PYMNTS

JANUARY 8, 2021

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A

RTP

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

SEPTEMBER 15, 2020

are increasingly linking into the real-time payments infrastructure of the RTP network, according to a new survey by The Clearing House. Researchers found that 70 percent of demand deposit accounts are managed by FIs with access to the RTP network. First Horizon Mixes Rails for Faster Treasury Payments.

RTP

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. “But some banks say they don’t ever plan to offer Real-Time Payments for corporate payments.

Real Time Payments

PYMNTS

OCTOBER 16, 2020

The pandemic appears to be pushing many toward other methods, however, with studies revealing a rising number of companies reporting interest in real-time or instant payment methods. Interest in the Real-Time Payments (RTP) system from The Clearing House (TCH) is growing in the U.S.,

Instant Payments

PYMNTS

AUGUST 15, 2019

High-value payment systems operated by the U.S. Federal Reserve and TCH, Europe’s Eurosystem and EBA CLEARING and the U.K.’s SWIFT’s decision to replace its existing cross-border payment messaging service with ISO 20022 represents another significant push in that direction — one that could have ripple effects.

ISO 20022