Tearsheet

FEBRUARY 16, 2024

“Beyond extending our partnership with Mastercard, we intend to partner on innovating for the banks that use the network by looking for additional use cases that they’ve expressed interest in and that would help drive volume across RTP,” said Lee Alexander, Executive VP and CIO at The Clearing House. Chiro Aikat: It all comes down to choice.

Instant Payments 119

Instant Payments RTP Visa TCH 119

PYMNTS

DECEMBER 3, 2019

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.

Funding Agent 52

Funding Agent Credit Union RTP Real Time Payments 52

Finovate

OCTOBER 21, 2024

Move Commercial Payments offers features like liquidity management, integration with existing SWIFT systems, and helps to reduce counterparty risk. However, many businesses still struggle with cross-border payments, frustrated by hidden costs and unpredictable settlement speed.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Visa FedNow 59

Fintech Finance

JANUARY 24, 2024

Mastercard and The Clearing House (TCH) have announced an extended multi-year partnership, bringing the companies together to collaborate on innovative capabilities for consumers, businesses and governments to evolve and embrace the digital economy through real-time payments (RTP) adoption on the RTP® network. demand deposit accounts.

Real Time Payments 52

Real Time Payments RTP Visa Instant Payments 52

Payment Savvy

MAY 15, 2023

Liquidity Management Tool To manage liquidity in this system, the FedNow service will offer a liquidity management tool. Cost efficiency: A well-managed liquidity position means banks can use their funds more effectively, maximizing returns on investments and reducing borrowing costs.

FedNow 52

FedNow Federal Reserve Liquidity Management Instant Payments 52

PYMNTS

OCTOBER 12, 2020

As reported in August, the Fed had announced some additional details of the 24/7 year-round interbank settlement service through a program that began to take shape in 2019, geared toward speeding processing times tied to instant payments (and featuring a clearing function). The Timeframe . Digital Dollars, Too? .

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

PYMNTS

JANUARY 23, 2020

MUFG Union Bank is now offering business customers real-time payments on The Clearing House (TCH) RTP network, MUFG announced on Thursday (Jan. The RTP network provides instantaneous payments that allow customers the convenience of using funds right away. The RTP network is the first payments framework created in the U.S.

Real Time Payments 56

Real Time Payments RTP TCH Payments 56