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.”. This makes it important for businesses to adopt faster payment methods as well as inform partners about their options.

Real Time Payments

PYMNTS

MARCH 18, 2019

Take two announcements from just last week, related to the evolution of faster payments in the U.S. 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. Faster Payments Is Happening, Fast.

Faster Payments

PYMNTS

JANUARY 21, 2019

And at a time when the prevailing opinion has become that, more or less, the only way to get faster payments done is for the regulators to make banks do it. when the vast majority of banks have resisted throwing their support behind TCH, which has been trying for the last several years to get its real-time payments alternative off the ground.

Faster Payments

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

MAY 8, 2017

Icon Solutions , which provides FIs with technology and consulting to help get their real-time payments capabilities up and running, recently announced that it is working with The Clearing House (TCH), offering TCH its Instant Payments Framework.

Real Time Payments

PYMNTS

SEPTEMBER 30, 2016

SWIFT has its thing, IBM is doing something else and allegedly with The Clearing House and Vocalink (although it’s been crickets from TCH for quite some time). NACHA just launched Same Day ACH – the only faster ubiquitous payments play in the U.S. It’s one big hot faster payments mess since.

CFPB