Remove Liquidity Management Remove Real Time Payments Remove Request for Payment
article thumbnail

Unlocking Instant Inbound Payments: Cross River Launches Request for Payment Solution

Trade Credit & Liquidity Management

From a Press Release dated June 9, 2025, Fort Lee, NJ Cross River Bank has launched its Request for Payment (RfP) solution, a new feature designed to enable secure, real-time inbound payments via the RTP® (Real-Time Payments) network.

article thumbnail

Citizens Bank’s Corporate Real-Time Payments Play

PYMNTS

As they work to achieve this, more companies are ditching paper-based methods and embracing digital solutions that streamline payments and reconciliations. Some financial institutions (FIs) are seeking to help their corporate clients tap into real-time payments (RTP) to keep up the pace. . “We as an example.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FedNow And ISO 20022 Are Here — What Now For FIs And Faster Payments?

PYMNTS

Fifty-four faster payment schemes — and counting. Real-time payments are on the radar for most banks, and the opportunity is there to grow top lines and cement customer relationships. Other value propositions include mobile devices enabled to do push payments.

article thumbnail

A Comprehensive Guide to FedNow

Payment Savvy

This means that when you make a payment, the money will be available in the recipient’s account within seconds. This is a significant improvement over current payment systems, which can take several days to process. Regulatory compliance: Banks are required to meet certain liquidity standards set by regulators.

article thumbnail

Bottomline: The Watershed Hurdles B2B RTP Must Clear

PYMNTS

As real-time payments (RTP) gain traction with consumers via peer-to-peer (P2P), the pump may be primed for business-to-business (B2B) transactions to follow suit. Key among those conduits, of course, is the Clearinghouse RTP network, where commercial real-time payments made their debut in the U.S.

RTP