Tom Groenfeldt

JULY 17, 2025

was slow getting to real-time payments , but the businesses and individuals are taking them up in a big way, using primarily the private sector RTP rails from The Clearing House (TCH). MORE FOR YOU Some of the new uses of RTP, such as payroll, have surprised him. “I getty The U.S. ACH, which was developed in the early.

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Real Time Payments RTP TCH Payments 248

Fintech Finance

AUGUST 15, 2024

Instant payments use the FedNow service, developed and launched by the Federal Reserve in July 2023, and the RTP® network, launched in 2017 by The Clearing House. So far, over 1,000 banks and credit unions have signed on with either the RTP or FedNow networks, or both, and instant payment volume continues to grow. is growing.

Instant Payments 105

Instant Payments Treasury RFP RTP 105

PYMNTS

APRIL 2, 2019

When The Clearing House (TCH) unveiled the Real-Time Payments (RTP) system in 2017, it propelled swifter payments and brought about the next generation of fund transfers. Payment solution providers are now also getting in on the real-time game and supporting a growing list of RTP use cases that use the network for rapid transaction speeds.

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Real Time Payments RTP Payer Irrevocability 49

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.

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Real Time Payments FedNow TCH Fed 78

Finovate

APRIL 25, 2024

Trice Trice is a fast, secure platform for instant bank transfers, connecting directly to FedNow and RTP for real-time account-to-account transactions.

Credit Union 52

Credit Union Irrevocability Payment APIs and Integration FedNow 52

Faster Payments Council

SEPTEMBER 12, 2022

How can we look to this rapidly growing business for new use cases for instant payments? RTP) looks like right now, best practices in implementation, and lessons from the market. Regulators encourage these efforts to educate and set a high bar, as evidenced in public commentary by NCUA board member and former chair Rodney Hood.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

PYMNTS

SEPTEMBER 26, 2019

These methods have subtle distinctions as well as different advantages, risks and use cases. This month’s Deep Dive explores how push payments speed transactions, as well as the benefits and potential challenges of their use in real-time payment systems. Instant payment systems, such as TCH’s RTP and the U.K.’s

Payer 67

Payer Push-to-Card Real Time Payments Payee 67