PYMNTS

MARCH 9, 2020

Payment scheme providers must consider how to encourage adoption, especially if operating in countries lacking a government mandate for financial institutions (FIs) to sign on. Banking association and payments company The Clearing House (TCH) has been confronting such concerns as it advances its real-time payment ( RTP ) offering in the U.S.,

RTP

PYMNTS

NOVEMBER 3, 2020

The appetite for new payments approaches is only growing, with The Clearing House (TCH) reporting that 400 more FIs have already gained technical access to the RTP network.”. RTP Doing Its Part for a Quicker Recovery. There’s no shortage of interest or activity as more FIs begin offering and promoting RTP.

Real Time Payments

PYMNTS

JANUARY 26, 2021

As real-time payment (RTP) schemes move from pilot to implementation worldwide, cybercrooks follow, drawn by the lure of instant ill-gotten gains at scale. First, appreciate how far RTP had come. percent of executives consider themselves ‘very’ or ‘extremely’ aware of Real-Time Payments, while 71.9 Indeed, 85.3

RTP

Finovate

OCTOBER 15, 2024

The company launched the new entity, Payfinia , to provide instant payment solutions to both financial institutions and third-party organizations. Payfinia aims to help financial institutions access and establish ownership of their instant payments services.

Instant Payments

PYMNTS

MARCH 18, 2019

First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Then came PayPal’s debut of Instant Transfer to Bank. and one of two operators of the ACH network in the U.S., A Couple of Important Dots.

Faster Payments

NACHA

JULY 20, 2023

It is a significant achievement. “Nacha believes that instant payment systems (such as FedNow and RTP) and ACH, including Same Day ACH, will together meet the evolving needs of the marketplace.

NACHA

PYMNTS

OCTOBER 30, 2020

Employers might adopt push-to-card solutions that enable them to equip staff with prepaid debit cards, onto which earnings can be quickly disbursed, for example, while other companies may send salaries directly into payment apps. You can do standard ACH that’s free and it’s slow, or you can step up and go to same-day ACH or RTP,” she said. “It

Faster Payments

Fintech Finance

MARCH 31, 2025

. “Consumers and business appreciate the convenience and security provided with electronic payments. We see growth in all our payment networks, particularly with instant payments and same day ACH payments.” ” Electronic payments are increasing across all payment rails.

ACH Network

PYMNTS

FEBRUARY 4, 2019

Consumers may find it easy to pull out cards, but this system doesn’t work as well for retailers, who must wait one to three days for those payments to process. . FIs and FinTechs are offering additional solutions to handle B2B, payroll and other corporate or governmental payments. Faster Rails. The Federal Approach.

Faster Payments

PYMNTS

OCTOBER 29, 2020

Firms are also looking at options like same-day ACH and The Clearing House 's RTP network as they explore how to speed up B2B transactions. Inside Businesses’ Faster Payments Selections. Same-day ACH may appeal to some companies, while the RTP network suits others, for example.

Faster Payments

PYMNTS

SEPTEMBER 17, 2019

And for good reason, Ingo Money CEO Drew Edwards noted in a recent conversation with Karen Webster and Ingo Executive Vice President and Chief Product Officer Lisa McFarland — instant payments present a world of interesting possibilities for creating better consumer experiences across a wide range of uses. An Explosion of Rails .

Instant Payments

Fintech Finance

FEBRUARY 17, 2025

With Orums Monitor payments portal, businesses will be able to: Optimize and orchestrate money movement: Smart routing makes it easy for payment operations teams to transfer money at their preferred speed and cost, instead of being forced to select specific rails (i.e. RTP, FedNow, Same Day ACH, ACH, wire, etc.)

Account Validation