PYMNTS

NOVEMBER 14, 2017

was moved between accounts at two different banks (there was only one customer with two bank accounts) via RTP, the name for a new “Real-Time Payments” system set up by The Clearing House. The system sees some business actually attaching paper checks to account files just so they can match payment with bills. At 4:59:40 p.m.

Real Time Payments 77

Real Time Payments RTP Irrevocability Faster Payments 77

PYMNTS

MARCH 14, 2019

The retail payments solution is based on the Universal Payments Framework, and boosts the number of self-service options for Capitec as it expands its corporate banking efforts. “We We anticipate significant growth in transaction volume over the next 10 years, as a variety of innovative digital [payment] products are launched.

SWIFT 74

SWIFT Blockchain Distributed Ledger Technology (DLT) RFP 74

PYMNTS

NOVEMBER 8, 2019

As real-time payments (RTP) gain traction with consumers via peer-to-peer (P2P), the pump may be primed for business-to-business (B2B) transactions to follow suit. Key among those conduits, of course, is the Clearinghouse RTP network, where commercial real-time payments made their debut in the U.S. roughly two years ago.

RTP 40

RTP B2B Real Time Payments P2P 40

PYMNTS

JANUARY 25, 2019

Some financial institutions (FIs) are seeking to help their corporate clients tap into real-time payments (RTP) to keep up the pace. . “We We might be at a tipping point in the market, [in which] the market just demands faster payments,” said Matt Richardson, head of product solutions at Citizens Bank. . as an example.

Real Time Payments 67

Real Time Payments Federal Reserve RTP TCH 67

PYMNTS

DECEMBER 20, 2017

In a recent interview with PYMNTS, Chris Ward, executive vice president and head of product management for PNC Financial Services Group — one of the first banks to offer real-time payments to personal and business banking customers alike — said he believes the technology could be a game-changer in the U.S. and getting safer.

AI 83

AI Real Time Payments Faster Payments Payments 83

Finovate

APRIL 25, 2024

Features Update payment methods and change payment dates Pause or cancel subscriptions and resubscribe without the hassle Upgrade, downgrade or switch plans Who’s it for? ScribeUp ScribeUp is the best-in-class subscription management solution directly behind a consumer’s card and banking products.

Credit Union 52

Credit Union Irrevocability Payment APIs and Integration FedNow 52

PYMNTS

DECEMBER 6, 2018

In the latest edition of the PYMNTS DataDrivers podcast, Karen Webster talks with George Evers, senior vice president of real-time product at Vocalink , about the how far real-time payments have already come, and where they are headed. A successful RTP use case often needs other forces at work. That’s progress.

Real Time Payments 56

Real Time Payments RTP Payments Economy 56

PYMNTS

NOVEMBER 18, 2020

In a panel discussion with Karen Webster, observers from the front lines of real-time payments said the shift will require new approaches by banks and corporates toward liquidity, receivables management and partnerships. In the United States alone, for example, The Clearing House’s RTP network serves 70 percent of all DDAs.

Real Time Payments 98

Real Time Payments ISO 20022 Reconciliation Payments 98

PYMNTS

OCTOBER 21, 2019

The solution leverages the RTP network from The Clearing House for real-time payments clearing and settlement capabilities, allowing suppliers to receive instant access to funds, as well as detailed information about the transaction.

Visa 44

Visa Real Time Payments RTP Treasury Management 44