PYMNTS
OCTOBER 15, 2020
Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.” There may be some tailwind, he said, as recent research has shown that the coronavirus can live for weeks on banknotes and other surfaces.
PYMNTS
AUGUST 10, 2020
Waterhouse said that in terms of TCH’s own initiatives in getting banks on board the ongoing effort to make RTP ubiquitous across the entirety of the U.S. is actually a two-step process: connecting the core banking systems of these FIs to the TCH network, and then getting the banks to make it a part of their service offering.
PYMNTS
NOVEMBER 21, 2019
ACI Worldwide is connected to Zelle and The Clearing House (TCH), the latter of which offers Same-Day ACH services. ACI Worldwide noted it already has a strong foothold in the real-time payments space, with integrations with 18 real-time domestic payment networks around the globe. In the U.S.,
PYMNTS
AUGUST 12, 2019
Existing infrastructure that enables these innovations is cheap, secure and efficient – and ubiquitous for innovators who want to launch those products as well as the corporates that want to use them. Such as how the Fed plans get a critical mass of participants on board, which The Clearing House (TCH) is struggling to do now.
PYMNTS
FEBRUARY 4, 2019
is still scrambling to catch up, however, and major financial players are hoping it can achieve its own ubiquitous real-time payments system by next year. TCH, which is co-owned by 25 banks, launched Real-Time Payments (RTP) in November 2017. The Clearing House (TCH), for instance, has voiced its opposition.
PYMNTS
JANUARY 25, 2019
Citizens plans to provide greater payments speed to its clients this year by using the RTP rail developed by The Clearing House (TCH). The FI, one of TCH’s owner banks, aims to offer its customers real-time payments during the first half of 2019, and give them the ability in later months to send them. . Federal Reserve Proposals.
PYMNTS
MARCH 18, 2019
Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S. TCH is the association of the 25 largest banks in the U.S., On its website, TCH also says RTP is the system that “all federally insured U.S.
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