PYMNTS

JANUARY 24, 2019

It’s expected that more than 56 real-time payment rails will be live by 2020, and the U.S. The demand for faster payments is strong in the U.S., Since The Clearing House (TCH) launched Real-Time Payments (RTP) in 2017, the system has yet to reach ubiquity in the U.S. Citizens Bank On Corporate Real-Time Payments.

Federal Reserve 67

Federal Reserve Real Time Payments Faster Payments RTP 67

PYMNTS

NOVEMBER 27, 2020

Consumers have meanwhile transitioned even more toward payment solutions that allow them to send or receive money in real time, with P2P apps like Zelle and Venmo reporting jumps in user activity during the first half of 2020. One study by TCH observed that 56 percent of checking account holders in the U.S. percent during Q3 2020.

Real Time Payments 106

Real Time Payments P2P B2B Zelle 106

PYMNTS

FEBRUARY 4, 2019

Twenty-five of them were operational worldwide in 2017, and that number had swelled to 40 by September 2018, with 16 more expected to debut by 2020. Demand for these services is high. bank account would be able to securely receive real-time payments by 2020. . The Clearing House (TCH), for instance, has voiced its opposition.

Faster Payments 73

Faster Payments Federal Reserve Real Time Payments TCH 73

PYMNTS

OCTOBER 16, 2020

How Visa, FIS, TCH, SWIFT, Nacha And Circle See The Future Of Faster, Real-Time Payments Rails . NEW DATA: How We Will Pay 2020: With Connected Devices, At Home And During The Week. Travel Industry Sees Pent-up Demand Eclipsing Rising COVID Case Counts . Mastercard: Why It’s Time For Card Issuers To Up Their Digital Game.

Instant Payments 95

Instant Payments Card Issuer Online and Mobile Banking Federal Reserve 95

PYMNTS

NOVEMBER 9, 2020

there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom. As noted by Platformable in its quarterly report on the state of open banking, in the second quarter of 2020, roughly 21 percent of European and U.K.

Consumer Financial Protection Bureau (CFPB) 114

Consumer Financial Protection Bureau (CFPB) Accreditation CFPB TCH 114

PYMNTS

JULY 16, 2019

Now, now, now — that’s the chorus coming from consumers, merchants and other companies when it comes payments, and that demand is fueling progress in real-time payments. It is not only one of the major trends for 2019 but promises to take on increased importance in 2020 and beyond. The demand for faster payments is strong in the U.S.,

Real Time Payments 40

Real Time Payments RTP Faster Payments Law Enforcement 40

PYMNTS

MARCH 18, 2019

Connecting these two dots suggests a few important things that, for banks and card networks, might be the 2020 hindsight that could have come in handy had they stopped to look backwards a few years ago: That the Fed has much more than a passing interest in how faster payments are run in the U.S. No date has been given for that process.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80