PYMNTS

JANUARY 8, 2021

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A RTP Outlook.

RTP

PYMNTS

JANUARY 23, 2020

The Clearing House (TCH) is upping the value limit for transactions from the current level of $25,000 to $100,000 starting Feb. 1, TCH announced on Thursday (Jan. The new higher limit affects general transactions on the real-time payments (RTP) network, which is operated by TCH. Bank and Wells Fargo.

TCH

PYMNTS

JUNE 4, 2019

Payment company PayFi and The Clearing House (TCH) have partnered to bring real-time payments technologies to the community banks on PayFi’s Branch99TM Real-Time Platform, according to a release. “We for real-time payment receipt, and it continues to grow. “

Real Time Payments

PYMNTS

MARCH 28, 2019

The Clearing House (TCH), which operates the RTP Business Committee, has added four seats to the committee to incorporate community bank and credit union representation, and also released a set of business principles to outline the RTP’s work. The RTP network was created to help depository institutions with their needs.

TCH

PYMNTS

APRIL 21, 2017

Icon Solutions announced the enhancement of its Instant Payments Framework (IPF) product to support connectivity to The Clearing House (TCH), which will accelerate U.S. banks’ access to real-time payments. financial institutions’ participation in real-time payments. “We

Real Time Payments

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. It wasn’t the first to roll out such a system, but it was the first “major payments upgrade” in the U.S. in approximately four decades.

Real Time Payments

PYMNTS

MARCH 18, 2016

Tech firm DH Corporation and The Clearing House will be partnering to provide real-time payment options in the United States for financial services firms. Going forward, partner financial institutions will be able to leverage D+H’s core, payments and channel applications as an access point for TCH’s real-time U.S

Real Time Payments

PYMNTS

OCTOBER 20, 2017

19) that they are partnering to enable The Clearing House (TCH) to provision and manage Mastercard-branded tokens on behalf of banks. The Clearing House has been a longtime participant in tokenization, which replaces a physical card number with a unique alternate number or “token.”

TCH

PYMNTS

JANUARY 26, 2021

The Clearing House (TCH) has launched a new offering to make it simpler for data aggregators and financial apps to equip financial institutions (FI) with assessment information to perform its own risk evaluation, according to a Tuesday (Jan. 26) announcement emailed to PYMNTS. Bank, Truist, TD Bank, PNC Bank, J.P.

Risk Assessment

PYMNTS

JANUARY 26, 2021

In today’s top news, Flywire could file for an IPO later this year that could value that company at $3 billion, and Mastercard debuted new quantum-resistant technology for contactless payments. Plus, the Federal Reserve released its list of over 110 organizations participating in its FedNow instant payments pilot program.

FedNow

PYMNTS

AUGUST 7, 2017

-based limited liability company The Clearing House’s new faster payments infrastructure. The launch of a TCH gateway signals the information technology firm’s latest step in pushing for faster payments for banks. financial institutions’ participation in real-time payments.”

Faster Payments

PYMNTS

JANUARY 19, 2017

Some of those updates include new functionality designed specifically for the management and processing of real-time payments, connectivity to the pan-European SEPA Instant Credit Transfer Scheme (SCT Inst) and TCH Real-time Payments in the U.S., The pilot for the TCH scheme in the U.S.

TCH

PYMNTS

DECEMBER 3, 2019

The Corporate America Credit Union (CACU), which serves almost 500 credit unions (CUs) around the world, has become a funding agent for the RTP network, The Clearing House ’s (TCH) real-time payments network, according to a release.

Funding Agent

PYMNTS

APRIL 25, 2019

While the Federal Reserve deliberates on whether it will create its own real-time payment (RTP) system, The Clearing House (TCH) is working to head off the competition by making a stronger case for its RTP being the best path to real-time payment ubiquity in the U.S. Arou nd the Faster Payments World.

Real Time Payments

PYMNTS

OCTOBER 12, 2020

He said there are going to be some institutions that will want to connect with both instant payment services — FedNow and The Clearing House (TCH)’s real-time payments ( RTP ) network — in a desire to ensure resiliency and redundancy to support outages in one system to the other, if they were to occur.

Instant Payments

PYMNTS

MAY 5, 2016

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.

Faster Payments

PYMNTS

OCTOBER 16, 2020

How Visa, FIS, TCH, SWIFT, Nacha And Circle See The Future Of Faster, Real-Time Payments Rails . Fifth Third Bank: Business Cash Flow Pains Are Driving Instant Payments Uptake.

Instant Payments

PYMNTS

OCTOBER 24, 2019

The latest Faster Payments Tracker examines developments in real-time payments with an emphasis on B2B cross-border transactions. FedNow , the Federal Reserve’s planned real-time payment system is not due to arrive until 2024, and it takes time for companies to realize new offerings.

Cross-Border Payments

PYMNTS

JULY 2, 2019

Real-time payments are growing more established in countries like the United States, as institutes like The Clearing House (TCH) update their payment infrastructures for the first time in more than three decades. In the insurance space, policy changes and payments can take weeks to settle.

Economy

The Fintech Times

JULY 24, 2024

While each of the aforementioned countries has advanced their digital payment infrastructures, the US has lagged behind. In fact, in 2023 , real-time payments only made up one per cent of all payments in the country. Banks have a difficult choice between TCH’s RTP network and the new kid on the block, FedNow.

FedNow

The Fintech Times

JANUARY 25, 2024

Led by Canapi Ventures, the Series A also had participation from Andreessen Horowitz, Remarkable Ventures and banks Huntington National Bank, First Horizon and Regions. The partnership integrates an Android application developed by Ingenico under the AXIUM platform with the Cybersource open payment platform.

Distributed Ledger Technology (DLT)

PYMNTS

AUGUST 10, 2020

Department of Justice (DOJ) charged 14 people in two separate investigations into their alleged participation in schemes to defraud the Paycheck Protection Program (PPP) of more than $28 million in forgivable loans guaranteed by the Small Business Administration. The Clearing House On The Race for Real-Time Payments In The US.

Real Time Payments