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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

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
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B2B Payments Firm Modern Treasury Lands $38 Million

PYMNTS

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. In terms of payment innovation, the company notes that real-time payments (RTP) account for over 6 percent of its volume. 12) announcement. The company says that over $18.5

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PNC Automates Faster Payments Choice For Corporate Treasurers

PYMNTS

PNC Treasury Management is rolling out a new solution designed to optimize corporate treasurers’ B2B payments. Options for payment methods will include real-time payment (RTP), same day ACH or next day ACH, with PNC planning to incorporate a wire transfer option in the first quarter of next year.

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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. PNC said it has been using Fusion Payments to process wire payments.

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Real-Time Payments Go Beyond The Need For Speed

PYMNTS

Panelists included Sarah Billings , PNC’s senior vice president and head of payments product, operations and strategy; Bridgit Chayt , Fifth Third Bank’s senior vice president and director of commercial payments and treasury management; and infrastructure expert Domenico Scaffidi of Volante Technologies. That was then, this is now.”.

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Freeing Payments From Friction With B2B API-Based Solutions

PYMNTS

With the NetworkPay integration, approved invoices can automatically initiate payments to suppliers via ACH virtual cards or wire payments. Financial services firm PNC Treasury Management , for one, recently announced that its corporate clients are now connected to their Real-Time Payments (RTP) network.

API
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Payments Processing Deals Show Banks' Bid For 'End To End' Cash Visibility

PYMNTS

In the announcement detailing the deal, PNC said the acquisition would expand the company’s Treasury Management’s payments platform — specifically by enabling corporate clients to manage payables and receivables through a single channel, spanning all payment rails.