Good Funds Irrevocability Settlement 
PYMNTS
JANUARY 3, 2020
Real-time availability and real-time settlements are not the same, of course. As Ingo Money CEO Drew Edwards told PYMNTS , “There are enough rails in place today to provide ubiquity, choice and instant access to good funds for consumers. You can’t pull them back.
PYMNTS
JANUARY 21, 2019
FIN also recognizes that getting the Fed’s interoperable network up and running will take some time, so in the interim its members would like to have direct access to the Fed’s national payments settlement system. Currently, access to the Fed’s Real-Time Gross Settlement (RTGS) system is limited to financial institutions that hold deposits.
PYMNTS
OCTOBER 8, 2019
For example, push to debit card options might put money into a consumer’s or SMB’s bank account instantly, with settlement happening a day or two later. There is a difference between real-time availability of funds and real-time settlement of funds,” Edwards explained. “In
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