected to reach $1.2

Payments Trends 102

Payments Trends Online and Mobile Banking Payment APIs and Integration Contactless Payments 102

PYMNTS

NOVEMBER 19, 2020

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. 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.

B2B 104

B2B Blockchain Real Time Gross Settlement (RTGS) Real Time Payments 104

Faster Payments Council

MARCH 15, 2023

With the system joining the existing RTP system, both promising to modernize the way money moves and allow for greater use of instant payments, it seems the shift to real-time payments is 'inevitable'. FedNow may not interoperate with RTP, and it doesn't seem to be a priority for either. What are your options?

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88

Payment Savvy

MAY 16, 2023

Instant ACH transfers are a modern innovation in digital payments, allowing for near-real-time movement of funds between bank accounts. Instant ACH Transfer Alternatives RTP Network The RTP (Real-Time Payments) Network, launched by The Clearing House, is an alternative option for those seeking instant money transfers.

ACH 94

ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

Finextra

JUNE 9, 2025

Similarly, a record 98 million transactions were made through The Clearing House (TCH-RTP) network in Q4 2024 [3]. Nacha’s Smarter Faster Payments conference highlighted the progress that is now being made to expand use-cases and benefits. FedNow is also reporting significant growth, with more than 1.3

ISO 20022 52

ISO 20022 ISOs FedNow TCH 52

PYMNTS

NOVEMBER 27, 2019

For faster payments, technological innovation is introducing newer capabilities, but as Halpin emphasized, it will ultimately be up to the payments community of end users whether that technology is used. The Community Approach to Ubiquity. “The

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

NOVEMBER 13, 2020

Real-time payments (RTP) methods aren’t much use if few people understand what they are, where to find them and how to use them. percent of consumers claim to have used real-time payments, even though the methods they use either do not support real-time payments or are not made in real time. Consumerizing RTP.

Real Time Payments 56

Real Time Payments RTP Consumer P2P 56

Tearsheet

MARCH 27, 2024

StrawberryFrog has been hailed as the very best in creative marketing, innovations, and transformation for financial brands worldwide. According to data from The Clearing House [TCH] for the third and fourth quarters of 2022, DailyPay’s transactions make up one-tenth of all RTP payments. billion by 2027 from 2.8

Instant Payments 64

Instant Payments RTP Consumer Financial Protection Bureau (CFPB) Junk Fees 64

FICO

APRIL 20, 2023

According to FICO’s latest survey of consumers from 14 countries around the globe, 90% of all consumers have sent a real-time payment, and at least 95% of consumers have used real-time payments in India , Indonesia , the Philippines , and Brazil. Throughout the countries we surveyed, RTP usage shows no signs of slowing.

Real Time Payments 52

Real Time Payments Scams RTP Payments 52

PYMNTS

AUGUST 6, 2019

Moreover, she noted, by providing a modern instant payments infrastructure, The Fed can offer a scaffolding for future innovation — which means the question isn’t just about what are the things we know we can make possible today. “It

FedNow 85

FedNow Fed Federal Reserve Instant Payments 85

PYMNTS

JANUARY 22, 2021

Many consumers are therefore eager for auto financing to be as swift as possible, and companies like auto financing provider Westlake Financial see disbursements delivered over the RTP® network as the future of the industry. The RTP network is a powerful tool, but any tool must be wielded properly to have its desired effect.

RTP 56

RTP Finance Security Real Time Payments 56

PYMNTS

NOVEMBER 23, 2020

When small businesses are looking for innovation … FinTechs have the ability to be [nimbler] and deliver the solutions that small businesses need. RTP Uptake Among SMBs Takes Longer Road to Ubiquity. “We no longer go to the bank,” Potter told PYMNTS. We're not connected. They're more responsive.”. For faster forms of payment.

RTP 57

RTP Checks Small Business Use Case 57