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Bank Automation
DECEMBER 6, 2024
The Clearing House raised the transaction limit on its Real Time Payments network to $10 million, opening the door for new uses of the rail for commercial transactions.
Bank Automation
DECEMBER 2, 2024
The Clearing House continues to scale its operations with its Real Time Payments network clearing $500 billion at the end of November. Scaling and monitoring growth “is critical when you’re standing up a brand-new network,” Jim Colassano, senior vice president of product development, told Bank Automation News.
59 
Fintech Finance
FEBRUARY 13, 2025
Powered by timely and large-scale payments data from multiple financial institutions, TRACE provides holistic intelligence beyond an individual financial institutions siloed view, enabling tracing of financial crime across a payments network. giving financial institutions a network-level perspective they wouldnt otherwise have.
Payments Dive
DECEMBER 13, 2023
The number of banks participating in The Clearing House’s real-time payments network surged this year after the launch of the rival FedNow system.
130 
Bank Automation
MAY 24, 2024
The Clearing House’s Real Time Payments network and The Federal Reserve’s FedNow network are prepared to tackle interoperability eventually — but for now, its value remains minimal.
78 
Bank Automation
APRIL 25, 2025
The Federal Reserves instant payments network, FedNow, is gaining ground on The Clearing Houses Real Time Payments network and has added more FIs to its network than RTP since its launch in 2017.
52 
PYMNTS
AUGUST 20, 2020
New research says businesses are eager to make the leap into real-time payments (RTP) — and to embrace new payment rails in their effort. Businesses Ready To Jump Into RTP. A new survey from Citizens Bank says businesses are jumping into the real-time payments opportunity. This week, the U.S.
101 
Bank Automation
MAY 13, 2024
Adoption is ticking up for The Clearing House’ Real Time Payments network and the Federal Reserve’s FedNow payments rail as financial institutions add payment services to their platforms. The RTP network has more than 500 institutions on its network, according to The Clearing House’s website.
78 
Bank Automation
DECEMBER 20, 2023
Financial institutions are looking to The Clearing House’s real-time payments network to grow deposits and offer instant gratification in their payments offerings. “It’s definitely been an interesting and accelerating year for the growth of the real-time payments (RTP) network,” Elena Whisler, chief client officer at The Clearing House, told Bank (..)
78 
Bank Automation
MAY 6, 2024
The Clearing House’s Real Time Payments’ network is gaining mid-market companies as businesses gravitate toward real-time payments. Businesses prefer The Clearing House’s RTP solution because it is established and is used by nearly 67% of U.S.
75 
PYMNTS
MARCH 9, 2020
Such systems can offer everything from swifter settlement times to easy payment status tracking, but such benefits require widespread adoption. Consumers and businesses do not want to use new payment networks unless they believe others are already using them, creating a chicken-and-egg problem.
81 
Finovate
FEBRUARY 20, 2025
The bank featured direct connections to all payment networks, including ACH, wires, RTP, FedNow, and Swift, as well as a multi-currency general ledger, low-code customer-onboarding forms, online experiences, and more. Live Oak Bank is only the latest partnership announced by Finzly this year.
115 
PYMNTS
JANUARY 14, 2021
The Clearing House's real-time payments offering, the RTP ® network, continues to gather steam with financial institutions (FIs), FinTechs and their business customers in this week's Payment Rail Innovation roundup. Wells River Savings Bank Joins The RTP Network. Pakistan Preps Instant Payment System.
62 
PYMNTS
JANUARY 11, 2021
PYMNTS' latest Real-Time Payments Report done in collaboration with The Clearing House looks at the matter through numerous use cases, none more informative than that of New Jersey-based community bank Cross River , with its enthusiastic embrace of real-time payments (RTP). Yet banks and FIs are making the move to RTP.
67 
Bank Automation
FEBRUARY 13, 2024
The Federal Reserve’s FedNow payments network, launched nearly seven months ago, has signed up almost as many financial institutions as The Clearing House’s Real Time Payments platform has in seven years.
80 
PYMNTS
DECEMBER 18, 2018
Amazon , Apple and Google are among the large tech companies that are throwing their support behind the creation of a real-time payments network in the U.S. to speed up payments. That’s because some of the big banks run their own real-time payment clearing system via The Clearing House and its RTP system.
PYMNTS
DECEMBER 30, 2020
Nations’ paths toward real-time payments ubiquity therefore depend on FIs, FinTechs and other players adopting these systems and then extending access to other such firms. based FI navigated its implementation of the RTP® network and how it strategizes around extending access to its FinTech clients. . Direct Connections .
64 
Payments Source
NOVEMBER 14, 2017
Those banks will soon be joined on the network by Citi, J.P. Morgan, PNC and SunTrust, who together represent the financial industry’s earliest adopters of RTP. The system went live Monday with a real-time transaction between BNY Mellon and U.S.
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. By becoming a funding agent, CACU is now a partner that can make that process easier.”.
PYMNTS
JANUARY 26, 2021
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.
The Fintech Times
APRIL 8, 2024
The Clearing House , the US-based payments network provider, processed a record 76.4 The Clearing House also revealed that March became a record month for its real-time payments (RTP) network, boasting over 26 million transactions across the month.
59 
The Fintech Times
JANUARY 19, 2024
Financial firms in the US are highly interested in faster payment networks, with 78 per cent saying it is a ‘must-have’ for their organisation; according to Volante Technologies , the payments-as-a-service (PaaS) firm.
Fintech Finance
SEPTEMBER 13, 2024
This comprehensive guideline provides essential insights and best practices for financial institutions (FIs) as they navigate the complex landscape of instant payments. With contributions from industry experts, the guideline aims to help FIs enhance their operational readiness for real-time payments, including RTP® and FedNow®.
131 
PYMNTS
FEBRUARY 19, 2020
Global cloud treasury and finance firm Kyriba has introduced the Kyriba Payments Network to deal with the developing chief financial officer (CFO) mandate to streamline payments and fight payments fraud, the company said in a press release on Wednesday (Feb.
PYMNTS
JANUARY 28, 2020
This week’s examination of the latest innovation initiatives finds this to be true both for innovators exploring ways to improve existing rails — like ACH — as well as those that have embraced the development of entirely new rails, including real-time payments (RTP) and blockchain-powered transactions. percent year over year.
79 
Tearsheet
MAY 1, 2024
The RTP payments network reached a milestone by processing over 1 million payments in a single day on September 1, 2023. EWA and gig worker payments emerged as the network’s primary drivers , surpassing account-to-account (A2A) transfers.
Finextra
NOVEMBER 12, 2024
The RTP network, the largest instant payments system in the United States operated by The Clearing House, now averages over 1 million payments per day.
PYMNTS
DECEMBER 12, 2019
What the payments ecosystem must also manage is the conundrum of future-proofing real-time payments solutions versus developing tools that have immediate applicability to contemporary problems. The instinct of solution providers may often be to go with the latter.
72 
PYMNTS
OCTOBER 29, 2019
The Clearing House ’s (TCH) Real-Time Payments (RTP) network received multiple shows of support from B2B FinTechs this week as service providers embrace the U.S.’s s newest payments network in decades. But RTP isn’t the only novel network to gain traction in the small business in corporate realm.
40 
PYMNTS
FEBRUARY 8, 2018
to Singapore have long been home to real-time payment schemes, but speed lagged behind when it came to America. It wasn’t until November 2017 that The Clearing House (TCH) debuted its Real-Time Payments (RTP) scheme — a system that isn’t expected to see across-the-board adoption until 2020. Getting RTP to permeate the U.S.
43 
PYMNTS
SEPTEMBER 19, 2018
PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions. Last month, PNC Treasury Management linked its corporate clients to real-time payments via The Clearing House’s Real-Time Payments (RTP) network.
PYMNTS
NOVEMBER 27, 2019
According to Tom Halpin, head of payment products at HSBC , faster and real-time payment services don’t only provide the value of speed for corporate clients, especially in the context of cross-border transactions. Progress in Tackling Cross-Border Payments Friction. The Community Approach to Ubiquity.
117 
Finextra
SEPTEMBER 10, 2024
First Citizens Bank today announced that its business and consumer banking customers can now instantly receive secure payments in their savings and checking accounts via a national instant payments network called the RTP® network.
59 
The Paypers
MAY 4, 2023
Open Payment Network (OPN) has partnered with Bankers’ Bank to enable the bank to deliver instant payment services to respondents via API connectivity to TCH-RTP and FedNow.
PYMNTS
DECEMBER 6, 2017
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. The financial institution (FI) has linked into RTP in the U.S. via Finastra ’s Fusion Payments, a payment services platform.
The Paypers
AUGUST 4, 2022
US-based Open Payment Network (OPN) and North American Banking Company (NABC) have launched instant payments to and from any financial institution on TCH's Real Time Payment (TCH-RTP) network.
PYMNTS
OCTOBER 7, 2020
In today’s top news in digital-first banking, Alacriti is teaming with The Clearing House to help with the adoption of real-time payments (RTP), while Bank of America is rolling out three new business treasury-focused application programming interfaces (APIs). Alacriti, The Clearing House Team To Push Real-Time Payments Adoption.
52 PYMNTS
MARCH 18, 2019
This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. The Fed’s Hat and the Faster Payments Ring. the other being the Fed. Take the Fed.
PYMNTS
MARCH 11, 2020
There’s a battle brewing in payments. It’s the Feds versus the Free Marketeers, and the feud between them is over whose real-time payments (RTP) rails will rule them all. Public vs. Private RTP. Federal Reserve is hardly alone in envisioning a national fast payments/rapid settlements system. RTP and Ubiquity.
Finovate
MARCH 4, 2024
Though The Bancorp Bank, Galileo will leverage The Clearing House’s Real Time Payments network to offer real-time payments to help its retail and commercial clients transfer money in real time, 24-hours a day. With the RTP network, real time money movement is available on any day of the year, 24-hours a day. .
PYMNTS
DECEMBER 4, 2019
Not only does that figure represent the growing demand among businesses for faster, more agile and more transparent ways to move funds across borders, it also reflects the financial services industry’s willingness to embrace something other than legacy payment networks to facilitate that demand. HSBC Loops Into RTP.
52 
Fintech Finance
JULY 24, 2024
In his role at BNY, he is responsible for the Treasury Services commercial platform, delivering Payments, Trade & Cash Management solutions to clients globally. Carl also represents BNY on the Board of Directors for Nacha and The Clearing House Payments Company.
PYMNTS
SEPTEMBER 17, 2020
In today’s top news in digital-first banking, SWIFT has announced that its international platform will be updated to let financial institutions (FIs) provide instant transactions, and VSoft has rolled out its new Bread merchant services network.
52 
Bank Automation
NOVEMBER 29, 2024
The Clearing House’s Real Time Payments network is seeing growth in adoption and transaction volume as consumers, small- and medium-sized businesses and large enterprises demand instant payment capabilities.
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