Deep Dive: Weighing The Federal Reserve’s Faster Payments Proposal
PYMNTS
FEBRUARY 4, 2019
percent, according to a Markets and Markets Research report. . TCH, which is co-owned by 25 banks, launched Real-Time Payments (RTP) in November 2017. The new rail facilitates 24/7 payment clearing and settlement in real time. billion in 2018 to $26.9 billion by 2023 — a CAGR of 30.9 The Federal Approach.
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