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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.

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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.

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

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As she noted, “We're also starting to see greater popularity in [the] use of funding agents,” which are financial institution participants that help RTP participants manage their funding requirements. So Much More Than Payments. when businesses or consumers need to deliver or receive goods, she said.

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Speed Finds Opportunity In B2B Payments Beyond Accounts Payable

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State-chartered financial institution Bankers’ Bank , which focused on providing correspondent banking solutions to community banks, recently announced it would become a funding agent for institutions that want to offer real-time payments via The Clearing House ’s RTP service.

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Payment Rails Search For Harmony In B2B Payments

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Reports in The Japan News said that MUFG and Recruit are collaborating on a possible digital currency with the potential to facilitate B2B payments, and with plans to launch their joint venture in the first half of next year. Credit Unions Embrace RTP.

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