Instant Payments RTP Ubiquitous 
PYMNTS
AUGUST 10, 2020
You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. But it might not be the Federal Reserve ’s doing. New Trends Emerging. Jack Henry … And Aiming For Ubiquity.
PYMNTS
FEBRUARY 1, 2021
To get a sense of the present state — and future — of instant payments, look to Italy. It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. It has clarified the banking processes, but RTP is hardly ubiquitous within Italy, much less across the Eurozone.
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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.
PYMNTS
AUGUST 6, 2019
The Fed plans to build its own instant clearing and settlement rails. We only get to make this kind of decision once every 30 or 40 years,” Brainard said, noting that this was the biggest payments oriented move made by The Fed since the early 1970s and the implementation of the ACH system. That doesn’t exist today.”.
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.” Real-time payment is also is finding traction in the gig economy, allowing employees to be paid on a regular basis, even daily.
PYMNTS
DECEMBER 27, 2019
The word is out about instant payments — a fact made largely indisputable by the numbers. Instant disbursements are also picking up steam where it really counts — usage. When we asked in 2017 how many consumers have received an instant payment, the answer was a mere 11 percent. Choice: The Golden Rule of Instant .
PYMNTS
SEPTEMBER 24, 2020
That gives the firm the ability to quickly roll out instant-payments capabilities and communicate and engage with merchants on such an offering, which makes the addition much easier to get going. . .
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