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Modern Treasury Drives Growth of Instant Payments with Leading Banks

Fintech Finance

Modern Treasury , essential infrastructure for the new era of payments, has announced that it has expanded instant payments support for mutual customers of six leading banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. We look forward to continued growth through integrations with companies like Modern Treasury.”

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TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

PYMNTS

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.

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EXCLUSIVE: Mastercard And Ingo Partner To Bring Instant Payments To Treasury Banks

PYMNTS

Moreover, Ingo’s Edwards noted, companies are looking — increasingly impatiently — at their treasury-banking partners. Instead, the desire to move into the instant-payments stream is increasingly coming from financial firms’ “largest and most lucrative treasury customers,” he said. What Happens Next .

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Deep Dive: Billing And The Use Of Real-Time Payments

PYMNTS

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. Payment solution providers are now also getting in on the real-time game and supporting a growing list of RTP use cases that use the network for rapid transaction speeds.

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FIS Links Fifth Third Clients To Real-Time Payments

PYMNTS

FIS will bridge Fifth Third into The Clearing House’s (TCH) Real-Time Payments (RTP) system to enable real-time transacting for customers. Fifth Third said it will go live on the RTP system in early 2018 and will support business and consumer transactions. Christopher Ward, in a statement earlier this month.

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PNC Goes Live On The Clearing House’s Real-Time Payments Network

PYMNTS

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.