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Faster Payment Becomes A Federal Case

PYMNTS

In the March 2020 PYMNTS Faster Payments Tracker , the antagonists in this particular drama are the Federal Reserve Board (the Fed) and The Clearing House (TCH), whose ACH wire transfer tech was the industry standard until FinTech interlopers began repurposing payments rails with tons of venture capital.

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Helping Corporates Get Over The Real Time Payments Hump

PYMNTS

And at the broader level, as the current market climate drives further adoption of digital payments, growing adoption of real-time transacting is contributing to the modernization of a cashless, resilient economy. Yet, according to Villarreal, one of the largest value propositions of real-time transactions goes beyond the movement of money.

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The Clearing House’s Strategies To Drive RTP Uptake

PYMNTS

Such systems can offer everything from swifter settlement times to easy payment status tracking, but such benefits require widespread adoption. Consumers and businesses do not want to use new payment networks unless they believe others are already using them, creating a chicken-and-egg problem. Proving Value.

RTP 81
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FPC 2022 Fall Member Meeting

Faster Payments Council

Also, check out resources on the FedNow Explorer website and FedNow pilot program. Thursday, September 15 8:00am-9:00amCT: Networking Breakfast, sponsored by Open Payment Network (St. Payments as a Lifeline (PaaL) will also be hosting a roundtable discussion on Humanitarian Aid during disasters.

FPC 88
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B2B Use Cases Drive Up Real-Time Demand

PYMNTS

FINTAINIUM is combining its Account Receivables and Payables Management Platform with Everlink's eHUB Digital Payments Platform to support real-time B2B and B2C payments that adhere to ISO 20022 payments messaging standards. Smaller FIs Drive Real-Time Demand.