PYMNTS

OCTOBER 12, 2020

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. FinTechs are interested in providing value-added services to FIs — and can conceivably connect their offerings to the FedNow platform via participating depository institutions.

Instant Payments

The Fintech Times

JULY 24, 2024

In fact, in 2023 , real-time payments only made up one per cent of all payments in the country. Up to this point, US financial institutions have relied on The Clearing House ‘s (TCH) Real-Time Payments Network (RTP), run by big banks. What is actually popular? It’s a tough choice.

FedNow

PYMNTS

NOVEMBER 18, 2020

The conversation came across a backdrop of more than 50 real-time payment systems currently live around the world, although largely domestic and regional in nature. In the United States alone, for example, The Clearing House’s RTP network serves 70 percent of all DDAs. Awareness of those differences is key. That said, the U.S.

Real Time Payments

PYMNTS

NOVEMBER 5, 2019

Jack Henry Associates announced last week that it has on-boarded an additional 15 financial institutions to The Clearing House’s RTP network in the latest sign of faster payments gaining traction in the U.S. A new report from the U.S. A new report from the U.S.

Faster Payments