PYMNTS

JANUARY 8, 2021

“A lot of what the pandemic did was force our industry to truly be digital, to facilitate frictionless transactions,” TCH Senior Vice President Elena Whisler said in a recent conversation with PYMNTS. “It 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.

RTP

Payments Dive

JANUARY 29, 2024

The extended partnership between the two companies “focuses on co-development of new real-time payments capabilities,” a spokesperson for The Clearing House said.

TCH

PYMNTS

SEPTEMBER 15, 2020

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. RTP Expands Across FI Base. are increasingly linking into the real-time payments infrastructure of the RTP network, according to a new survey by The Clearing House.

RTP

Payments Dive

MAY 7, 2024

When it comes to bridging the FedNow and RTP networks, officials at the Federal Reserve and The Clearing House have slightly different priorities.

TCH

PYMNTS

AUGUST 10, 2020

These efforts include TCH’s efforts to connect financial institutions’ (FIs’) core banking systems to the company’s Real-Time Payments (RTP) network, along with what card networks and FinTechs are doing to enable real-time push payments to receiver bank accounts. Achieving ubiquity across the 12,000 or so FIs in the U.S.

Real Time Payments

Bank Automation

JANUARY 24, 2024

Mastercard will be the exclusive instant payments software provider for The Clearing House’s (TCH) RTP network, according to a news release from Mastercard. TCH’s RTP network has been gaining traction since the launch of FedNow, with more […]

RTP

PYMNTS

MARCH 28, 2019

The Clearing House (TCH), which operates the RTP Business Committee, has added four seats to the committee to incorporate community bank and credit union representation, and also released a set of business principles to outline the RTP’s work. The RTP network was created to help depository institutions with their needs.

TCH

PYMNTS

MARCH 9, 2020

Banking association and payments company The Clearing House (TCH) has been confronting such concerns as it advances its real-time payment ( RTP ) offering in the U.S., according to Steve Ledford, TCH’s senior vice president of Product Strategy and Development. That [arrangement] was never going to fly in the U.S.”.

RTP

Tearsheet

FEBRUARY 16, 2024

Mastercard recently expanded collaboration with The Clearing House (TCH), with the shared goal of propelling the adoption of instant payments. Mastercard’s collaboration with TCH dates back to 2017 when TCH introduced the RTP network, with Mastercard as the exclusive software provider for the network.

Instant Payments

PYMNTS

NOVEMBER 25, 2020

Ranta said RTP is already past the “early adopter” stage and moving into the “fast follower” phase of its evolution. After all, The Clearing House’s RTP infrastructure is already up and running. And beyond TCH and RTP, the Federal Reserve’s FedNow real-time payments solution looms. 2021 Could Be The Game-Changer .

Real Time Payments

PYMNTS

JUNE 18, 2019

In recent months, though, real-time payments (RTP) have garnered more interest and no shortage of headlines in the U.S. The Clearing House [TCH] launched its own RTP network at the end of 2017.). Cheney told PYMNTS that several factors underpin the readiness for that shift toward RTP. RTP And RFP.

RTP

PYMNTS

JANUARY 23, 2020

The Clearing House (TCH) is upping the value limit for transactions from the current level of $25,000 to $100,000 starting Feb. 1, TCH announced on Thursday (Jan. The new higher limit affects general transactions on the real-time payments (RTP) network, which is operated by TCH. Bank and Wells Fargo.

TCH

PYMNTS

JANUARY 24, 2020

In today’s top news, The Clearing House (TCH) is increasing the value limit for general transactions on the TCH-operated real-time payments (RTP) network, Verizon is working with financial firm Synchrony to put out its own consumer card and the United States is moving to get tough on the sale of counterfeit merchandise through eCommerce.

TCH

PYMNTS

JANUARY 26, 2021

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.

Real Time Payments

PYMNTS

OCTOBER 15, 2020

There’s room for RTP and ACH to co-exist, said Waterhouse, “for a very, very long time.” Noted Kresse, “RTP and other new payment rails provide us the opportunity to carry remittance direct from system to system.”

Real Time Payments

PYMNTS

JANUARY 12, 2021

Wells River Savings Bank will gain access to the RTP® network built by The Clearing House (TCH) via SHAZAM, Inc. A lot of what the pandemic did was force our industry to truly be digital, to facilitate frictionless transactions,” TCH Senior Vice President Elena Whisler said in a recent conversation with PYMNTS. “It

RTP

PYMNTS

DECEMBER 30, 2020

based FI navigated its implementation of the RTP® network and how it strategizes around extending access to its FinTech clients. . That process involves a variety of steps, including working with the RTP API, making changes to internal company processes and thoroughly testing functionalities. Direct Connections .

RTP

PYMNTS

JANUARY 11, 2021

PYMNTS' latest Real-Time Payments Report done in collaboration with The Clearing House looks at the matter through numerous use cases, none more informative than that of New Jersey-based community bank Cross River , with its enthusiastic embrace of real-time payments (RTP). Yet banks and FIs are making the move to RTP.

RTP

PYMNTS

SEPTEMBER 24, 2020

Plus, FIS has partnered with The Clearing House (TCH) on real-time payments (RTP). FIS, The Clearing House Partner To Connect Small, Mid-Sized Banks, CUs To RTP. FIS has teamed with The Clearing House (TCH) to offer immediate settlements to small and mid-sized banks and credit unions (CUs) and their clients.

TCH

PYMNTS

NOVEMBER 3, 2020

The appetite for new payments approaches is only growing, with The Clearing House (TCH) reporting that 400 more FIs have already gained technical access to the RTP network.”. RTP Doing Its Part for a Quicker Recovery. There’s no shortage of interest or activity as more FIs begin offering and promoting RTP.

Real Time Payments

PYMNTS

DECEMBER 3, 2019

The Corporate America Credit Union (CACU), which serves almost 500 credit unions (CUs) around the world, has become a funding agent for the RTP network, The Clearing House ’s (TCH) real-time payments network, according to a release. By becoming a funding agent, CACU is now a partner that can make that process easier.”.

Credit Union

PYMNTS

APRIL 26, 2016

The Clearing House (TCH), the payments firm owned by commercial banks, said that, at the end of last week, it offered up a proposal alongside FIS to the Federal Reserve’s Faster Payments Task Force requesting evaluation of its real-time payments (RTP) system. TCH and FIS have been working together since October of last year.

TCH

PYMNTS

MARCH 18, 2019

This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. TCH is the association of the 25 largest banks in the U.S., RTP and Faster.

Faster Payments

PYMNTS

SEPTEMBER 23, 2020

FIS has partnered with The Clearing House (TCH), the operator of the nation’s payments system infrastructure to provide instant settlements to small to mid-sized banks and credit unions (CUs) and their customers. account holders connected to its RTP. First Bank of St. Louis, one of the largest privately-owned banks in the U.S.,

RTP

PYMNTS

OCTOBER 20, 2017

19) that they are partnering to enable The Clearing House (TCH) to provision and manage Mastercard-branded tokens on behalf of banks. TCH said the agreement paves the way for it to offer fully compliant tokens that transact over the Mastercard network. The Clearing House and Mastercard announced news on Thursday (Oct.

TCH

PYMNTS

AUGUST 12, 2019

Such as how the Fed plans get a critical mass of participants on board, which The Clearing House (TCH) is struggling to do now. FedNow is positioned as a competitor to the private systems, with TCH as its only real-time domestic account-to-account competitor, but it also competes with cards and ACH. Slowing Innovation.

Real Time Payments

PYMNTS

OCTOBER 29, 2019

The Clearing House (TCH) reported that 15 Jack Henry & Associates financial institutions (FIs) will use JHA PayCenter to connect to the RTP network, TCH said in a press release on Tuesday (Oct. TCH’s RTP network gives FIs of all sizes the ability to clear and settle real-time payments. More than half of U.S.

RTP

PYMNTS

DECEMBER 17, 2020

ESL Federal Credit Union , through a team effort with other organizations, has gone live with real-time payments on the RTP network. ESL joined the RTP network by connecting through BNY Mellon , which helps companies convert to digital payments. ESL has more than 374,000 members and 11,400 businesses as customers.

Real Time Payments

PYMNTS

FEBRUARY 8, 2018

It wasn’t until November 2017 that The Clearing House (TCH) debuted its Real-Time Payments (RTP) scheme — a system that isn’t expected to see across-the-board adoption until 2020. To achieve its true potential, though, RTP must be adopted by all U.S. Getting RTP to permeate the U.S. Countries from the U.K.

RTP

PYMNTS

MARCH 11, 2020

It’s the Feds versus the Free Marketeers, and the feud between them is over whose real-time payments (RTP) rails will rule them all. Public vs. Private RTP. The number of banks and credit unions in our pipeline to implement the RTP network actually went up five-fold since the Aug. RTP and Ubiquity.

Faster Payments

PYMNTS

FEBRUARY 4, 2019

TCH, which is co-owned by 25 banks, launched Real-Time Payments (RTP) in November 2017. They stated that major banks have too much control over the RTP system and that they regarded the Fed as a compelling and more equitable alternative to achieving payments ubiquity. The Federal Approach.

Faster Payments

PYMNTS

SEPTEMBER 19, 2019

Cross River, a company that provides banking services for technology companies, will join The Clearing House’s (TCH) RTP network, according to a release. Aiming to simplify the FinTech ecosphere for its clients, Cross River has built a “plumbing” system on top of traditional payment systems. “The

Real Time Payments

PYMNTS

OCTOBER 29, 2019

The Clearing House ’s (TCH) Real-Time Payments (RTP) network received multiple shows of support from B2B FinTechs this week as service providers embrace the U.S.’s But RTP isn’t the only novel network to gain traction in the small business in corporate realm. Finxact Enables Banks’ RTP Product Development.

RTP

PYMNTS

NOVEMBER 27, 2020

One study by TCH observed that 56 percent of checking account holders in the U.S. now have access to such payments via the RTP® network, for example. Payments made by small businesses via Zelle, which is integrated with the RTP network, rose by 30 percent from Q1 2020 to Q2 2020. Driving faster payments forward.

Real Time Payments

Bank Automation

APRIL 4, 2024

The payments service provider already onboards bank clients to the Federal Reserve’s FedNow payments network through its real-time payments cloud, so moving The Clearing House’s (TCH) deployment to the cloud will offer “similar benefits,” […]

Real Time Payments

The Fintech Times

JANUARY 19, 2024

More than a quarter of those planning to connect to the Clearing House RTP (TCH RTP) Network expect to do so within the following year. “Once seen as a nice-to-have, 24/7 real-time payment experiences are increasingly a core requirement for consumers and businesses.”

Faster Payments

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 Citizens plans to provide greater payments speed to its clients this year by using the RTP rail developed by The Clearing House (TCH). However, the current payments environment in the U.S.

Real Time Payments