PYMNTS

SEPTEMBER 19, 2018

The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions.

Cross-Border Payments

Bank Automation

JANUARY 24, 2024

Mastercard extended its collaboration with The Clearing House today to allow customers and businesses to use real-time payments. Mastercard will be the exclusive instant payments software provider for The Clearing House’s (TCH) RTP network, according to a news release from Mastercard.

RTP

PYMNTS

JANUARY 8, 2021

In short, the global pandemic has ushered in rising usage — and use cases — for TCH’s RTP ® network, and Whisler doesn’t see that slowing down anytime soon. We've seen a lot of excitement this year with the RTP ® network, and we're very much expecting next year to grow even faster,” she said. Becoming A 24/7 RTP Shop.

RTP

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.

RTP

PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. However, Modern Treasury says it digitizes every phase of the workflow while its software supplants legacy infrastructure. 12) announcement.

Treasury

PYMNTS

JUNE 4, 2020

Regional bank holding company Huntington is now using the RTP network, meaning it now has a new real-time payments option to help people get money nearly instantly, according to a press release. RTP is offered through The Clearing House and is touted as the first new payments rail in the U.S.

Real Time Payments

PYMNTS

JANUARY 14, 2020

The Clearing House launched Real-Time Payments (RTP) two years ago, enabling financial institutions in the U.S. for the first time to send and receive payments instantaneously, 24/7 year-round. percent of executives consider themselves “very” or “extremely” aware of Real-Time Payments, while 71.9

Real Time Payments

PYMNTS

NOVEMBER 25, 2020

Bloh recently spoke with Karen Webster about the opportunities to optimize B2B payments through A2A capabilities that support a variety of payment modalities — including real-time payments (RTP) — and how data connectivity with the ERP further closes the gap between buyer and supplier. Deepening Data Ties.

B2B

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). Bank Of America Launches Business Treasury APIs.

RTP

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. RTP in the Bill Payments Realm.

Real Time Payments

PYMNTS

DECEMBER 11, 2017

Financial services firm FIS is linking customers of Fifth Third Bank to real-time payments, the companies said late last week. FIS will bridge Fifth Third into The Clearing House’s (TCH) Real-Time Payments (RTP) system to enable real-time transacting for customers.

Real Time Payments

PYMNTS

APRIL 20, 2018

SwapsTech has completed the development of its faster payments solution to help financial institutions link into real-time payment capabilities. The company announced news on Thursday (April 19) that its Payment Galaxy tool is one step closer to being available for banks.

Real Time Payments

PYMNTS

JUNE 18, 2019

Adoption of real-time payments in the U.S. The assumption, of course, is that faster payment functionality only has a place in the peer-to-peer payments arena. ’s push for real-time payments is led by The Clearing House, which aims for ubiquity of its real-time payments (RTP) network by 2020.

RTP

PYMNTS

AUGUST 21, 2018

Less than a year after going live on The Clearing House ‘s Real-Time Payments (RTP) network, PNC is now linking corporate customers of PNC Treasury Management to RTP capabilities. Funds transferred using RTP are available to receivers within seconds, the financial institution (FI) noted.

Real Time Payments

PYMNTS

JUNE 26, 2018

The uncertainty around how, exactly, businesses will adopt faster payments could play a role in how banks are or aren’t establishing a clear road map for launching real-time payment services. ” There are other imbalances in banks’ RTP plans for B2B payments, too.

Real Time Payments

PYMNTS

NOVEMBER 19, 2019

Wells Fargo has launched an integration with the RTP network, enabling its business clients to send real-time payments, Wells Fargo announced in a press release on Tuesday (Nov. Last year, Wells Fargo introduced receiving payments over the RTP network for retail and wholesale customers. . “Our

RTP

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.

Real Time Payments

PYMNTS

SEPTEMBER 24, 2020

Between the Office of the Comptroller of the Currency clearing the way for financial institutions (FIs) to embrace stablecoin, and The Clearing House's latest real-time payments (RTP) push, new payment rails continue to gain traction. FIS, The Clearing House Link For Real-Time Payments.

Office of the Comptroller of the Currency

Faster Payments Council

AUGUST 23, 2024

It's time to confront the harsh reality—innovation alone doesn't drive broad adoption. For the first time in the history of the United States Payment's Conferences, AI will be a sitting panelist and answer questions alongside the other esteemed panelists. Strategic shifts are required to unlock the full potential.

FPC

PYMNTS

DECEMBER 10, 2020

Morgan ’s managing director and EMEA head of payments and solutions, said in a recent interview with Karen Webster. For instance, Castelhano called the rise of real-time payments “the most impact that I've seen” from the pandemic. Real-time has become a reality,” she said. Build It, Buy It Or Partner? “At

Real Time Payments

Fintech Finance

MARCH 28, 2024

Modern Treasury , the operating system for the new era of payments, today announced the launch of its Professional Services offering to help enterprises scale modern payment infrastructure so they can innovate faster, reduce risk, and unlock new revenue. Companies, on average, use 6.6

Treasury

PYMNTS

OCTOBER 16, 2020

Treasury or cash management services that used to be fast enough may therefore no longer be adequate as businesses fight to stay afloat during the economic downturn. Interest in the Real-Time Payments (RTP) system from The Clearing House (TCH) is growing in the U.S., Breaking Away From Checks .

Instant Payments

Fintech Finance

JULY 24, 2024

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, is pleased to announce that Carl Slabicki, Executive Platform Owner of Treasury Services at BNY, has been named the new Chairperson of the FPC Board of Directors.

Faster Payments

PYMNTS

AUGUST 30, 2019

The solution is available to corporate clients of the bank’s PNC Treasury Management unit, according to reports, and will enable PNC to offer businesses real-time global payments. Fintech Futures reported that PNC is the first U.S. bank to use RippleNet’s blockchain network to move money across borders.

Cross-Border

PYMNTS

FEBRUARY 1, 2021

Hagan said FNBO is also keeping this in mind as it looks to later go live on The Clearing House ’s Real-Time Payments (RTP®) network, which it expects will further ease customers’ remittances challenges by delivering funds that are accompanied by rich payments data formatted in a standardized way. .

Payment APIs and Integration

Bank Automation

JUNE 21, 2024

Citi added to its treasury product portfolio this week with the launch of Citi Real-Time Funding to help business clients keep up with liquidity needs in an automated fashion. “Our clients’ businesses are changing,” Ambrish Bansal, global head of liquidity and cash concentration products of Citi Services, told Bank Automation News, noting that clients (..)

RTP

PYMNTS

OCTOBER 22, 2020

Fatehpuria added that GE is working toward integrating real-time payments into its cross-border operations, which could help mitigate many of the challenges endemic to transnational B2B payments, including limited banking hours and batch processing. Treasury is in the middle of upgrading our FX infrastructure,” she said.

Cross-Border Payments

PYMNTS

OCTOBER 30, 2020

Corporate buyers that pay vendors, meanwhile, might seek to satisfy these business partners by delivering money via same-day ACH or over the RTP network. You can do standard ACH that’s free and it’s slow, or you can step up and go to same-day ACH or RTP,” she said. “It It depends on, ‘Is that customer really cash-strapped? Carter said.

Faster Payments

PYMNTS

DECEMBER 31, 2019

The PYMNTS December 2019 Next-Gen AP Automation Tracker details explosive innovation in real-time payments for business, driven in no small part by accounts payable (AP) professionals. Close to one-quarter of AP pros surveyed also want to bring ePayables and virtual cards online for treasury operations.

Checks

PYMNTS

DECEMBER 4, 2019

While firms like Diamante and SatoshiPay embrace blockchain, traditional players like Wells Fargo and HSBC are relying on RTP to accelerate corporate payments. HSBC Loops Into RTP. payments rail ecosystem to support faster transfer of funds. Wells Next to Tap RTP for Corporates. business customers, the FI noted.

B2B

The Fintech Times

MAY 7, 2024

Across much of the world, instant payments have quickly become the norm. In fact, less than a third of US banks are signed up to either RTP or FedNow , meaning the vast majority cannot offer instant payments as a service; new research from RedCompass Labs , the payments modernisation company, has revealed.

Instant Payments

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.

Payment Networks

PYMNTS

JULY 27, 2020

As larger firms are turning back to their treasury banking partners to figure out how to enable instant payout options for their workers or customers, they find that they may not quite have what they need. And so right now for real-time payments that’s got to include … prepaid, debit and credit card, ACH, check, wallets and more.

On-Demand

PYMNTS

OCTOBER 21, 2019

PNC Treasury Management is rolling out a new solution designed to optimize corporate treasurers’ B2B payments. The decision will be made based upon an array of factors, including which payment method offers the lowest cost to the payer, enables the fastest delivery and other parameters pre-established by the treasurer client.

Faster Payments

PYMNTS

SEPTEMBER 10, 2018

The new version of its payment-processing tool, known as EBizChange for NetSuite, works to enable businesses to have line-item invoice information automatically sent from the NetSuite service to the EBizCharge payment gateway, rather than requiring businesses to manually input data.

API

PYMNTS

OCTOBER 29, 2020

Firms are also looking at options like same-day ACH and The Clearing House 's RTP network as they explore how to speed up B2B transactions. Around The Real-Time Payments Landscape. Find more about these and the rest of the Real-Time Payments headlines in the Report. Find the Deep Dive in the Report.

Faster Payments

PYMNTS

SEPTEMBER 17, 2019

State-chartered financial institution Bankers’ Bank , which focused on providing correspondent banking solutions to community banks, recently announced it would become a funding agent for institutions that want to offer real-time payments via The Clearing House ’s RTP service. Treasurers See Faster Payments Benefits.

B2B