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

TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

PYMNTS

According to Russ Waterhouse , executive vice president of Product Development and Strategy at The Clearing House (TCH), the surge in digitization brought on by the COVID-19 crisis has accelerated the evolution of a range of RTP (Real-Time Payments) network advancements, including instant payroll, merchant settlements and tokenization.

Insiders

Sign Up for our Newsletter

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

article thumbnail

FPC 2023 Fall Member Meeting

Faster Payments Council

MEETING AGENDA Tuesday, September 26 10:00am-12:30pmCT: Registration/Check-In (Foyer) 12:30pm-12:40pmCT: Opening Remarks (Foundry Ballroom) Speakers: Michael Bilski, FPC Board Chairperson; Reed Luhtanen, FPC Executive Director 12:45pm-1:25pmCT: Panel Session – What Commerce Experience Do We Want in Faster Payments?

FPC 88
article thumbnail

Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

Bottomline helps financial institutions modernise their payments infrastructure and enable multi-rail connectivity, while also supporting their readiness for industry-wide mandates and initiatives such as ISO 20022 and those similar to Project Nexus. What is Project Nexus, and how does it address today’s cross-border payment challenges?

article thumbnail

PNC Goes Live On The Clearing House’s Real-Time Payments Network

PYMNTS

PNC announced it is now live on The Clearing House’s real-time payments network RTP, according to a press release published on Tuesday (Dec. via Finastra ’s Fusion Payments, a payment services platform. The financial institution (FI) has linked into RTP in the U.S.

article thumbnail

Instant ACH Transfers Online

Payment Savvy

Instant ACH Transfer Alternatives RTP Network The RTP (Real-Time Payments) Network, launched by The Clearing House, is an alternative option for those seeking instant money transfers. Wire Transfers Wire transfers, offered by companies like Western Union, can facilitate instant transfers between US bank accounts.

ACH 94
article thumbnail

How Banks Can Overcome 10 Challenges with FedNow Payment Sending and Acceptance

Finovate

per RFP message, charged to the requestor. Another reason firms may be reluctant to join FedNow is that the new payment rail comes with a set of challenges for both sending and receiving payment. Additionally, banks may be holding back because of the fees that come with participating in FedNow.

FedNow 59