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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. RTP Expands Across FI Base. are increasingly linking into the real-time payments infrastructure of the RTP network, according to a new survey by The Clearing House.

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

Fintech Finance

Mastercard and The Clearing House (TCH) have announced an extended multi-year partnership, bringing the companies together to collaborate on innovative capabilities for consumers, businesses and governments to evolve and embrace the digital economy through real-time payments (RTP) adoption on the RTP® network.

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HSBC Now Lets Businesses Send Real-Time Payments 

PYMNTS

HSBC Bank has launched real-time payments capabilities on the RTP network that gives businesses the ability to pay and be paid immediately, the company said in a press release Monday (Nov. This is the latest enhancement of HSBC’s implementation of the RTP network. The network moves money in real time between accounts at any U.S.

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Data Dive, Moving In And Moving On Edition: Apple, Venmo, Google And Visa

PYMNTS

Since last year, Venmo customers have been able to make an instant transfer to a checking account via a debit card for a 1 percent fee (minimum 25 cents, maximum $100). Venmo is using the JPMorgan connection to the TCH RTP rails to enable the instant account-to-account transfer option. More than 64 percent of U.S.

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Deep Dive: How The Pandemic Is Giving Treasurers An Instant Payments Jolt

PYMNTS

Interest in the Real-Time Payments (RTP) system from The Clearing House (TCH) is growing in the U.S., This form of fraud represented 60 percent of deposit account attacks in 2019, for example, and it cost businesses and banks $15.1 with only 9 percent of businesses in one study claiming they did not plan to integrate it.