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Open Payment Network partners with Bankers' Bank

The Paypers

Open Payment Network (OPN) has partnered with BankersBank to enable the bank to deliver instant payment services to respondents via API connectivity to TCH-RTP and FedNow.

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Varo Money Builds A No-Fee, High Interest Paying Bank On New Technology

Tom Groenfeldt

Varo Money offers smart savings help with AI and machine learning, and it is applying to become a national bank rather than work through a bankers bank as Simple did, before it was acquired by BBVA, and as Moven still does.

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Mastercard and The Clearing House extend partnership on real-time payments

Fintech Finance

Financial institutions can integrate into the RTP network directly, through third-party service providers, bankersbanks and corporate credit unions. The post Mastercard and The Clearing House extend partnership on real-time payments appeared first on Fintech Finance.

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Speed Finds Opportunity In B2B Payments Beyond Accounts Payable

PYMNTS

State-chartered financial institution BankersBank , which focused on providing correspondent banking solutions to community banks, recently announced it would become a funding agent for institutions that want to offer real-time payments via The Clearing House ’s RTP service.

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Wells River Savings Bank To Access TCH’s RTP Network

PYMNTS

Wells River Savings Bank will gain access to the RTP® network built by The Clearing House (TCH) via SHAZAM, Inc. 12) announcement from the Vermont-based financial institution (FI), which noted that Atlantic Community Bankers Bank (ACBB) will offer funding agent functions. according to a Tuesday (Jan.

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US Faster Payments Council Names New Leadership

PYMNTS

“The FPC is an inclusive organization that enables underrepresented voices to have a seat at the table as the industry works to scale the adoption of faster payments,” said Mark Keeling, chief operating officer of The Bankers Bank and a founding member of the FPC.

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Amid Job Market Growth, Consumer Delinquencies Wane

PYMNTS

The percentage of credit card borrowers more than 30 days late on their payments now stands at the lowest level seen in three and a half years, said American Banker. Bank card delinquencies were down 16 basis points to 2.46 Payments ran the gamut of auto and personal loans and credit cards, among other borrowing activity. percent.