Remove Interoperability Remove Participant Remove RTP
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Trustly and Cross River Propel Instant Payment Adoption With Support of FedNow® Service

Fintech Finance

As an early participant in the RTP® network and top 3 RTP® originator, Cross River first collaborated with Trustly to provide access to The Clearing House’s RTP® network, where together, they are leading RTP® adoption. Trustly and Cross River have long served as pioneers in the instant payment industry.

FedNow 45
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Visa Reveals Digital Products to be Launched Over the Year Catering to Evolving Consumer Demands

The Fintech Times

There is a global desire to find commonality, interoperability and simplicity for online payments. Working with Real-Time Payments (RTP) networks around the world, we are overlaying decades of Visa expertise in applying AI to help mitigate fraud for account-to-account payments on RTP networks.

Product 128
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The Clearing House On The Race for Real-Time Payments In The US

PYMNTS

Waiting for the Fed — and its promise of interoperability, which requires participation from the private sector — is akin to playing the (very) long game. Waterhouse said that in terms of TCH’s own initiatives in getting banks on board the ongoing effort to make RTP ubiquitous across the entirety of the U.S. New Trends Emerging.

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RTP: Achieving Ubiquity Without A Mandate

PYMNTS

that aim to lower barriers for FinTechs to participate, she said. The more we look at this as a big bang or a rip-and-replace, the more hesitancy participants are going to have to move forward.”. On the other are regulations in place that Killam noted could hinder real-time payments progress, most notably U.S.

RTP 72
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FPC 2024 Fall Member Meeting

Faster Payments Council

The moderator will drive the conversation, but audience participation will be encouraged! Hear considerations including user experience, transaction routing, payments risk management, and navigating interoperability. It's time to confront the harsh reality—innovation alone doesn't drive broad adoption. What are the pros and cons?

FPC 167
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FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

These comment letters highlighted the need for features to address accessibility, interoperability, security, liquidity, and fraud prevention,” Montgomery said. FinTechs are interested in providing value-added services to FIs — and can conceivably connect their offerings to the FedNow platform via participating depository institutions.

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FPC 2023 Spring Member Meeting

Faster Payments Council

With the system joining the existing RTP system, both promising to modernize the way money moves and allow for greater use of instant payments, it seems the shift to real-time payments is 'inevitable'. Whether we will see these services gain traction is tied to what many believe to be a major hurdle–interoperability.

FPC 88