PYMNTS

NOVEMBER 21, 2019

initiatives of innovating in faster payments capabilities and promoting adoption of real-time payments. ACI Worldwide noted it already has a strong foothold in the real-time payments space, with integrations with 18 real-time domestic payment networks around the globe. In the U.S.,

Faster Payments 99

Faster Payments FPC Federal Reserve FedNow 99

Bank Automation

JANUARY 24, 2024

Mastercard extended its collaboration with The Clearing House today to allow customers and businesses to use real-time payments. Mastercard will be the exclusive instant payments software provider for The Clearing House’s (TCH) RTP network, according to a news release from Mastercard.

RTP 78

RTP Visa TCH FedNow 78

PYMNTS

OCTOBER 12, 2020

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. Along the way, not surprisingly, we’ll transition more fully to digital payments across modernized (and streamlined) rails, flowing domestically and eventually across borders. The Timeframe .

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

The Fintech Times

JULY 24, 2024

Last year, the US Federal Reserve launched FedNow as a competitive alternative for instant payments in the US. Celebrating its first birthday, we review how the instant payments service has been adopted over the past year. However there is one difference: FedNow is primarily targeted at banks – not at consumers.

FedNow 59

FedNow Instant Payments RTP Federal Reserve 59

PYMNTS

MARCH 11, 2020

It’s the Feds versus the Free Marketeers, and the feud between them is over whose real-time payments (RTP) rails will rule them all. Sensing that existing fast payments are not accessible enough, the Fed proposed the FedNow? service, expected by 2024 as a national fast payments platform available to the public.

Faster Payments 74

Faster Payments Federal Reserve FedNow RTP 74

PYMNTS

MARCH 9, 2020

Payment scheme providers must consider how to encourage adoption, especially if operating in countries lacking a government mandate for financial institutions (FIs) to sign on. Banking association and payments company The Clearing House (TCH) has been confronting such concerns as it advances its real-time payment ( RTP ) offering in the U.S.,

RTP 81

RTP TCH ISO 20022 Real Time Payments 81

The Fintech Times

JANUARY 19, 2024

Financial firms in the US are highly interested in faster payment networks, with 78 per cent saying it is a ‘must-have’ for their organisation; according to Volante Technologies , the payments-as-a-service (PaaS) firm.

Faster Payments 64

Faster Payments Payment Networks FedNow TCH 64

PYMNTS

JANUARY 26, 2021

In today’s top news, Flywire could file for an IPO later this year that could value that company at $3 billion, and Mastercard debuted new quantum-resistant technology for contactless payments. Plus, the Federal Reserve released its list of over 110 organizations participating in its FedNow instant payments pilot program.

FedNow 61

FedNow Federal Reserve Visa TCH 61

PYMNTS

OCTOBER 24, 2019

The latest Faster Payments Tracker examines developments in real-time payments with an emphasis on B2B cross-border transactions. What About FedNow? . FedNow , the Federal Reserve’s planned real-time payment system is not due to arrive until 2024, and it takes time for companies to realize new offerings.

Cross-Border Payments 42

Cross-Border Payments Cross-Border B2B FedNow 42

PYMNTS

AUGUST 14, 2020

The Clearing House On The Race for Real-Time Payments In The US. While the proposed FedNow system has a 2023-24 timeframe to implementation, a number of initiatives and use cases are being embraced right here and right now to move the needle on accelerating payments toward real-time ubiquity.

Addressing 64

Addressing Verification FedNow Fed 64

PYMNTS

JANUARY 23, 2020

Payments made with cash and checks are dropping in volume — the use of cash alone declined 40 percent over the past five years in Canada. Instant payments started 2020 on a high note, however, with the adoption of real-time payments and other speedy disbursement methods increasing over the past few years.

Instant Payments 56

Instant Payments Real Time Payments Online and Mobile Banking Payments 56

PYMNTS

DECEMBER 4, 2019

While firms like Diamante and SatoshiPay embrace blockchain, traditional players like Wells Fargo and HSBC are relying on RTP to accelerate corporate payments. HSBC Bank is introducing real-time payments capabilities to its corporate clients by connecting into the RTP network, allowing businesses to send and receive RTP payments.

B2B 52

B2B RTP Cross-Border FPC 52

PYMNTS

DECEMBER 4, 2020

As for payments speed: Blair contended that although various networks and schemes — such as from TCH and FedNow — will bring real-time payments to companies, using the existing rails remains the easiest path. And so all of those decision points and complexities are taken out of the equation,” she added.

Embedded Payments 74

Embedded Payments Payments Push-to-Card B2B 74

Tearsheet

MARCH 27, 2024

Most employees receiving payments through DailyPay opt for faster payouts, according to Rob Nardelli, director of DailyPay’s commercial banking and business development. According to data from The Clearing House [TCH] for the third and fourth quarters of 2022, DailyPay’s transactions make up one-tenth of all RTP payments.

Instant Payments 64

Instant Payments RTP Consumer Financial Protection Bureau (CFPB) FedNow 64

Bank Automation

FEBRUARY 6, 2025

The Clearing Houses Real Time Payments network captured the instant payments market over the Federal Reserves FedNow rail in 2024. of instant payments last year, Jim Colassano, senior vice president of business product management at The Clearing House (TCH), told Bank Automation News.

RTP 117

RTP Instant Payments Federal Reserve TCH 117

Bank Automation

JANUARY 9, 2025

The Clearing House Real Time Payments network grew 94% year over year on a dollar basis in 2024 as it continued to benefit from the Federal Reserves marketing of FedNow. TCH moved $246 billion on its network in 2024 and increased transaction volume by 38% YoY to 343 million transactions, according to a Jan.

RTP 52

RTP Volume TCH FedNow 52