PYMNTS

MARCH 9, 2020

Banking association and payments company The Clearing House (TCH) has been confronting such concerns as it advances its real-time payment ( RTP ) offering in the U.S., according to Steve Ledford, TCH’s senior vice president of Product Strategy and Development. That [arrangement] was never going to fly in the U.S.”.

RTP 81

RTP TCH ISO 20022 Real Time Payments 81

PYMNTS

OCTOBER 15, 2020

There’s room for RTP and ACH to co-exist, said Waterhouse, “for a very, very long time.” All of these new instant payments systems around the world are being built on the ISO 2002 standard,” said Waterhouse. Noted Kresse, “RTP and other new payment rails provide us the opportunity to carry remittance direct from system to system.”

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

PYMNTS

APRIL 29, 2019

This can be accomplished with a standard like ISO 20022, which has been implemented more than 80 times worldwide, including with TCH’s RTP system in the U.S. ISO 20022’s format works with various payment types and situations, such as currency-to-currency payments and domestic currency wire transfers. and Australia’s NPP.

ISO 20022 77

ISO 20022 Interoperability Instant Payments Cross-Border 77

PYMNTS

FEBRUARY 8, 2018

It wasn’t until November 2017 that The Clearing House (TCH) debuted its Real-Time Payments (RTP) scheme — a system that isn’t expected to see across-the-board adoption until 2020. To achieve its true potential, though, RTP must be adopted by all U.S. Getting RTP to permeate the U.S. Countries from the U.K.

RTP 43

RTP Real Time Payments TCH Faster Payments 43

PYMNTS

JUNE 4, 2019

Payment company PayFi and The Clearing House (TCH) have partnered to bring real-time payments technologies to the community banks on PayFi’s Branch99TM Real-Time Platform, according to a release. “We PayFi said its RTP network is the first new core payments infrastructure in over 40 years. depository institutions. “We

Real Time Payments 48

Real Time Payments ISO 20022 RTP Interbank Settlement 48

PYMNTS

JANUARY 25, 2019

Some financial institutions (FIs) are seeking to help their corporate clients tap into real-time payments (RTP) to keep up the pace. . “We Citizens plans to provide greater payments speed to its clients this year by using the RTP rail developed by The Clearing House (TCH). However, the current payments environment in the U.S.

Real Time Payments 67

Real Time Payments Federal Reserve RTP TCH 67

PYMNTS

OCTOBER 12, 2020

He said there are going to be some institutions that will want to connect with both instant payment services — FedNow and The Clearing House (TCH)’s real-time payments ( RTP ) network — in a desire to ensure resiliency and redundancy to support outages in one system to the other, if they were to occur. The Timeframe .

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97