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The Clearing House On The Race for Real-Time Payments In The US

PYMNTS

Waterhouse said that in terms of TCH’s own initiatives in getting banks on board the ongoing effort to make RTP ubiquitous across the entirety of the U.S. financial services ecosystem, traction may have thus far been slower than originally thought. Achieving ubiquity across the 12,000 or so FIs in the U.S. What’s Next.

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

A third settlement window was part of NACHA’s original announcement in May of 2015 , of the unanimous adoption of SDA by all of the FIs in the U.S. Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S.

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Coming Together To Bring Faster Payments To Life

PYMNTS

When The Clearing House (TCH), the payments firm owned by commercial banks, along with global software and services provider FIS, recently submitted their proposal to the Fed’s Faster Payments Task Force in order to evaluate their real-time payments system proposal, it signified a milestone along the path toward real-time payments.

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Collaborations Bringing Faster Payments Up To Speed

PYMNTS

Here are a couple of notable nuggets: In a recent NACHA survey that was distributed to 22 ACH originating institutions, 100 percent of respondents said they intend to offer same-day payroll, and 95 percent said they were planning to offer same-day B2B services.

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Amex Sizzles, Big Banks Fizzle And Indian eCommerce Lives Up To Its Sizzling Hype

PYMNTS

The Fall of the House of The Retail Bank – an original series coming soon on Netflix. 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.

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