PYMNTS

JUNE 18, 2019

“The value that’s been incorporated into the solutions is a lot more than just the speed of the payment, and that’s driving people to get excited,” she said. Among the value-added features lies the ability to have immediate and automated payment status updates. RTP And RFP.

RTP 78

RTP P2P B2B RFP 78

The Paypers

SEPTEMBER 27, 2023

Federal Reserve has released market practices to advance standardised implementation of the request for payment (RFP) feature of instant payments.

Federal Reserve 41

Federal Reserve RFP Request for Payment Instant Payments 41

Faster Payments Council

JULY 21, 2020

The bank bill pay model where the consumer interacts with its online/mobile banking platform to request a payment be sent to the biller's bank.

Faster Payments 68

Faster Payments FPC Research Consumer 68

Finovate

APRIL 2, 2024

Banks in the Treasury Prime network can offer their BaaS clients a real-time payments platform via Narmi’s FedNow service. Narmi supports all of the FedNow offerings, including the ability to receive funds, send money to linked and external accounts, and request for payment (RFP).

Treasury 52

Treasury Instant Payments FedNow Real Time Payments 52

Fintech Finance

MAY 8, 2024

Spearheaded by the FPC Real-Time Recurring Work Group (RTRWG), sponsored by BNY Mellon , the new report delves into key components essential for the successful deployment of instant recurring payments.

Faster Payments 52

Faster Payments FPC Payments RFP 52

PYMNTS

APRIL 2, 2019

They also provide request for payment (RFP) messaging that ensures eInvoice details, due dates and additional details are also immediately available, streamlining billing and payments in fields like utilities.

Real Time Payments 49

Real Time Payments RTP Payer Irrevocability 49

Center for Payments

MARCH 17, 2023

Its initial launch will include core clearing and settlement functionality and some key value-added features, such as a Request-for-Payment (RfP), and over time it will enhance features in subsequent releases to continue to meet industry needs.

FedNow 40

FedNow Faster Payments Instant Payments Federal Reserve 40

Seon

JULY 27, 2023

FedNow works by offering banks, credit unions, and other organizations such as retailers a system where they can utilize instant payment services that go through this core process: The payer (e.g. an employer paying an employee their wages) uses an app provided by their credit union to request the desired payment.

FedNow 40

FedNow Federal Reserve ISO 20022 Fraud Detection 40

Nanonets

SEPTEMBER 1, 2023

Strengthened Vendor Relationships: Timely or accelerated payments cultivate robust vendor relationships, creating opportunities for more favorable negotiation terms and better deals. Seamless Requests for Payments (RFP): Vendors can now submit precise bill requests, streamlining the validation and approval process with a simple click.

FedNow 52

FedNow Wire Transfer Federal Reserve ACH 52

Bank Automation

MAY 15, 2025

Truists newest bill-pay solution taps The Clearing Houses (TCH) Real-Time Payments networks Request for Payment (RfP) tool. The economy is changing to a more real-time, a more instantaneous one, Chris Ward, head of enterprise payments at the $536 billion bank, told Bank Automation News.

TCH 52

TCH Request for Payment RFP Real Time Payments 52