Consumer Authentication and RFP

TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

PYMNTS

JANUARY 26, 2021

Waterhouse said the big evolution for the year ahead will involve taking what are now typically debit transactions like check or automated clearing house (ACH) debit and migrating those to the RTP network combining a Request for Payment (RfP) with a consumer authenticated RTP payment.

Real Time Payments

Real Time Payments RTP RFP TCH

How Banks Can Overcome 10 Challenges with FedNow Payment Sending and Acceptance

Finovate

OCTOBER 16, 2024

per RFP message, charged to the requestor. Also, firms can implement advanced consumer authentication methods and mandate ongoing fraud prevention training for staff to further mitigate risks. Additionally, banks may be holding back because of the fees that come with participating in FedNow.

FedNow

FedNow Instant Payments Disputes Federal Reserve

Payments Space

TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

How Banks Can Overcome 10 Challenges with FedNow Payment Sending and Acceptance

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