Community Banks, Interbank Settlement and TCH

PayFi Teams With The Clearing House For Real-Time Payments Platform

PYMNTS

JUNE 4, 2019

Payment company PayFi and The Clearing House (TCH) have partnered to bring real-time payments technologies to the community banks on PayFi’s Branch99TM Real-Time Platform, according to a release. “We PayFi said its main goal is to speed up the adoption of real-time payments and relationship banking for community banks.

Real Time Payments

Real Time Payments ISO 20022 RTP Interbank Settlement

Deep Dive: Weighing The Federal Reserve’s Faster Payments Proposal

PYMNTS

FEBRUARY 4, 2019

TCH, which is co-owned by 25 banks, launched Real-Time Payments (RTP) in November 2017. The new rail facilitates 24/7 payment clearing and settlement in real time. Community banks and credit unions also offered their backing. The Clearing House (TCH), for instance, has voiced its opposition.

Faster Payments

Faster Payments Federal Reserve Real Time Payments TCH

Payments Space

PayFi Teams With The Clearing House For Real-Time Payments Platform

Deep Dive: Weighing The Federal Reserve’s Faster Payments Proposal

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