Deep Dive: Weighing The Federal Reserve’s Faster Payments Proposal
PYMNTS
FEBRUARY 4, 2019
TCH, which is co-owned by 25 banks, launched Real-Time Payments (RTP) in November 2017. The new rail facilitates 24/7 payment clearing and settlement in real time. He said that the payments industry is sufficiently served by the private sector and suggested that innovations such as RTP and blockchain demonstrated this. .
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