Remove Consumer Authentication Remove RFP Remove RTP
article thumbnail

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

PYMNTS

According to Russ Waterhouse , executive vice president of Product Development and Strategy at The Clearing House (TCH), the surge in digitization brought on by the COVID-19 crisis has accelerated the evolution of a range of RTP (Real-Time Payments) network advancements, including instant payroll, merchant settlements and tokenization.

article thumbnail

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

Finovate

The service faces competition with The Clearing House’s RTP platform, which was launched well before FedNow went live. 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.

FedNow 59