Remove Funding Agent Remove Payments Remove Real Time Payments
article thumbnail

Corporate America Credit Union To Serve As RTP Funding Agent

PYMNTS

The Corporate America Credit Union (CACU), which serves almost 500 credit unions (CUs) around the world, has become a funding agent for the RTP network, The Clearing House ’s (TCH) real-time payments network, according to a release.

article thumbnail

Wells River Savings Bank To Access TCH’s RTP Network

PYMNTS

12) announcement from the Vermont-based financial institution (FI), which noted that Atlantic Community Bankers Bank (ACBB) will offer funding agent functions. Wells River Savings Bank will gain access to the RTP® network built by The Clearing House (TCH) via SHAZAM, Inc. according to a Tuesday (Jan.

RTP 56
article thumbnail

New Year’s Resolution: The Clearing House Urges Banks To Become 24/7 Operations

PYMNTS

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A Limits And Fees.

RTP 139
article thumbnail

Speed Finds Opportunity In B2B Payments Beyond Accounts Payable

PYMNTS

Corporate treasurers show increasing interest in real time and faster payment solutions, the latest research suggests. However, it’s not necessarily the ability to pay suppliers in real-time that has companies enticed. Treasurers See Faster Payments Benefits. Chase Accelerates SMB Bank Deposits.

B2B 43
article thumbnail

Payment Rails Search For Harmony In B2B Payments

PYMNTS

Innovation in the payments arena has provided more rails upon which to move money. In B2B payments, though, legacy tools continue to lead. Local and global ACH transfers are used by 29 percent (the same portion of businesses that write checks to make international payments), while 17 percent use prepaid debit cards.

B2B 52